Group 1 - The popular variety show "Goodbye Lover" has launched its new season, featuring the couple Lu Xing and Deng Sha [1][6] - On the second day of the show's premiere, Lu Xing, the chairman of the listed company Chuanglian Holdings, announced his resignation, drawing attention [2][3] - Lu Xing's resignation is effective from October 17, 2025, as he intends to focus more on his personal business development [3] Group 2 - Chuanglian Holdings has been experiencing continuous losses, with its stock price currently at 0.035 HKD, leading to a market capitalization of 236 million HKD [10] - For the fiscal year ending June 30, 2025, the company reported a revenue of 655 million RMB, a year-on-year decrease of 21%, and an annual loss of 69.01 million RMB [10] - The company's revenue composition shows that approximately 76% comes from financial services, while 24% is from education services [10] Group 3 - Deng Sha mentioned in the show that their work has not been going smoothly in recent years, leading to speculation that Lu Xing's resignation may be a strategic move to distance himself from the company amid public scrutiny [12]

Core Viewpoint - The resignation of the executive director and chairman of Chuanglian Holdings, Lu Xing, is linked to his desire to focus on personal business development, and it follows a criminal case involving bribery related to the company's past [1][9]. Company Overview - Chuanglian Holdings Limited (02371.HK) has been experiencing continuous losses since the 2023 fiscal year, with a reported revenue of 655 million RMB for the fiscal year ending June 30, 2025, a decrease of 21% year-on-year [9]. - The company operates primarily in education consulting and financial services, with approximately 76% of its revenue coming from financial services and 24% from education services [9]. - As of the end of the reporting period, the company had over 800 million RMB in cash and bank balances, with total borrowings of approximately 13.35 million RMB [10]. Recent Developments - Lu Xing, who has been with the company since December 2014, is also known for his involvement in a bribery case where he allegedly provided significant stock and cash to a retired official [1][5]. - The company has established a network of branches in nearly 10 provinces in China, including major cities like Shanghai and Guangdong, through its subsidiary, Beijing Zhongjin Insurance Brokerage Co., Ltd. [9]. - Chuanglian Holdings has over 800 million paid users across its educational platforms, which have provided training to over 80 million individuals in recent years [10].