Core Viewpoint - The announcement regarding the investigation of Liu Yuping, the president of Huida Technology, for insider trading has raised concerns, but the company asserts that this matter is unrelated to its daily operations and will not impact its business activities [1][4]. Group 1: Company Leadership Changes - Liu Yuping has been appointed as the president of Huida Technology on March 20, 2025, after the resignation of Hu Yuhua due to personal reasons [5][6]. - Liu Yuping has a long history with Huida Technology, having worked there for 17 years prior to his recent appointment [5]. - The resignation of Hu Yuhua and the subsequent appointment of Liu Yuping occurred shortly after the termination of a planned acquisition of Yunyinggu Technology, leading to speculation about potential connections between these events [6]. Group 2: Financial Performance - Huida Technology reported a revenue of 2.251 billion yuan for the first half of 2025, a slight decrease of 0.2% year-on-year [7]. - The net profit attributable to shareholders increased by 35.74% to 431 million yuan, with basic earnings per share at 0.94 yuan [7]. - The decline in revenue is attributed to changes in terminal customer demand and inventory stocking pace, while the increase in profitability is linked to the expansion of innovative product commercialization and stable growth in shipment volume [7]. Group 3: Market Position - Huida Technology's fingerprint recognition chip business has seen a decline in market share, dropping from 84% in 2019 to 43% in 2024, moving from the leading position to the second tier in the global market [7]. - The company faces increasing competition from rivals such as Jihua and Qualcomm, which has contributed to the decrease in its market share [7]. Group 4: Regulatory Matters - The China Securities Regulatory Commission has issued a notice of investigation against Liu Yuping for suspected insider trading, which is being treated as a personal matter and not affecting the company's operations [1][4]. - Liu Yuping will cooperate with the investigation during this period, and the company will continue to monitor the situation and fulfill its disclosure obligations as required by law [4].