Group 1 - The company announced the resignation of its chairman, Peng Xuhui, due to work adjustments, and he will not hold any positions in the company or its subsidiaries after his resignation [1] - The board of directors elected a new chairman, Cheng Wei, who is 44 years old and has a background in chemical engineering, with extensive experience in various roles within the company [2][4] - This marks the second executive resignation in a short period, following the departure of the company's chief legal counsel, Zheng Chunyang, due to retirement [4] Group 2 - The company reported a revenue of approximately 33.5 billion yuan for 2024, a year-on-year increase of 3.79%, and a net loss of about 670 million yuan, which is an improvement of 1.42 billion yuan compared to the previous year [4] - The company has maintained a competitive advantage in various display fields, including automotive, professional displays, and LTPS smartphones, with significant growth in AMOLED smartphones and LTPS IT products [5][6] - In the first quarter of 2025, the company achieved a revenue of 8.31 billion yuan, a year-on-year increase of 7.25%, and turned a profit with a net income of approximately 96.41 million yuan [7]