Toread announced on August 21 that He Huajie resigned as president for personal reasons, and also stepped down as the company's legal representative, after which he will no longer hold any position at the company. The company's board meeting agreed to authorize Chairman Li Ming to act as legal representative and president until a new candidate is appointed. In the first half of 2026, Toread achieved revenue of 929 million yuan and net profit attributable to the parent of 51.25 million yuan.
Beijing Toread Outdoor ProductPresident resignation and leadership transition may create uncertainty, but financials show stable performance.
