The passing of Chairman Richard Lau is a significant event for Deswell Industries, but the company has taken steps to ensure a smooth transition by appointing Chin Pang Li as the new Chairman and Ben Yiu Sing Poon as interim Director. The company's operations will not be affected, and the Lau family has no plans to dispose of their shares. This news is relevant and important for investors, but the impact on the stock price is expected to be neutral in the short term.