Core Viewpoint - The resignation of He Qijin as Chairman of Huichang Communication and the nomination of He Fei as a non-independent director indicate a significant shift in the company's leadership structure, with potential implications for future governance and strategic direction [1][5]. Group 1: Leadership Changes - He Qijin resigned from his positions as director, chairman, and member of the board nomination committee due to personal reasons, and he will no longer hold any position within the company [1]. - He Fei has been nominated as a candidate for the non-independent director of the fifth board of Huichang Communication, with his term starting from the date of election by the shareholders [1]. - He Fei is related to both the former chairman He Qijin (father) and the current general manager Fang Yilin (spouse), indicating a familial connection within the board [1][4]. Group 2: Company Background and Business Focus - Huichang Communication specializes in the cloud video sector, providing a one-stop cloud video platform and solutions aimed at facilitating digital transformation for enterprises [4]. - The company is not directly involved in the photovoltaic (PV) industry, although its current actual controller has interests in this sector [4]. - New Lin Fei Investment acquired a 27.15% stake in Huichang Communication for 1.053 billion yuan, making it the actual controller with a total of 54,090,000 shares, representing 27.28% of the company's total equity [4]. Group 3: Future Governance and Strategic Developments - Following He Qijin's resignation, the election of a new chairman will occur after the completion of the board's supplementary election, scheduled for November 7, 2025 [5]. - New Lin Fei Group, established in 2008, has developed nine production bases across various cities in Jiangsu Province and has invested in multiple subsidiaries within the PV sector [5]. - By the end of 2024, the company aims to achieve a slicing capacity of 100 GW, high-efficiency battery cell capacity of 36 GW, and module capacity of 15.5 GW, positioning itself among the top global renewable energy enterprises [5].

Group 1 - The chairman of Huichang Communication, He Qijin, resigned due to personal reasons, and his son, He Fei, is nominated as a non-independent director candidate [1] - He Fei does not hold any shares in the company and is related to both the former chairman and the current general manager, Fang Yilin [1] - The company plans to hold a shareholder meeting on November 7, 2025, to elect a new chairman after the board's re-election [5] Group 2 - Huichang Communication focuses on the cloud video sector, providing integrated solutions for digital transformation, although its current actual controller is involved in the photovoltaic industry [4] - In October 2023, Xinyunfei Investment acquired a 27.15% stake in Huichang Communication for 1.053 billion, making it the actual controller with a total of 27.28% of the shares [4] - Xinyunfei Group has established nine production bases in Jiangsu and plans to achieve significant production capacities in the photovoltaic sector by the end of 2024 [5]