Core Viewpoint - Tianye Innovation Co., Ltd. faces significant internal control deficiencies and potential delisting risk after only two years of listing on the Beijing Stock Exchange, with its general manager under investigation for suspected insider trading [1][10] Company Overview - Tianye Innovation specializes in tropical fruit and vegetable raw material products, including raw juice, frozen fruits and vegetables, and fresh fruits, with raw juice as its core product [1] - The company has experienced rapid growth in the past but has seen a significant decline in profitability since its listing in 2023 [1][8] Financial Performance - In 2023, Tianye reported revenue of 460 million yuan, a year-on-year decrease of 2.33%, and a net profit of 33.38 million yuan, down 37.69% [8] - For 2024, revenue increased to 494 million yuan, a growth of 7.34%, but net profit plummeted to 9.65 million yuan, a decline of 71.07% [9] Internal Control Issues - The company received a negative audit opinion from Zhongxinghua Accounting Firm regarding its 2024 financial report, indicating serious internal control deficiencies [2][4] - A self-assessment revealed significant internal control issues, leading to adjustments in financial statements, including a reduction in main business income by 1.35 million yuan and an increase in main business costs by 1.64 million yuan [3][5] Competitive Landscape - The new tea beverage industry is becoming increasingly competitive, with many brands building their own supply chains, putting pressure on Tianye's performance [8] - Major competitors in the juice processing industry include Guotou Zhonglu and Andeli, which pose strong competition to Tianye [8] Management and Governance - The company has initiated internal control rectification measures and hired external consultants to improve its internal control systems [7] - The general manager, Shan Dan, is under investigation for suspected insider trading, which has raised concerns about corporate governance [10]

证券代码：832023 证券简称：田野股份 公告编号：2025-046 田野创新股份有限公司 内部控制整改进展暨股票可能被实施退市风险警示的风险提示公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带法律 责任。 重要提示： 根据《北京证券交易所股票上市规则》10.4.2 条第（六）项，若"首个会计年度 财务报告内部控制被出具无法表示意见或否定意见的审计报告，或者未按照规定披露 财务报告内部控制审计报告"，田野创新股份有限公司（以下简称"公司"）股票可能 被北京证券交易所实施退市风险警示。 一、可能被实施退市风险警示的原因 2025 年 4 月 28 日，公司召开第五届董事会第二十七次会议，审议通过了《关于 内部控制评价报告的议案》，详见公司于 2025 年 4 月 29 日在北交所网站 （http://www.bse.cn）披露的《田野创新股份有限公司内部控制评价报告》（公告编号： 2025-015）、《中兴华会计师事务所（特殊普通合伙）关于田野创新股份有限公司内部 控制审计报告》（公告编号：2025-016）。 ...

Financial Performance - In 2024, Tianye Co., Ltd. reported operating revenue of 493.55 million, a year-on-year increase of 7.34% compared to 2023 [2] - The net profit attributable to shareholders was 9.65 million, representing a significant decline of 71.07% year-on-year [2] - The net profit after deducting non-recurring gains and losses was 6.01 million, down 71.54% from the previous year [2] - The basic earnings per share were 0.0295, a decrease of 71.62% compared to 0.1050 in 2023 [2] Profitability Metrics - The gross profit margin for 2024 was 20.52%, a decrease of 1.16% from the previous year [3] - The net profit margin was 1.96%, down 5.30% year-on-year [3] Expense Analysis - Total operating expenses for 2024 were 69.99 million, an increase of 2.36 million compared to the previous year [3] - The expense ratio was 14.18%, a decrease of 0.53% from the previous year [3] - Sales expenses increased by 71.19%, while management expenses rose by 5.17% [3] - Research and development expenses decreased by 40.20%, and financial expenses surged by 157.78% [3] Executive Compensation - In 2024, the total compensation for General Manager Dan Shan was 1.69 million, surpassing the Chairman Yao Jiuzhi's compensation of 900,100 by 87.3% [4] Company Background - Tianye Innovation Co., Ltd. is located in Hepu County, Beihai City, Guangxi Zhuang Autonomous Region, and was established on January 23, 2007 [5] - The company specializes in the processing of tropical fruits and vegetables and was listed on February 2, 2023 [5]

