*ST太和新董秘何雨霏“零董秘经验”！靠证券事务履历接棒，前任仅履职4个月

Core Viewpoint - The appointment of He Yufei as the new secretary of the board at *ST Taihe is seen as a necessary adjustment in the company's governance structure amid ongoing management instability and declining market confidence [1][4]. Management Changes - He Yufei, born in 1988, has a background in capital markets but lacks experience as a board secretary, marking another significant change in the company's core management this year [1][6]. - Since 2024, *ST Taihe has experienced frequent executive turnover, including three chairmen since June 2023, and the previous secretary of the board, Guo Zhuoming, served only four months before resigning [5][8]. - The company is under pressure to stabilize its management team and restore external expectations due to its declining performance and market trust [4][6]. Financial Performance - For the first half of 2025, *ST Taihe reported a revenue of 0.33 billion yuan, a significant decline of 56.02% year-on-year, with a total profit loss of 0.56 billion yuan, down 182.79% [9]. - The net profit attributable to shareholders was a loss of 0.57 billion yuan, representing a 185.89% decrease compared to the previous year [9]. - The company's net assets decreased by 28.83% to approximately 917.49 million yuan, indicating ongoing financial strain [9]. Market Reaction - As of August 27, the company's stock price closed at 13.72 yuan per share, with a year-to-date increase of 30.92%, driven more by market sentiment than by fundamental improvements [10]. - Despite the stock price increase, the ongoing management turmoil and declining performance raise concerns about the company's long-term investment value [10].