Group 1 - CGL Group announced the passing of its founder, Zhuang Hua, who died from a sudden cardiovascular disease at the age of 62 [1] - Zhuang Hua was recognized as a significant figure in the recruitment industry, receiving multiple accolades including "Most Influential Person in China's Recruitment Industry" for 2018-2019 [1] - CGL was co-founded by Zhuang Hua and has become synonymous with high-end professional recruitment in China, gaining recognition from clients and candidates alike [3] Group 2 - CGL was established in January 2018 and has expanded globally with offices in major Chinese cities and Silicon Valley, employing 770 staff including 97 partners and over 600 professional consultants [5] - The company specializes in various sectors such as healthcare, internet, new retail, finance, advanced technology, smart manufacturing, semiconductor, and automotive [5] - The ownership structure of CGL includes significant stakes held by Tongdao Elite (Tianjin) Information Technology Co., Ltd., which owns 51%, and Zhuang Hua himself, who held a 15% stake [6] Group 3 - The headhunting industry has faced challenges, with a report indicating that the average team size in recruitment firms has decreased by 40%-50% from 2023 to 2024, suggesting a significant exit of professionals from the industry [7] - The compensation structure for headhunters typically includes a base salary plus commission, which can lead to income uncertainty due to performance-based metrics [7]