证券代码：832023 证券简称：田野股份 公告编号：2025-043 田野创新股份有限公司 2024 年年度股东会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带法律 责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 5 月 28 日 2.会议召开地点：湖北田野农谷生物科技有限公司（湖北省荆门市屈家岭管理区 屈家岭大道 195 号）会议室。 3.会议召开方式：现场投票和网络投票相结合方式 4.会议召集人：董事会 5.会议主持人：董事长姚玖志先生 6.召开情况合法合规的说明： 本次股东会会议召开符合有关法律、行政法规、部门规章、规范性文件和《公司 章程》的规定。 （二）会议出席情况 出席和授权出席本次股东会的股东共 9 人，持有表决权的股份总数 81,947,409 股， 占公司有表决权股份总数的 25.04%。 其中通过网络投票参与本次股东会的股东共 5 人，持有表决权的股份总数 466,249 股，占公司有表决权股份总数的 0.14%。 （三）公司董事、监事、高级管理人 ...

北京天驰君泰律师事务所 关于 田野创新股份有限公司 2024 年年度股东会 的 法律意见书 LAW FIRM 天驰君泰律师事务所 二零二五年五月 北京天驰君泰律师事务所 关于田野创新股份有限公司 2024年年度股东会 的法律意见书 致:田野创新股份有限公司 北京天驰君泰律师事务所(以下简称"本所")接受田野创新股份有限公司 (以下简称"公司")的委托,指派本所刘力铱律师、贺宁律师（以下简称"本 所律师")对公司2024年年度股东会(以下简称"本次股东会")召开的合法 性进行见证,并依法出具本法律意见书。 本法律意见书系依据《中华人民共和国公司法》(以下简称"《公司法》")、 《中华人民共和国证券法》(以下简称"《证券法》")《上市公司股东会规则》 以及《田野创新股份有限公司章程》（以下简称"《公司章程》"）出具。 为出具本法律意见书,本所律师参与了本次股东会,并依照中国现行有效的 法律、法规、规章及规范性文件的要求和规定,对公司提供的与本次股东会有关 的文件、资料进行了审查和验证,保证本法律意见书所认定的事实真实、准确、 完整,所发表的结论性意见合法、准确,不存在虚假记载、误导性陈述或者重大 遗漏,并承担相应 ...

证券代码：832023 证券简称：田野股份 公告编号：2025-045 田野创新股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带法律 责任。 □其他 二、 投资者关系活动情况 活动时间：2025 年 5 月 27 日 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 活动地点：公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） 采用网络 远程的方式召开业绩说明会 参会单位及人员：通过网络方式参加公司 2024 年度业绩说明会的投资者 上市公司接待人员： 公司董事长：姚玖志先生 公司董事、总经理：单丹女士 公司副总经理、董事会秘书：张辉先生 公司副总经理、财务负责人：张雄斌先生 公司保荐代表人：张彦忠先生、薛羽先生 三、 投资者关系活动主要内容 本次业绩说明会通过年报视频解读的方式对公司 2024 年度经营情况进行了介绍。 同时，公司在业绩说明会上与投资者进行了互动交流，并就投资者普遍关注 ...

