Core Viewpoint - The control of Hangzhou High-tech has changed, leading to the collective resignation of seven senior executives, which is directly related to the transfer of shares to a new controlling shareholder [2][7]. Group 1: Resignation of Executives - Seven senior executives, including the chairman and general manager, have resigned, with their original terms set from February 19, 2024, to February 18, 2027 [6]. - The resignations will result in the board of directors falling below the minimum number required by the company's articles of association [6]. - The resigning executives will continue to perform their duties until new appointments are made [6]. Group 2: Share Transfer and Control Change - The share transfer agreement was completed, with Donghang Group transferring 19.03% of its shares to Jirong Weiye for approximately 495 million yuan at a price of 20.5253 yuan per share [9][7]. - The new controlling shareholder is Jirong Weiye, with Lin Rongsheng as the actual controller [10]. - The change in control is expected to facilitate strategic cooperation between the two companies, enhancing core competitiveness and supporting Jirong Group's energy and chemical strategic transformation [10]. Group 3: Company Performance - Hangzhou High-tech reported a revenue of 197 million yuan for the first half of 2025, representing a year-on-year increase of 28.79%, while the net profit attributable to shareholders was a loss of 6.85 million yuan, an improvement of 21.54% year-on-year [9]. - The company specializes in the research, production, and sales of polymer materials for cable applications, serving various industries including power, energy, and construction [9]. Group 4: Market Reaction - Following the announcement of the control change, Hangzhou High-tech's stock price surged by 19.99%, reaching 21.01 yuan per share, with a trading volume of 5.11 billion yuan [11][12].
董事长、副董事长、总经理、副总经理……7人集体辞职!股价暴涨20%