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Core Viewpoint - The resignation of Lai Yuwen, the president of Wanhe Electric, just over a month after being appointed to the board, raises questions about the company's governance and leadership stability [2][4][6]. Group 1: Resignation Details - Lai Yuwen resigned from his position as a non-independent director and president of Wanhe Electric due to personal reasons, and he will no longer hold any positions within the company or its subsidiaries [2][4]. - The company stated that the work related to Lai's responsibilities has been handed over in an orderly manner, and his resignation will not affect the company's normal operations [4][6]. Group 2: Background and Significance - Lai Yuwen was elected as a non-independent director on September 17, with 96.08% of the votes in favor, indicating strong shareholder support for his appointment [4][6]. - His appointment marked the first time a professional manager was introduced to the board of Wanhe Electric, seen as a significant step towards optimizing the company's governance structure [5][8]. Group 3: Company Performance - Despite challenges in the kitchen appliance industry, Wanhe Electric reported revenue growth, achieving a total operating income of 5.524 billion yuan, a year-on-year increase of 5.54%, and a net profit of 479 million yuan, up 5.57% [11]. - The company's growth has been attributed to an increase in overseas market sales, with export revenue rising over 26% and accounting for more than 40% of total revenue in the first three quarters of 2025 [11].