On the evening of November 25, Swancor Advanced Materials Co.,Ltd. (688585.SH), a "20x bull stock" on the STAR Market, announced that its fourth board of directors held its first meeting on November 25, 2025, electing Peng Zhihui ("Zhi Hui Jun") as chairman. His term will last until the end of the fourth board's tenure.
The leadership change follows a shift in the company's controlling stake. In late September, Zhiyuan Hengyue completed the legal acquisition of Swancor Advanced Materials, now holding 236 million shares, or 58.6232% of the total equity.
Public records show that Zhiyuan Robotics, founded in 2023, was co-established by Deng Taihua, former Huawei vice president, and Peng Zhihui, a former member of Huawei's "Genius Youth" program. Known by fans as "Zhi Hui Jun" or the "Wild Iron Man," Peng is also the co-founder, president, and CTO of Zhiyuan Robotics, a "unicorn" in the humanoid robotics sector.
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