Shannon Semiconductor (300475.SZ) has made an announcement stating that Chairman Fan Yongwu has stepped down from his chairman role due to personal reasons. However, he will retain his position as a director and a member of the specialized committees on the board of directors.

On October 30, 2025, the company's board of directors voted to appoint Huang Zewei, who was previously a director and co - chairman, as the chairman of the fifth board of directors. His tenure will run until the end of the fifth board's term. Following Huang Zewei's appointment as chairman, his role as co - chairman automatically came to an end.

Huang Zewei is a significant shareholder, holding over 5% of the company's shares. He is also the actual controller of Shenzhen Xinlianpu Investment Partnership (Limited Partnership). Through direct and indirect means, he controls 10.31% of the company's shares.