证券代码：605081 证券简称：*ST 太和 公告编号：2026-008 上海太和水科技发展股份有限公司 关于股票交易的风险提示公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 上海太和水科技发展股份有限公司（以下简称"公司"）股价于2026年2月26 日涨停。公司股票价格近期波动较大，敬请广大投资者注意投资风险和交易风 险。 一、公司股票存在被终止上市的风险 公司股票已于 2025年 4月 29日被实施退市风险警示，如公司 2025年度经审计 的相关财务数据仍触及《上海证券交易所股票上市规则》规定的财务类退市指标 或存在其他不能消除退市风险警示的情况，公司股票将终止上市，敬请广大投资 者注意投资风险。 公司于 2026年 1月 30日披露了《上海太和水科技发展股份有限公司 2025年度 业绩预亏暨风险提示公告》（公告编号：2026-005）；截至目前，公司审计工作尚 在进行中，最终的审计意见尚未形成。年审会计师于 2026年 1月 30日出具了《关 于对上海太和水科技发展股份有限公司 2025 年度因财务指标涉及退市风 ...

太和水公告称，公司股价于 2026 年出现涨停，近期波动较大。公司股票已于 2025 年被实施退市风险警 示，若 2025 年度经审计财务数据仍触及退市指标，将终止上市，目前审计工作尚在进行。此外，公司 存在主营业务收入调整、其他应收款备用金流向不明及回款不确定、主营业务回款等风险。截至 2025 年第三季度末，员工备用金 1470.21 万元支付合理性存疑，应收款余额 7.02 亿元，已计提 4.47 亿元减 值。 ...

上海太和水科技发展股份有限公司 关于公司股票可能被终止上市的第二次风险提示公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司存在终止上市风险：本期业绩预告的数据均未经审计。公司股票已于 2025 年 4 月 29 日被实施退市风险警示，如公司 2025 年度经审计的相关财务 数据仍触及《上海证券交易所股票上市规则》规定的财务类退市指标或存在 其他不能消除退市风险警示的情况，公司股票将终止上市，敬请广大投资者 注意投资风险。 公司于 2026 年 1 月 30 日披露了《上海太和水科技发展股份有限公司 2025 年度业绩预亏暨风险提示公告》（公告编号：2026-005）；截至目前，公司 审计工作尚在进行中，最终的审计意见尚未形成。年审会计师于 2026 年 1 月 30 日出具了《关于对上海太和水科技发展股份有限公司 2025 年度因财 务指标涉及退市风险警示有关情形预审计情况的专项说明》，"截至本专 项说明出具之日止，根据我们已经实施的审计程序和已获得的审计证据， 我们尚不能确定太和水业绩预告中 202 ...

Group 1 - The company *ST Taihe (605081.SH) received a regulatory work letter regarding its performance forecast on February 6 [1] - *ST Taihe was listed on the Shanghai Stock Exchange on February 9, 2021, with an issuance of 19.53 million shares at a price of 43.30 yuan per share [1] - The highest intraday price on the first trading day was 62.35 yuan, but the stock is currently in a state of decline [1] Group 2 - The total amount raised from the initial public offering (IPO) was 845.649 million yuan, with a net amount of 778.1094 million yuan [1] - The funds raised are intended for operational capital for engineering construction, headquarters operation center, and information technology projects [1] - The total issuance costs for the IPO amounted to 67.5396 million yuan, including underwriting and sponsorship fees of 52.3725 million yuan [2] Group 3 - On May 26, 2022, the company announced a cash dividend of 1 yuan per share and a capital reserve increase of 0.45 shares per share, resulting in a total distribution of 78.1014 million yuan in cash and an increase of 35.1456 million shares [2] - The total share capital after the distribution increased to 113.247072 million shares [2] - The stock name changed from "Taihe Water" to "*ST Taihe" on April 29, 2025 [3]

Market Performance - The environmental governance sector increased by 1.66% on February 3, with Sains leading the gains [1] - The Shanghai Composite Index closed at 4067.74, up 1.29%, while the Shenzhen Component Index closed at 14127.1, up 2.19% [1] Top Gainers in Environmental Governance Sector - The top-performing stocks included: - Sains (688480) with a closing price of 81.99, up 13.25% and a trading volume of 39,500 shares, totaling 313 million yuan [1] - Zhonglan Environmental (300854) at 23.62, up 7.46% with 63,300 shares traded, amounting to 148 million yuan [1] - Shanghai Xianba (603200) at 81.85, up 6.28% with 70,000 shares traded, totaling 560 million yuan [1] Decliners in Environmental Governance Sector - Notable decliners included: - Xuelang Environment (300385) at 11.34, down 1.99% with a trading volume of 250,700 shares, totaling 278 million yuan [2] - Guozhong Water (600187) at 2.12, down 1.85% with 973,700 shares traded, amounting to 206 million yuan [2] - Delinhai (688069) at 23.98, down 1.07% with 20,800 shares traded, totaling 50.4 million yuan [2] Capital Flow in Environmental Governance Sector - The environmental governance sector saw a net inflow of 130 million yuan from institutional investors, while retail investors experienced a net outflow of 54.53 million yuan [2] - The main stocks with significant capital inflow included: - Fuzhijie Technology (688335) with a net inflow of 52.43 million yuan, accounting for 13.68% of the total [3] - Huicheng Environmental (300779) with a net inflow of 36.99 million yuan, representing 7.20% [3] - Gaon Environment (603588) with a net inflow of 35.59 million yuan, making up 7.46% [3]

