On the evening of December 6, Xingshuaier (002860) announced that Lou Yuegen, chairman of the company, died of illness on December 5 at the age of 74. The board of directors of the company elects Lou Yongwei, director and general manager, to act as chairman of the board of directors until the board of directors of the company elects the chairman. According to public information, Lou Yongwei is the son of Lou Yuegen, and Lou Yuegen is the actual controller of the company, born in 1975, and is now 48 years old.
According to the announcement, Lou Yuegen, born in July 1949, is a native of Fuyang, Hangzhou, Zhejiang. Lou Yuegen loves the party and the country, has the ideal of serving the country with industry, actively assumes social responsibility, and helps domestic compressor thermal protector and starter products to gradually replace imports with domestic products and benefit the society. As the main founder of the company, Lou Yuegen has dedicated his life to the company, worked hard, forged ahead, fulfilled his duties, was diligent and responsible, and did his best for the development of the company. He led the company from a private enterprise to the capital market, successfully listed on the Shenzhen ** Stock Exchange, devoted his life to the company's standardized operation and high-quality development, and gathered an excellent management team and management talents for the company, and at the same time, led the company from the home appliance parts industry to the field of optical storage with a forward-looking strategic vision, laying a solid foundation for the company's leapfrog development.
Regarding the death of Lou Yuegen, Xing Shuaier said in the announcement that the company's directors, supervisors, senior managers and all employees paid high respect to Mr. Lou Yuegen's hard work and outstanding contributions, expressed deep condolences and deep remembrance for Mr. Lou Yuegen's death, and expressed deep condolences to his family. The company will continue to adhere to and carry forward the spirit of "pioneering and innovative, forge ahead" of Lou Yuegen, and continue to be committed to the sustainable and steady development of the company.
Xingshuai is the leading refrigeration compressor thermal protector and starter in China. According to the information on the official website, the company's compressor thermal protectors and starters account for nearly 1 3 of the domestic market, and are the main base for the production and export of domestic compressors, and have a number of independent intellectual property rights, and the products are sold to Europe, America, the Middle East, Southeast Asia and major domestic compressor manufacturers. At present, the company's main business is R&D, production and sales of various types of thermal protectors, starters, sealed binding posts for refrigeration compressors, temperature controllers for small household appliances, small and medium-sized and micro motor products, and solar photovoltaic modules. The 2022 annual report shows that in the future, the company will focus on the photovoltaic field.
The sales growth of the photovoltaic business drove the performance of Xingshuaier. According to the financial report, in the first three quarters of 2023, Xingshuaier's revenue will be 228.5 billion yuan, a year-on-year increase of 8267%；Net profit attributable to the parent company 18.2 billion yuan, a year-on-year increase of 6799%。Xingshuai explained in the financial report that the increase in revenue was caused by the increase in sales of its subsidiary Fuller New Energy.
*: Reported by ***n** in the South.
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