洋河股份半个多月内再现高层变动，董事长张联东辞职

Core Viewpoint - Jiangsu Yanghe Brewery Co., Ltd. announced the resignation of Chairman Zhang Liandong due to work adjustments, marking another high-level personnel change within the company in a short period [1][8] Group 1: Leadership Changes - Zhang Liandong has resigned from his positions as Chairman, Director, and various committee roles, and will not hold any other positions within the company or its subsidiaries after his resignation [1] - The company has not yet disclosed a new chairman and will complete the necessary procedures for board member elections promptly [1] - The current Party Secretary is Gu Yu, and the Vice Party Secretary, Vice Chairman, and President is Zhong Yu [3][5] Group 2: Company Performance and Strategy - During Zhang Liandong's tenure, he implemented several reforms, including the "Dual Famous Liquor Strategy" and the establishment of a multi-brand matrix covering various price points [7] - The company reported a revenue increase of over 20% to 25.4 billion yuan in 2021, with net profit exceeding 10 billion yuan in 2023 [7] - However, the company faced a revenue decline of 12.83% to 28.876 billion yuan in 2024, with net profit dropping over 30% to 6.673 billion yuan [7][8] Group 3: Industry Context - The liquor industry is experiencing a deep adjustment period, with Yanghe Brewery ranking fourth in revenue among major liquor manufacturers, and fifth in net profit [7][8] - Zhang Liandong acknowledged the need for new methods and paths for development, citing management as a significant issue during a recent shareholders' meeting [8]