Group 1 - The core viewpoint of the news is the leadership transition at Qifeng New Materials, with significant changes in management due to age and health reasons, marking a generational shift in the company [2][3] - Qifeng New Materials announced the resignation of its chairman Li Xuefeng and the appointment of Li Andong as the new chairman, while Li Runsheng was appointed as the new general manager [2][3] - The company has faced declining financial performance, with a projected revenue of 3.388 billion yuan in 2024, a decrease of 7.44% year-on-year, and a net profit of 112 million yuan, down 52.56% year-on-year [3][4] Group 2 - The company anticipates increased competition in the decorative paper market due to new industry capacity coming online in 2024, which has led to adjustments in product pricing affecting profitability [4] - Qifeng New Materials aims for a high-quality development target of producing 430,000 tons and significantly improving economic benefits in 2025, which is expected to be a transformative year for the market and the company [4][5]