GREAT MICROWAVE(SH:688270) 第一财经·2025-09-22 03:55Core Viewpoint - The announcement from Zhenray Technology (688270.SH) indicates that the actual controller and chairman, Yu Faxin, is under investigation and cannot perform his duties, but the company's control remains unchanged and daily operations are managed by senior management [3]. Company Overview - Zhenray Technology was established in September 2015 and focuses on terminal RF front-end chips, high-density packaged microwave modules, and microsystems, integrating design, development, production, and sales [10]. - The company is recognized as a national high-tech enterprise and has established a provincial high-tech enterprise R&D center [10]. Management Changes - Yu Faxin, the chairman, is currently unable to fulfill his responsibilities due to being placed under retention measures by the Huangshi Municipal Supervisory Committee. During his absence, director Zhang Bing will act as the chairman [3][4]. - Other directors and senior management continue to perform their duties normally, and this situation is not expected to significantly impact the company's operations [3]. Financial Performance - In the first half of 2025, Zhenray Technology achieved revenue of 205 million yuan, representing a year-on-year increase of 73.64%. The net profit attributable to shareholders was 62 million yuan, showing a remarkable growth of 1006.99% [12].