Market Overview - The electronic chemicals sector experienced a decline of 0.3% on October 28, with Siquan New Materials leading the drop [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Stock Performance - Notable gainers in the electronic chemicals sector included: - Huate Gas (688268) with a closing price of 68.52, up 5.42% on a trading volume of 44,800 shares and a turnover of 297 million [1] - Jingrui Electric Materials (300655) closed at 18.25, up 4.23% with a trading volume of 3.09 million shares and a turnover of 56.791 million [1] - Conversely, Siquan New Materials (301489) saw a significant decline of 16.98%, closing at 203.30 with a trading volume of 138,900 shares and a turnover of 298.5 million [2] Capital Flow - The electronic chemicals sector experienced a net outflow of 1.446 billion in main funds, while retail investors saw a net inflow of 1.253 billion [2] - The capital flow for specific stocks showed: - Dinglong Co. (300054) had a main fund net inflow of 37.85 million, but retail investors had a net outflow of 22.91 million [3] - Huate Gas (688268) experienced a main fund net inflow of 8.2143 million, with retail investors seeing a net outflow of 8.6272 million [3]

Group 1 - The core point of the news is that Tiantong Co., Ltd. experienced a 5.01% drop in stock price, closing at 10.23 yuan per share, with a trading volume of 464 million yuan and a turnover rate of 3.64%, resulting in a total market capitalization of 12.618 billion yuan [1] - Tiantong Co., Ltd. is located in Haining Economic Development Zone, Zhejiang Province, and was established on February 10, 1999. It was listed on January 18, 2001. The company's main business includes the research, manufacturing, and sales of electronic materials (including magnetic materials, sapphire, piezoelectric crystals, etc.) and high-end equipment [1] - The revenue composition of Tiantong Co., Ltd. is as follows: 86.57% from electronic materials sales, 9.38% from specialized equipment manufacturing and installation services, and 4.05% from material sales and others [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under Shenwan Hongyuan holds a significant position in Tiantong Co., Ltd. The Shenwan Hongyuan Quantitative Small Cap Stock (LOF) A (163110) held 394,100 shares in the second quarter, accounting for 0.43% of the fund's net value, making it the sixth-largest heavy stock [2] - The estimated floating loss for the fund today is approximately 212,800 yuan [2] - The Shenwan Hongyuan Quantitative Small Cap Stock (LOF) A (163110) was established on June 16, 2011, with a current scale of 493 million yuan. Year-to-date returns are 27.35%, ranking 2105 out of 4218 in its category; the one-year return is 31.27%, ranking 1481 out of 3878; and since inception, the return is 305.04% [2]

Core Viewpoint - TianTong Co., Ltd. (600330.SH) reported a decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The total operating revenue for the first three quarters reached 2.459 billion yuan, representing a year-on-year decrease of 3.96% [1] - The net profit attributable to shareholders of the parent company was 57.3176 million yuan, down 53.85% year-on-year [1] - The basic earnings per share stood at 0.047 yuan [1]

Group 1 - Company Tian Tong Co., Ltd. reported a revenue of approximately 2.459 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 3.96% [1] - The net profit attributable to shareholders of the listed company was approximately 57.32 million yuan, a year-on-year decrease of 53.85% [1] - Basic earnings per share were 0.047 yuan, down 53.47% year-on-year [1] Group 2 - As of the report date, Tian Tong Co., Ltd. had a market capitalization of 13.3 billion yuan [2]

