Core Viewpoint - Taihe Technology (300801.SZ) announced a share reduction plan by its board member and general manager, Yao Ya, due to personal financial needs, involving a maximum reduction of 606,000 shares, approximately 0.278% of the total share capital [1][3]. Group 1: Share Reduction Plan - Yao Ya directly holds 2.4262 million shares, accounting for 1.111% of the total share capital, and plans to reduce holdings within three months after the announcement [3]. - The shares to be reduced come from pre-IPO holdings and shares obtained through the 2021 restricted stock incentive plan [3]. - The reduction will occur through centralized bidding or block trading, with the price determined by market conditions at the time of sale [3]. Group 2: Company Overview - Taihe Technology, established in 2006, specializes in the production and sales of water treatment agents and related products, including scale inhibitors and corrosion inhibitors, serving industries such as power, metallurgy, and chemicals [5]. - The company is one of the few large-scale manufacturers of water treatment agents in China, with a comprehensive product lineup [5]. Group 3: Financial Performance - In the first half of 2025, Taihe Technology reported revenue of 1.392 billion yuan, a year-on-year increase of 27.68% [6]. - The net profit attributable to shareholders was 56.3682 million yuan, up 3.9% year-on-year, while the net profit after deducting non-recurring items decreased by 11.46% to 39.3137 million yuan [6].

Core Points - Taihe Technology's stock closed at 16.15 yuan, down 2.24%, with a rolling PE ratio of 32.10 times and a total market value of 3.528 billion yuan [1] - The average PE ratio in the chemical products industry is 45.49 times, with a median of 36.14 times, placing Taihe Technology at the 95th position in the industry ranking [1] - The company experienced a net outflow of 10.4543 million yuan in principal funds on March 24, with a total outflow of 28.8762 million yuan over the past five days [1] Company Overview - Taihe Technology specializes in the research, production, and sales of water treatment agents, including scale inhibitors, corrosion inhibitors, biocides, chelating agents, dispersants, reverse osmosis agents, and detergents [1] - The company has received numerous accolades, including being recognized as a national intellectual property advantage enterprise and a leader in the new materials and new energy industry in Shandong [1] Financial Performance - For the third quarter of 2024, the company reported an operating income of 1.659 billion yuan, a year-on-year increase of 1.25%, and a net profit of 83.7491 million yuan, a year-on-year decrease of 27.61% [2] - The sales gross margin for the company stands at 14.04% [2]