（於開曼群島註冊成立之有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 （股份代號：826） Tiangong International Company Limited 天 工 國 際 有 限 公 司 * * 僅供識別 茲載列江蘇天工科技股份有限公司（「天工股份」）（本公司之附屬公司）於北京証券 交易所網站刊登日期為二零二五年八月二十五日的「第四屆董事會第十二次會議決議公 告」，僅供參閱。 承董事會命 主席 朱小坤 证券代码:920068 证券简称:天工股份 香港，二零二五年八月二十五日 公告编号: 2025-057 於本公告日期，本公司董事為： 執行董事：朱小坤、朱澤峰、吳鎖軍及蔣光清 獨立非執行董事：李卓然、王雪松及秦珂 海 外 監 管 公 告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 (一) 会议召开情况 1.会议召开时间:2025年8月25日 2.会议召开地点:公司会议室 3.会议召开方式:现场与 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Tiangong International Company Limited 天 工 國 際 有 限 公 司 * （於開曼群島註冊成立之有限公司） （股份代號：826） 海 外 監 管 公 告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 茲載列江蘇天工科技股份有限公司（「天工股份」）（本公司之附屬公司）於北京証券 交易所網站刊登日期為二零二五年八月二十五日的「2025 年半年度報告摘要」，僅供參 閱。 承董事會命 主席 朱小坤 香港，二零二五年八月二十五日 於本公告日期，本公司董事為： 執行董事：朱小坤、朱澤峰、吳鎖軍及蔣光清 獨立非執行董事：李卓然、王雪松及秦珂 半年度报告摘要 2025 - 第一节 重要提示 公司负责人蒋荣军、主管会计工作负责人朱晶晶及会计机构负责人(会计主管人员)魏露青保证半 年度报告中财务报告的真实、准确、完整。 1.3 公司全体董事出席了审议本次 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份 內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Tiangong International Company Limited 天工國際有限公司* （於開曼群島註冊成立之有限公司） （股份代號：826） 江 蘇 天 工 科 技股 份有 限 公 司 2025 年半年度報告摘 要 一、重要提示 1 1.1 本半年度報告摘要來自天工國際有限公司（"本公司"）的 67.63%附屬公司江蘇天工 科技股份有限公司（"天工股份"）於本公告日期刊發的半年度報告（"半年度報告"）。 天工股份的股份於北京證券交易所掛牌上市。投資者欲瞭解詳細內容，應當仔細閱讀 同時刊載於北京證券交易所指定資訊披露平臺（www.bse.cn）的半年度報告全文。 1.2 天工股份董事會及其董事、監事會及其監事、高級管理人員保證半年度報告所載資料 不存在任何虛假記載、誤導性陳述或者重大遺漏，並對其內容的真實性、準確性和完 整性承擔個別及連帶責任。 1.3 天工股份全體董事出席了審議本次半年度報告 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Tiangong International Company Limited 天 工 國 際 有 限 公 司 * （於開曼群島註冊成立之有限公司） （股份代號：826） 海 外 監 管 公 告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 茲載列江蘇天工科技股份有限公司（「天工股份」）（本公司之附屬公司）於北京証券 交易所網站刊登日期為二零二五年八月二十五日的「2025 年半年度報告」，僅供參閱。 承董事會命 主席 朱小坤 香港，二零二五年八月二十五日 於本公告日期，本公司董事為： 執行董事：朱小坤、朱澤峰、吳鎖軍及蔣光清 獨立非執行董事：李卓然、王雪松及秦珂 * 僅供識別 Ti 天工股份 920068 江苏天工科技股份有限公司 Jiangsu Tiangong Technology Co., Ltd. 半年度报告 -2025- 1 公司半年度大事记 2025 年 5 月 ...

