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[Traffic Control Technology: Chairman Gao Chunhai was detained and resigned] On October 30, Traffic Control Technology (688015.SH) announced that the company’s chairman Gao Chunhai was detained due to personal reasons. The company's board of directors received a written resignation report from Gao Chunhai, who applied to resign from his positions as chairman, director, etc., and continued to serve as chief scientist after his resignation. The company has elected Vice Chairman Deng Aiqun to act as chairman and legal representative, and production and operation are in order.
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