Core Viewpoint - The chairman of Guoshield Quantum, Lv Pin, has unfortunately passed away, which has prompted the company to express deep condolences and plans for board member elections [1][8]. Group 1: Company Announcement - Guoshield Quantum announced the death of chairman Lv Pin on December 18, 2025, who had served as chairman since May 2025 and was also the head of the Strategic and Investment Committee [1][8]. - The company confirmed that Lv Pin did not hold any company shares and there were no unfulfilled share lock-up commitments, ensuring that his passing would not affect the board's operational capacity [1][8]. - The company will promptly complete the election of a new chairman and board members in accordance with relevant regulations [1][8]. Group 2: Background Information - Lv Pin, born in July 1979, held a master's degree and had extensive experience in the telecommunications industry, previously serving in senior roles at China Telecom [5][12]. - In March 2024, China Telecom Quantum Group invested 1.775 billion yuan to acquire Guoshield Quantum, completing the ownership transfer in January 2025 [6][13]. - Under Lv Pin's leadership, the company focused on the industrialization of quantum technology, achieving significant milestones such as the establishment of a quantum metropolitan network and the development of the "Tianyan-287" superconducting quantum computer [6][13].

Group 1 - China Telecom has integrated quantum technology into its strategic framework, achieving significant breakthroughs such as the world's largest quantum metropolitan network and over 6 million users of quantum secure communication [1] - The company has developed a distributed encryption system that combines Quantum Key Distribution (QKD) and Post-Quantum Cryptography (PQC) [1] - Under national laboratory guidance, China Telecom has established the "Tianyan-287" superconducting quantum computer, which is the most powerful in the country [1] Group 2 - The establishment of the "Central Enterprise Quantum Talent Innovation Space" is a major strategic initiative aimed at promoting quantum technology and industrial development [2] - The initiative focuses on collaborative innovation among state-owned enterprises, aiming to share research tasks, resources, and innovation outcomes [2] - The company plans to accelerate the transformation of research results into practical applications, creating a globally competitive open ecosystem for quantum technology [2] - A new talent mechanism will be implemented to enhance collaboration and establish a high-level quantum talent research zone [2]