Core Viewpoint - The stock price of Xiling Information (300588.SZ) dropped significantly by 12.45% to 19.48 CNY per share following the announcement of an investigation into the company's general manager, Yue Yamei, by the Alashankou Municipal Supervisory Committee [1] Group 1: Company Announcement and Management Changes - Xiling Information announced that its general manager, Yue Yamei, is under investigation, but other board members and senior management are functioning normally, and the company's internal control mechanisms are intact [1] - During this period, the chairman, He Yue, will assume all responsibilities of the general manager [1] Group 2: Share Transfer and Ownership Changes - On July 25, Xiling Information disclosed plans for the controlling shareholders, He Kaiwen and Yue Yamei, to transfer a total of 47.979 million shares (25.06% of total shares) to Shanghai Shengxun and Shanghai Jinzhongyi [1] - The share transfer includes 19% (36.38 million shares) from He Kaiwen and 6.06% (1.1599 million shares) from both He Kaiwen and Yue Yamei, with a total transaction value of 720 million CNY at a price of 15.02 CNY per share [2] Group 3: Financial Performance - In Q1 2025, Xiling Information reported revenue of 43.4791 million CNY, a year-on-year increase of 50.99%, but a net loss attributable to shareholders of 15.0183 million CNY, slightly worsening from the previous year's loss [4] - The 2024 annual report indicated revenue of 163 million CNY, a 2.3% increase, but a net loss expanded from 40.15 million CNY to 60.55 million CNY, with cash flow also declining significantly [4] - The company attributed its financial struggles to macroeconomic fluctuations, changes in the industry market environment, and reduced investment budgets from key government clients, affecting project bidding progress [4]