Core Viewpoint - Tian Tie Technology's founder and actual controller, Xu Jiding, has been criminally detained by the Taizhou Public Security Bureau, which is currently investigating personal matters unrelated to the company's daily operations [2]. Group 1: Company Management and Operations - Xu Jiding is currently not serving as a director or senior management in the company, and the daily operations are managed by the executive team, which is functioning normally [2]. - The company reported that its production and operational status remains normal, and the incident will not have a significant adverse impact on its daily business activities [2]. Group 2: Shareholding Structure - As of September 30, 2025, Xu Jiding holds 94.188 million shares, making him the largest shareholder with a 7.25% stake, of which 63.37 million shares are frozen [3]. - Other significant shareholders include Wang Meiyu with 4.55% and Xu Zhabin with 4.29%, both of whom have pledged their shares [3]. Group 3: Company Performance - Tian Tie Technology's performance has been under pressure, with a reported revenue of 1.232 billion yuan for the first three quarters of 2025, a year-on-year decrease of 30.69% [8]. - The net profit attributable to the parent company was -58 million yuan, a decline of 340.02% year-on-year, while the net profit after deducting non-recurring gains and losses was -70 million yuan, down 159.57% [8]. - Despite the poor performance, the company's stock price surged approximately 92% during the same period, with a closing price of 7.00 yuan per share on December 25, 2025, and a total market capitalization of 9.088 billion yuan [8].