Change of leadership! Two LED Listed companies have replaced their chairpersons.

Recently, two A-share listed companies in the lighting industry have successively announced changes in their chairpersons, with both newly appointed chairpersons born in the 1980s.

1 

Change in Chairperson at Jiawei New Energy

On October 13, Jiawei New Energy Co., Ltd. (stock abbreviation: Jiawei New Energy) issued an announcement. 

The announcement stated that the company’s board of directors recently received a written resignation letter from Guo Yanjun. Due to work adjustments, Guo Yanjun has submitted his resignation from the positions of Chairman and Director of the Strategy Committee. Following his resignation, Guo Yanjun will continue to serve as a director, member of the Nomination Committee, and member of the Strategy Committee of Jiawei New Energy, with his original terms for these roles set to expire upon the conclusion of the sixth term of the board. 

The announcement further noted that, in accordance with relevant regulations, Guo Yanjun’s resignation takes effect upon delivery to the board of directors and is deemed to include his simultaneous resignation as legal representative.

Jiawei New Energy added that Guo Yanjun has completed all necessary handover procedures in line with the company’s exit management policies, and his continued service as a director will not affect the normal functioning of the board. The company and its board express their heartfelt gratitude for Guo Yanjun’s diligence, dedication, and contributions to the company’s development during his tenure as chairman. 

It is reported that Mr. Guo Yanjun, born in 1986, has served as Chairman of Jiawei New Energy since 2022. 

To ensure the board operates in compliance with established procedures and align with the company’s business development, the board approved the election of Mr. Jiang Feng as Chairman of the sixth board and Director of the Strategy Committee, with his term running from the date of this board resolution until the conclusion of the sixth board’s term. On the same day, Mr. Jiang Feng also assumed the role of legal representative of the company.

According to his resume, Mr. Jiang Feng, born in 1985, holds a bachelor’s degree and previously served as Accounting Supervisor and Branch Manager at Fuyang Yingquan Rural Commercial Bank. He also held a concurrent post as Deputy General Manager at Fuyang Yingquan Industrial Investment Development Co., Ltd., a shareholder of the company’s controlling shareholder, Qisheng Holdings Co., Ltd. Currently, he serves as Chairman, Director of the Strategy Committee, and legal representative of Jiawei New Energy. 

Jiawei New Energy’s core business encompasses new energy generation-related activities, as well as the R&D, production, and sales of photovoltaic consumer products. Among these, photovoltaic consumer products primarily consist of outdoor LED lighting series, integrating photovoltaic power generation, energy storage, and illumination functions, mainly marketed to overseas markets. 

In terms of performance, during the first half of 2026, Jiawei New Energy reported revenue of approximately RMB 385 million, up 18.60% year-on-year; net profit attributable to shareholders of the listed company was about RMB -9.55 million, up 35.43% YoY. Specifically, LED lighting generated revenue of approximately RMB 23.73 million, up 6.17%; while photovoltaic lawn lights brought in revenue of approximately RMB 98.33 million, up 25.57%. 

2  

New Chairman at Dehao Runda

On October 10, Anhui Dehao Runda Electric Co., Ltd. (stock abbreviation: Dehao Runda) issued an announcement stating that the board of directors has elected Zhang Botao as Chairman of the eighth board of Dehao Runda, with his term running from the date of board approval until the conclusion of the eighth board’s term. Upon being elected Chairman, Zhang Botao will no longer serve as Vice Chairman of Dehao Runda. 

Meanwhile, in accordance with regulations, the Chairman serves as the company’s legal representative, meaning that Zhang Botao will now assume the role of Dehao Runda’s legal representative. 

According to his resume, Zhang Botao, born in 1980 and holding a doctoral degree, currently serves as a director at Beijing Fengyan Private Fund Management Co., Ltd., Beijing Lingrui Investment Management Co., Ltd., Beijing Lingrui Yixin Asset Management Co., Ltd., and Beijing Lingrui Jinding Investment Management Co., Ltd., as well as Executive Partner of Jiaxing Lingrui Runze Enterprise Management Partnership (Limited Partnership). Since May 2024, Zhang Botao has held various positions at Dehao Runda, including director, vice chairman, and general manager. 

As previously announced, former Chairman Ji Xuebin of Dehao Runda submitted a written resignation in September, citing work adjustments and requesting to step down from his roles as Chairman of the eighth board, director, and member of the Audit Committee and Strategy Committee, while also relinquishing his position as legal representative of Dehao Runda. Following his resignation, Ji Xuebin will no longer hold any positions within Dehao Runda or its subsidiaries.

It is worth noting that since May 2021, Ji Xuebin has served as Chairman of Dehao Runda, concurrently holding the position of general manager during that period. 

Dehao Runda’s main businesses are small kitchen appliances and LED packaging, forming a dual-core business structure that balances domestic and international markets.

In terms of performance, during the first half of 2026, Dehao Runda reported revenue of approximately RMB 299 million, down 2.86% year-on-year; net profit attributable to shareholders of the listed company was about RMB -4.59 million, up 64.80% YoY. By product category, kitchen appliance revenue reached approximately RMB 155 million, down 7.31% YoY; while LED chips and related applications generated revenue of approximately RMB 122 million, up 8.11% YoY. 

These management adjustments are expected to bring new dynamics to the two companies’ future operational strategies and resource integration, making their subsequent business developments worthy of ongoing attention.