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China's leading quantum technology company QuantumCTek announced on Thursday evening (December 18, 2025) that its Chairman, Lu Pin, has tragically passed away.

The announcement stated that Lu Pin had served as the company's Chairman since May 2025, and also held positions as the Chair of the Strategy and Investment Committee and a member of the Remuneration and Appraisal Committee. As of the date of the announcement, Lu Pin did not hold any shares in the company and had no outstanding share lock-up commitments. His passing will not reduce the number of board members below the statutory minimum, nor will it affect the normal operation of the company's board of directors. The company's management team continues to perform its duties normally, and the company will promptly complete the process of electing a new director and chairman as soon as possible.

According to publicly available information, QuantumCTek is controlled by China Telecom Quantum Group, a wholly-owned subsidiary of China Telecom, with its actual controller being the State-owned Assets Supervision and Administration Commission of the State Council. The company was founded in 2009 and is China's leading listed company in quantum technology. Lu Pin also served as Chairman of the Board and Party Secretary of China Telecom Quantum Information Technology Group Co., Ltd., and was a key promoter of the industrialization of quantum technology in China.

According to a police notification released by the local public security bureau, a 46-year-old man surnamed Lu was found unconscious in an office of a company at the intersection of Wangjiang West Road and Kongquetai Road. Paramedics confirmed at the scene that the man had no vital signs. After investigation by the public security authorities, the case has been ruled out.