Core Viewpoint - The chairman of the company, Li Wei, has been placed under detention by the Tianjin Binhai New Area Supervisory Committee, leading to a temporary delegation of his responsibilities to the company's vice president, Zhang Min [1] Company Management - The company held its eighth meeting of the fourth board of directors on September 29, 2025, where it was agreed that Zhang Min would assume all responsibilities of the chairman and legal representative [1] - Zhang Min is authorized to sign significant contracts, bidding documents, and periodic reports on behalf of the company during the delegation period, which lasts until Li Wei resumes his duties or a new officer is elected [1] - The company's operational management remains normal, and other board members and senior management continue to perform their duties as usual [1] Financial Performance - In the first half of the year, the company reported revenue of 128 million yuan, a year-on-year decrease of 18.48% [1] - The net profit for the same period was 12.1868 million yuan, reflecting a year-on-year decline of 51.64% [1] - The primary reason for the decline in revenue is attributed to reduced demand from end customers for locomotive signal CPU components [1]