On June 24th, Gelunhui reported that Cecep techandecology&environment (300197.SZ) fell more than 6%, with a reported 1.24 yuan new low, and a drop of more than 15% in the last 4 days, with a total market value of 3.7 billion yuan. According to reports from the board of directors, the company's general manager, Liang Feng, submitted a written report to the board of directors in recent days, as he will no longer hold the position of general manager or any other position in the company due to work adjustments. It is reported that the company has had a continuously bad financial situation since 2019, with only a meager profit of 59 million yuan in 2020, with losses in other years, with a cumulative loss of up to 3.556 billion yuan, of which the loss in 2023 reached 1.483 billion yuan.