On the evening of December 18, QuantumCTek issued a somber announcement, revealing that Lv Pin, the company's esteemed Chairman, had tragically passed away. Lv Pin had assumed the role of Chairman in May 2025 and, in addition, held concurrent positions, including Chairman of the Strategy and Investment Committee. As of the announcement date, it was noted that Lv Pin did not possess any shares in the company, nor were there any outstanding commitments regarding share lock-ups. The company's board of directors is committed to expeditiously finalizing the by-election and chairman election procedures.