Core Insights - The article highlights the significant number of companies facing delisting risks due to poor financial performance, with only 24% of ST stocks showing positive results [1][2] - A total of 178 ST stocks were analyzed, with 118 continuing to incur losses, indicating a concerning trend in the market [2][3] Group 1: Financial Performance of ST Stocks - Among the 178 ST stocks, 118 reported continued losses, while only 33 managed to turn a profit, and 12 reported first-time losses [2] - The largest projected loss comes from ST Chenming, with an estimated loss of 8.2 billion to 8.8 billion yuan, marking its third consecutive year of losses totaling 16.9 billion yuan [2][3] - ST Keli Da expects a net loss of 160 million to 200 million yuan for 2025, a drastic decline of 1964.13% to 2430.16% compared to the previous year [3] Group 2: Delisting Risks - Several companies, including ST Yanshi and ST Jinglun, have triggered financial delisting indicators, with ST Yanshi expected to have an operating income below 300 million yuan for 2025 [4] - ST Jinglun anticipates a negative net profit for 2025, with its stock facing potential delisting risks due to financial performance [4][5] - Audit firms have indicated that some ST stocks may receive non-standard audit opinions, further increasing delisting risks [4] Group 3: Recovery Efforts - Some ST stocks are attempting to recover through restructuring and asset sales, with ST Jinke projecting a turnaround with a net profit of 30 billion to 35 billion yuan for 2025 after completing a restructuring plan [6] - ST Songfa expects a net profit of 2.4 billion to 2.7 billion yuan for 2025, following a significant asset restructuring that shifted its business focus [6][7] - ST Weir has also seen positive impacts on its performance through strategic asset acquisitions and divestitures, projecting a net profit of 19 million to 22 million yuan [7]

格隆汇1月29日丨*ST太和（维权）(605081.SH)公布，经财务部门初步测算，预计2025年年度实现利润 总额-24,253.00万元到-20,253.00万元，预计2025年年度归属于母公司所有者的净利润为-24,400.00万元 到-20,400.00万元，预计2025年年度实现归属于母公司所有者的扣除非经常性损益后的净利润 为-22,000.00万元到-18,000.00万元。 预计2025年年度营业收入为38,000.00万元到40,000.00万元，扣除与主营业务无关的业务收入和不具备商 业实质的收入后的营业收入为37,792.75万元到39,792.75万元。 ...

格隆汇1月29日丨*ST太和（维权）(605081.SH)公布，公司股票已于2025年4月29日被实施退市风险警 示，如公司2025年度经审计的相关财务数据仍触及《上海证券交易所股票上市规则》规定的财务类退市 指标或存在其他不能消除退市风险警示的情况，公司股票将终止上市，敬请广大投资者注意投资风险。 ...

格隆汇1月29日丨*ST太和(605081.SH)公布，公司股票已于2025年4月29日被实施退市风险警示，如公司 2025年度经审计的相关财务数据仍触及《上海证券交易所股票上市规则》规定的财务类退市指标或存在 其他不能消除退市风险警示的情况，公司股票将终止上市，敬请广大投资者注意投资风险。 ...

关于对上海太和水科技发展股份有 限公司2025年度因财务指标涉及退 市风险 警示有关情形预审计情况的 专项说明 关于对上海太和水科技发展股份有限公司 2025年度因财务指标涉及退市风险警示 有关情形预审计情况的专项 说明 尤振专审字[2026]第0019号 尤振专审字[2026]第0019号 尤尼泰振青会计师事务所 中国注册会计师: (项目合伙人) (特殊普通合伙) 中国注册会计师: 上海太和水科技发展股份有限公司全体股东： 我们接受委托，对上海太和水科技发展股份有限公司(以下简称太和水公司)2025年度 财务报表进行审计。截至本专项说明出具之日止，我们的审计工作尚在进行中，最终的审计意见 尚未形成。 根据《上海证券交易所股票上市规则》及《上海证券交易所上市公 司自律监管指南第1 号——公告格式》的相关规定，太和水公司编制了2025年度业绩预告。编制和对外披露业绩 预告，并确保其真实性、准确性和完整性是太和水公司的责任。 太和水公司因2024年度经审计的利润总额、净利润为负,且扣除与主营业务无关的业务 收入和不具备商业实质的收入后的营业收入低于3亿元而被实施退市风险警示。根据太和水 公司作出的2025年度的业 ...