证券代码：605081 证券简称：*ST 太和 公告编号：2026-010 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 截至本公告披露日，上海太和水科技发展股份有限公司（以下简称"公司"） 持股5%以上股东何文辉先生持有公司股份11,963,918股，占公司股份数量的10.56%。 本次裁定拍卖的是公司5%以上股东何文辉先生持有的公司无限售流通股 5,169,094股，占公司总股本的4.56%。 本次司法拍卖事项不会导致公司控制权发生变化，不会对公司的正常生 产经营、公司治理产生不利影响。 本次司法拍卖事项尚在公示阶段，后续可能将涉及竞拍、缴款、法院执 行法定程序、股权变更过户等环节，结果尚存在不确定性。 本次拍卖事项竞买人应遵守《上市公司股东减持股份管理暂行办法（2025 年修订）》《上海证券交易所股票上市规则（2025年4月修订）》《上海证券交易所 上市公司自律监管指引第15号股东及董事、高级管理人员减持股份（2025年3月 修订）》第十四条及第二十二条的规定进行股票减持，本次司法拍卖股份，受让 方在受让 ...

本次被拍卖的是上海太和水科技发展股份有限公司（以下简称"公司"）5% 以上股东何文辉先生持有的公司无限售流通股5,169,094股，占公司总股本的 4.56%。 本次拍卖标的因在规定时间内无人出价已流拍。 证券代码：605081 证券简称：*ST 太和 公告编号：2026-009 上海太和水科技发展股份有限公司 关于公司 5%以上股东部分股份被司法拍卖流拍的公告 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 三、其他说明及风险提示 1、本次公司持股5%以上股东何文辉先生股份被司法拍卖的事项系上海华翀 股权投资基金合伙企业（有限合伙）与何文辉先生个人的合同纠纷诉讼所致。 2、本次司法拍卖事项不会导致公司控制权发生变化，不会对公司的正常生 产经营、公司治理产生不利影响。 3、本次被拍卖的标的后续是否再次被拍卖具有不确定性。公司将根据拍卖 进展情况，依法履行相应的信息披露义务。 4、公司相关信息均以在上海证券交易所网站（www.sse.com.cn）以及指定媒 体披露的公告为准。敬请广大投资者关注公司相关公告，理性投 ...

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 ...

Core Viewpoint - The company is facing significant financial challenges, including a risk of delisting due to potential failure to meet financial criteria in 2025, with ongoing audits to determine its financial status [1] Financial Performance - The company's stock experienced a limit-up in 2026, indicating a significant price increase, but has shown considerable volatility recently [1] - As of the end of Q3 2025, the company reported a receivable balance of 702 million yuan, with an impairment provision of 447 million yuan [1] Operational Risks - There are concerns regarding the adjustment of main business revenue and the unclear flow of other receivables, which may impact cash collection [1] - Employee advance payments amounting to 14.7021 million yuan have raised questions about their reasonableness [1]

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]

Core Viewpoint - *ST Taihe (605081.SH) is expected to report significant losses in 2025, with projected net profits indicating a challenging financial outlook for the company [1] Financial Projections - The company anticipates a total profit for 2025 ranging from -242.53 million to -202.53 million yuan [1] - The expected net profit attributable to the parent company for 2025 is projected to be between -244.00 million and -204.00 million yuan [1] - The net profit after deducting non-recurring gains and losses is estimated to be between -220.00 million and -180.00 million yuan [1] - Projected operating revenue for 2025 is expected to be between 380.00 million and 400.00 million yuan [1] - After excluding revenue from non-core business activities and income lacking commercial substance, the operating revenue is estimated to be between 377.93 million and 397.93 million yuan [1]

Core Viewpoint - *ST Taihe (605081.SH) has announced that its stock will be subject to delisting risk warning as of April 29, 2025, if its audited financial data for the fiscal year 2025 continues to meet the delisting criteria set by the Shanghai Stock Exchange [1] Financial Indicators - The company is at risk of delisting if it fails to eliminate the financial indicators that trigger the delisting warning as per the Shanghai Stock Exchange regulations [1]