Company Overview - Tian Gong International, located in Danyang, Jiangsu Province, is a well-known manufacturer of high-speed steel, tool steel, and cutting tools, established in 1981 [3] - The company employs over 3,500 people and is recognized as a national key high-tech enterprise and one of China's top 500 private manufacturing enterprises [3] - Tian Gong is the first company in China to achieve large-scale production of powder metallurgy tool steel materials and has a strong global presence in the production of high-speed tool steel and tool steel products [3] Financial Performance - As of December 31, 2024, Tian Gong International reported total revenue of 4.832 billion yuan, a year-on-year decrease of 6.42% [1] - The net profit attributable to shareholders was 359 million yuan, down 3.09% year-on-year [1] - The company's gross profit margin stood at 20.35%, with a debt-to-asset ratio of 43.9% [1] Stock Performance - On August 25, the Hang Seng Index rose by 1.94%, closing at 25,829.91 points, while Tian Gong International's stock price increased by 14.96% to 2.92 HKD per share [1] - The trading volume for Tian Gong was 172 million shares, with a turnover of 484 million HKD and a price fluctuation of 12.99% [1] - Over the past month, Tian Gong's stock has gained 19.81%, and year-to-date, it has increased by 37.1%, outperforming the Hang Seng Index by 26.32% [1] Industry Positioning - The average price-to-earnings (P/E) ratio for the general metals and minerals industry is -3.8 times, with a median of -0.18 times [2] - Tian Gong's P/E ratio is 17.87 times, ranking 23rd in the industry, indicating a relatively higher valuation compared to peers such as Aide New Energy (2.55 times) and Huagang United (2.84 times) [2] Research and Development - The company emphasizes a combination of production, learning, and research, collaborating with various research institutions and universities to enhance its R&D capabilities [3] - Tian Gong has established several research centers and has been recognized for its innovative products, including high-speed tool steel and powder metallurgy materials, which are included in China's key development materials list [3]

Core Viewpoint - Tian Gong International (00826) experienced a significant stock price increase of over 14%, reaching a price of 2.88 HKD with a trading volume of 276 million HKD as of the report time [1]. Group 1: Company Developments - Tian Gong International is set to hold a board meeting today (August 25) to consider and approve its interim performance [1]. - The company announced that its subsidiary, Jiangsu Tian Gong Technology Co., Ltd. (Tian Gong Shares), signed a joint venture agreement on August 22, 2025, with Tian De Investment (Nantong) Co., Ltd., Long Hai Ming, and Nantong Xie Hui Investment Co., Ltd. to establish Jiangsu Tian Gong Titanium Crystal New Materials Co., Ltd. [1]. - The registered capital of the joint venture is 100 million RMB, with Tian Gong Shares contributing 60 million RMB for a 60% stake, and the business registration has been completed [1]. Group 2: Industry Focus - The joint venture will focus on the powder new materials sector, including additive manufacturing and 3D printing materials, which are at the forefront of metal material preparation technology [1]. - The downstream applications of the joint venture cover markets such as aerospace and medical devices, indicating a strategic entry into new business areas for Tian Gong Shares [1].

Core Viewpoint - Tian Gong International (00826) experienced a significant stock price increase of over 14%, currently trading at 2.88 HKD with a transaction volume of 276 million HKD, following the announcement of a board meeting to consider mid-term performance and a joint venture agreement in the new materials sector [1]. Group 1: Company Developments - Tian Gong International plans to hold a board meeting on August 25 to consider and approve its mid-term performance [1]. - The company announced a joint venture agreement signed on August 22, 2025, with Tian De Investment, Long Hai Ming, and Nantong Xie Hui Investment to establish Jiangsu Tian Gong Titanium Crystal New Materials Co., Ltd [1]. - The registered capital of the joint venture is 100 million CNY, with Tian Gong Technology contributing 60 million CNY for a 60% stake, and the business registration has been completed [1]. Group 2: Industry Focus - The joint venture will focus on the powder new materials sector, including additive manufacturing and 3D printing materials, which are at the forefront of metal material preparation technology [1]. - The downstream applications of the joint venture will cover markets such as aerospace and medical devices, indicating a strategic entry into new business areas for Tian Gong Technology [1].

Core Viewpoint - Tian Gong International (00826) is experiencing a significant stock price increase, attributed to the upcoming board meeting to discuss mid-term performance and the establishment of a joint venture in advanced materials [1] Group 1: Stock Performance - Tian Gong International's stock rose over 14% in the morning session, currently up 13.39% at HKD 2.88, with a trading volume of HKD 276 million [1] Group 2: Corporate Developments - The company plans to hold a board meeting on August 25 to consider and approve its mid-term performance [1] - Tian Gong International's subsidiary, Jiangsu Tian Gong Technology Co., Ltd., signed a joint venture agreement on August 22, 2025, with Tian De Investment (Nantong) Co., Ltd., Long Hai Ming, and Nantong Xie Hui Investment Co., Ltd. to establish Jiangsu Tian Gong Titanium Crystal New Materials Co., Ltd. [1] - The registered capital of the joint venture is set at RMB 100 million, with Tian Gong Technology contributing RMB 60 million for a 60% stake, and the business registration has been completed [1] Group 3: Business Focus - The joint venture will focus on the powder new materials sector, including additive manufacturing and 3D printing materials, which are at the forefront of metal material preparation technology [1] - The downstream applications of the joint venture will cover markets such as aerospace and medical devices, indicating a strategic move into new business areas for Tian Gong Technology [1]

