Lankang Technology: Core technical personnel Shan Gang passed away due to illness; it will not have a significant impact on R&D and operations

Lianqi Technology’s core technical personnel, Shan Gang, has passed away due to illness.

On March 4th, Lianqi Technology (688008.SH), a leading memory interface chip company, issued an announcement regarding the death of a core technical staff member. The announcement stated that Shan Gang, a key technical personnel, recently passed away unexpectedly due to illness.

Shan Gang joined Lianqi Technology in 2005 and has served as the head of the Market Application Technology Department since December 2015. He is recognized as a core technical member of the company. Lianqi Technology expressed that Shan Gang had been with the company for over twenty years, working diligently and contributing significantly to the company’s development. The company deeply appreciates his efforts and contributions, mourns his passing, and extends sincere condolences to his family.

Regarding the impact of his passing on the company, Lianqi Technology stated in the announcement that Shan Gang’s death will not have a significant effect on the company’s R&D and operations. As a technology innovation enterprise, the company has always adhered to innovation-driven development, placing great importance on building a core technical team and cultivating talent pipelines. As of December 31, 2025, the company had 583 R&D technical personnel, accounting for approximately 74% of the total staff. Currently, the company’s R&D work and daily operations are proceeding in an orderly manner. The existing R&D team has the capacity to continue developing core technologies, providing stable support for future technological innovation and business growth.

Lianqi Technology stated that the company has a stable R&D technical team, with a sound R&D system and sufficient talent reserves, capable of ongoing core technology development. The company will continue to strengthen team building, increase R&D investment, enhance the training and recruitment of key talents, and continuously improve its technological innovation capabilities.

According to official information, Lianqi Technology was founded in 2004 and is an internationally leading designer of data processing and interconnect chips. The company is dedicated to providing high-performance, low-power chip solutions for cloud computing and data centers. Currently, the company has two main product lines: interconnect chips and the JinDai® server platform. As one of the first companies listed on the STAR Market, Lianqi Technology was listed on the Shanghai Stock Exchange in July 2019. The company is headquartered in Shanghai, with branches in Kunshan, Beijing, Xi’an, Macau, and the United States, South Korea, and other locations.

On the evening of January 16th, Lianqi Technology announced a preliminary performance forecast, estimating that the net profit attributable to the parent company for 2025 will be between 2.15 billion and 2.35 billion yuan, a year-on-year increase of 52.29% to 66.46%. The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between 1.92 billion and 2.12 billion yuan, an increase of 53.81% to 69.83% compared to the previous year.

Regarding the main reasons for the expected performance growth, Lianqi Technology stated in the announcement that “benefiting from the AI industry trend, industry demand is strong, and the shipment volume of interconnect chips has increased significantly, driving the company’s operating performance in 2025 to achieve substantial growth compared to the previous year.”

(Source: The Paper)