New Stock Issuance - New stock issuance for Jiao Da Tie Fa at an issuance price of 8.81[1] - ST Li Fang and United Chemical have recent announcements dated May 14 and May 23 respectively[1] - Multiple companies including Zhongzhou Special Materials and San Sheng Guo Jian have announcements on May 23[1] Market Alerts - Significant abnormal fluctuations reported for Nanjing Port and Li Jun Co. on May 23[1] - ST Er Ya and ST Jin Hong have recent announcements regarding market conditions[1] - Companies like Hainan Development and ST Haihua have reported abnormal trading activities[1] Trading Updates - Trading updates for various companies including ST Ya Zhen and ST Jian Gang on May 27[1] - Multiple companies have links to their announcements for further details on trading activities[1] - The report includes a comprehensive list of companies with their respective announcement dates and links for investor reference[1]

Core Viewpoint - Tianye Co., Ltd. (832023) disclosed a non-standard audit opinion for its 2024 annual report, indicating potential financial fraud and risks of delisting [1][10][14] Financial Performance Summary - In the 2024 annual performance report, the net profit attributable to the parent company was revised to 9.65 million yuan, a decrease of 1.89 million yuan or 66.22% from the previous estimate [2] - The company's operating income for 2024 was 493.55 million yuan, a slight increase of 7.34% compared to 2023, but the gross profit margin fell to 20.52% from 21.68% [9] - The net profit attributable to shareholders dropped by 71.07% compared to 2023, indicating a significant decline in profitability [9] Audit Findings - The audit report revealed several issues, including uncollectible sales revenue of 16.02 million yuan and inflated procurement costs of 8.55 million yuan, raising doubts about the authenticity of financial statements [10][11][12] - The internal control audit received a negative opinion, highlighting major deficiencies in the company's internal controls, which could lead to delisting risks [14][17] Internal Control Issues - The internal control report identified that management bypassed internal controls, leading to failures in key control points [14] - Specific deficiencies included improper procurement practices, such as inflated purchase amounts and lack of proper documentation for transactions [15][16] - The company has not corrected prior accounting errors, further complicating the reliability of its financial reporting [17]

国海证券股份有限公司关于田野创新股份有限公 司 2024 年度持续督导跟踪报告 国海证券股份有限公司(以下简称"国海证券"或"保荐机构")作为田野创新 股份有限公司(以下简称"田野股份"或"公司")向不特定合格投资者公开发行股 票并在北京证券交易所上市的保荐机构,根据中国证监会《证券发行上市保荐业 务管理办法》《北京证券交易所股票上市规则》等有关法律法规、规范性文件等 的规定,负责田野股份的持续督导工作,并出具2024年度持续督导跟踪报告。 一、持续督导工作概述 2024 年度,保荐机构及保荐代表人按照《证券发行上市保荐业务管理办 法》《北京证券交易所股票上市规则》等有关法律法规、规范性文件等的规定开 展持续督导工作,具体包括: 1、督导田野股份严格按照《证券法》《公司法》等有关法律法规的要求, 履行信息披露义务,审阅公司信息披露文件及向中国证监会、北京证券交易所提 交的其他文件; 2、督导田野股份建立健全《关联交易管理制度》《对外担保管理制度》 《信息披露管理制度》等内部规章制度,并监督其有效执行; 3、督导田野股份按照中国证监会、北京证券交易所相关法律法规存放和 管理本次募集资金,定期获取公司募集资金专户 ...

证券代码：832023 证券简称：田野股份 公告编号：2025-036 田野创新股份有限公司 第五届董事会第二十八次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带法律 责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 5 月 15 日 2.会议召开地点：公司会议室 3.会议召开方式：现场及通讯方式 4.发出董事会会议通知的时间和方式：2025 年 5 月 12 日以电话或邮件方式发出 5.会议主持人：董事长姚玖志先生 6.会议列席人员：监事及高级管理人员 7.召开情况合法、合规、合章程性说明： 会议的召集、召开、议案审议程序等符合法律、行政法规、部门规章、规范性文 件和《公司章程》的规定。 （二）会议出席情况 会议应出席董事 5 人，出席和授权出席董事 5 人。 董事黄海晓因工作以通讯方式参与表决。 二、议案审议情况 （一）审议通过《关于公司拟申请银行授信的议案》 1.议案内容： 为满足公司生产经营的需要，保证公司资金充足的流动性，公司拟向桂林银行股 份有限公司北海分 ...