Core Viewpoint - Tian工 International's subsidiary, Jiangsu Tian工 Technology Co., Ltd., has officially entered into a comprehensive strategic cooperation with Jiangsu Pinde New Materials Co., Ltd. to enhance its capabilities in metal powder materials [1][2]. Group 1: Strategic Partnership - The partnership marks the establishment of Jiangsu Tian工 Titanium Crystal New Materials Co., Ltd. with a registered capital of 100 million yuan, focusing on the research, production, and sales of titanium alloy powder, copper alloy powder, and high-temperature alloy powder [1]. - Key figures from both companies attended the signing ceremony, indicating strong leadership commitment to this collaboration [1]. Group 2: Product Focus and Applications - Tian工 Titanium Crystal will concentrate on core metal powder materials, targeting diverse application scenarios [2]. - Titanium alloy powder is noted for its high specific strength, biocompatibility, and corrosion resistance, making it suitable for consumer electronics, medical devices, aerospace, and lightweight applications [2]. - High-temperature alloy powder is recognized as a core material for aerospace components due to its excellent high-temperature resistance [2]. - Copper alloy powder is valued for its high conductivity and thermal management properties, widely used in liquid cooling and other thermal management products [2]. Group 3: Industry Positioning and Future Potential - The strategic cooperation aims to integrate industry resources, leveraging Tian工's full industry chain advantages to ensure stable and reliable supply of titanium alloy powder [2]. - The collaboration will utilize Dr. Long Haiming's plasma atomization powder-making technology to enhance product performance and create a leading demonstration of integrated production lines for titanium alloy powder in China [2]. - This partnership expands Tian工 International's footprint in additive manufacturing and strengthens its position in the high-end materials sector, with a comprehensive product range that includes tool steel powder, titanium alloy powder, high-temperature alloy powder, and copper alloy powder [2]. - The company is poised to exhibit strong growth potential in the evolving fields of laser cladding, 3D printing, and injection molding related to metal powders [2].

Core Viewpoint - Tian工 International's subsidiary, Jiangsu Tian工 Technology Co., Ltd., has officially entered into a comprehensive strategic cooperation with Jiangsu Pinde New Materials Co., Ltd. to enhance its capabilities in metal powder materials [1] Group 1: Strategic Cooperation - The strategic partnership was marked by the establishment of Jiangsu Tian工 Titanium Crystal New Materials Co., Ltd., with a registered capital of 100 million yuan, focusing on the R&D, production, and sales of titanium alloy powder, copper alloy powder, and high-temperature alloy powder [1] - Key figures from both companies attended the signing ceremony, indicating strong leadership commitment to this collaboration [1] Group 2: Focus Areas and Applications - Tian工 Titanium Crystal will concentrate on core metal powder materials, targeting diverse application scenarios [2] - Titanium alloy powder is noted for its high specific strength, biocompatibility, and corrosion resistance, making it suitable for consumer electronics, medical devices, aerospace, and lightweight applications [2] - High-temperature alloy powder is recognized as a core material for aerospace components due to its excellent high-temperature resistance [2] - Copper alloy powder is valued for its high conductivity and thermal management properties, widely used in liquid cooling and other thermal management products [2] Group 3: Industry Positioning and Future Potential - The strategic cooperation aims to integrate industry advantages, leveraging Tian工's full industry chain to ensure stable and reliable supply of titanium alloy powder [2] - The collaboration will utilize Dr. Long Haiming's plasma atomization powdering technology to enhance product performance and create a leading demonstration of integrated titanium alloy powder production lines in China [2] - This partnership expands Tian工 International's footprint in additive manufacturing and strengthens its position in the high-end materials sector, with a comprehensive range of powder metallurgy products [2] - The company is poised to exhibit strong growth potential in the evolving fields of laser cladding, 3D printing, and injection molding for metal powders [2]