Financial Performance - The company's operating revenue for the third quarter was ¥875,479,497.41, a decrease of 11.80% compared to the same period last year[5]. - Total profit for the quarter was ¥14,663,188.76, down 68.70% year-on-year[5]. - Net profit attributable to shareholders was ¥4,710,281.84, reflecting a significant decline of 89.61% compared to the previous year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,790,116.19, a decrease of 95.67% year-on-year[10]. - Basic earnings per share for the quarter were ¥0.004, down 89.19% from the same period last year[6]. - Net profit for the first three quarters of 2025 was ¥58,058,504.90, a decline of 54.38% from ¥127,108,897.92 in 2024[20]. - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.047, compared to ¥0.101 in the same period of 2024[21]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥47,498,179.06, a decline of 17.64% compared to the previous year[6]. - Cash flow from operating activities for the first three quarters of 2025 was negative at -¥47,498,179.06, compared to -¥40,374,521.27 in 2024[23]. - Investment activities generated a net cash flow of -¥659,597,374.67 in the first three quarters of 2025, compared to -¥778,407,287.26 in 2024[23]. - Financing activities generated a net cash flow of ¥108,792,396.22 in the first three quarters of 2025, down from ¥248,671,024.41 in 2024[23]. - Cash inflow from operating activities for the first three quarters of 2025 was approximately $1.80 billion, a decrease of 15.2% compared to $2.12 billion in the same period of 2024[30]. - The net cash flow from financing activities was negative at approximately $64.54 million, compared to a positive cash flow of $35.08 million in the same period of 2024[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥11,610,604,960.32, a slight decrease of 0.29% from the end of the previous year[6]. - Current assets totaled RMB 5,532,990,646.19, down from RMB 5,912,383,213.59 in the previous year, indicating a decrease of approximately 6.4%[16]. - Total liabilities were RMB 3,553,443,086.57, a minor decrease from RMB 3,576,210,614.84, indicating a reduction of approximately 0.6%[18]. - The company’s total liabilities decreased to CNY 1,054,441,243.19 from CNY 1,091,437,123.13, reflecting a reduction of 3.4%[25]. Shareholder Information - Shareholders' equity attributable to shareholders was ¥8,018,971,662.17, an increase of 0.49% compared to the previous year[6]. - The total number of ordinary shareholders at the end of the reporting period was 128,082[11]. - The company repurchased 16,583,620 shares, accounting for 1.34% of the total share capital as of September 30, 2025[14]. - Total equity attributable to shareholders increased to RMB 8,018,971,662.17 from RMB 7,980,044,369.70, reflecting a growth of approximately 0.5%[18]. Operational Challenges - The company experienced a significant impact on profits due to delays in orders in the specialized equipment manufacturing and installation sector[9]. Comprehensive Income - Other comprehensive income after tax for the first three quarters of 2025 was ¥10,712,879.42, compared to -¥28,616,937.73 in 2024[21]. - The company reported a significant increase in other comprehensive income, with a net amount of CNY 10,692,634.38 for the first three quarters of 2025, compared to a loss of CNY 28,642,000.29 in the same period of 2024[28]. Investment and R&D - The company reported a significant increase in long-term investments, with long-term equity investments rising to RMB 295,479,233.85 from RMB 292,590,524.86[16]. - Research and development expenses for the first three quarters of 2025 were CNY 53,893,636.95, down from CNY 63,732,858.53 in the same period of 2024, indicating a reduction of 15.5%[27]. Accounting Standards - The company did not apply new accounting standards for the year 2025, maintaining consistency in financial reporting[32].

Core Insights - On October 23, Tiantong Co., Ltd. executed a block trade of 300,000 shares, amounting to 3.129 million yuan, which represented 0.56% of the total trading volume for the day [1][2] - The transaction price was 10.43 yuan per share, reflecting a discount of 0.67% compared to the market closing price of 10.50 yuan [1][2] Summary by Categories Trading Activity - The block trade involved 300,000 shares of Tiantong Co., Ltd. [1] - The total transaction value was 3.129 million yuan [1] - The trade accounted for 0.56% of the total trading volume on that day [1] Pricing Details - The executed price for the shares was 10.43 yuan [1] - This price was 0.67% lower than the market closing price of 10.50 yuan [1]

Market Overview - The electronic chemicals sector experienced a decline of 0.94% on October 22, with Guanghua Technology leading the drop [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - Notable gainers in the electronic chemicals sector included: - Siquan New Materials (301489) with a closing price of 217.20, up 3.24% [1] - Tianyan Technology (688603) with a closing price of 72.07, up 2.85% [1] - Tiantong Co., Ltd. (600330) with a closing price of 10.66, up 2.21% [1] - Conversely, Guanghua Technology (002741) saw a significant decline of 4.32%, closing at 20.37 [2] - Other notable decliners included: - Lier Technology (688683) down 3.67% [2] - Glinda (603931) down 3.08% [2] Capital Flow - The electronic chemicals sector saw a net outflow of 117 million yuan from institutional investors, while retail investors contributed a net inflow of 12.7 million yuan [2] - The detailed capital flow for key stocks included: - Tiantong Co., Ltd. (600330) with a net inflow of 69.31 million yuan from institutional investors [3] - Siquan New Materials (301489) with a net inflow of 69.25 million yuan [3] - Zhongjuxin (688549) with a net inflow of 41.99 million yuan [3]

证券代码：600330 证券简称：天通股份 公告编号：2025-054 天通控股股份有限公司（以下简称"公司"）将于2025年10月28日发布公司 2025年第三季度报告，为便于广大投资者更全面深入地了解公司2025年第三季度 经营成果、财务状况，公司计划于2025年10月30日 （星期四） 11:00-12:00举 行2025年第三季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 天通控股股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 会议召开时间：2025年10月30日 （星期四） 11:00-12:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于2025年10月23日 （星期四） 至10月29日 （星期三）16:00前 登录上证路演中心网站首页点击"提问预征集"栏目或通过 ...

Group 1 - The company, Tiantong Co., Ltd. (600330.SH), clarified on the investor interaction platform that it does not manufacture thin-film lithium niobate electro-optic modulation chips and related equipment [1]

Core Viewpoint - The company has developed key core technologies for the preparation of lithium niobate crystal materials, which are essential for thin-film lithium niobate modulators used in 1.6T optical modules [1] Group 1 - The company produces lithium niobate single crystal materials, which serve as upstream key raw materials for thin-film lithium niobate devices [1] - The application of these devices is specifically in 1.6T optical modules [1]