Core Viewpoint - The company Huashi Technology has recently resolved the legal issues surrounding its actual controller and CEO, Ye Jianbiao, allowing him to resume his duties, which is expected to stabilize the company's operations and governance [1]. Group 1: Company Governance and Management - On July 28, 2025, Huashi Technology received a notice from the Tonglu County Supervisory Committee lifting the detention measures against Ye Jianbiao, the actual controller and CEO [1]. - Ye Jianbiao was previously detained and under investigation since February 21, 2025, which temporarily hindered his ability to perform his duties [1]. - The company has a robust governance structure and internal control mechanisms, ensuring normal operations during Ye's absence [1]. Group 2: Financial Performance - In 2024, Huashi Technology reported a revenue of 501 million yuan, a decrease of 10.84% year-on-year, and a net profit of 9.74 million yuan, down 70.36% year-on-year [3]. - The decline in performance was attributed to a sluggish global economic recovery, weak consumer demand, and project delays from major clients [3]. - In Q1 2025, the company achieved a revenue of 137 million yuan, a significant increase of 241.85% year-on-year, but reported a net loss of 1.95 million yuan [3]. Group 3: Strategic Initiatives - Huashi Technology is focusing on the marine economy, particularly through the development of a new holographic smart fishing port management system [4]. - The company has signed a strategic cooperation agreement with Zhejiang Ocean University to establish a collaborative base for research and innovation in the marine and digital economy [4]. - Huashi Technology is also advancing the application of drones for non-site law enforcement in water areas, utilizing AI algorithms for efficient management of maritime operations [4].