Group 1 - Tian Tong Co., Ltd. experienced a decline of 5.07% on November 4, with a stock price of 9.74 CNY per share, a trading volume of 534 million CNY, a turnover rate of 4.36%, and a total market capitalization of 12.014 billion CNY [1] - The company, established on February 10, 1999, and listed on January 18, 2001, is located in Haining Economic Development Zone, Zhejiang Province. Its 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 Tian Tong 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 - Among the top ten circulating shareholders of Tian Tong Co., Ltd., a fund under Southern Fund ranks first. The Southern CSI 1000 ETF (512100) reduced its holdings by 113,700 shares in the third quarter, holding a total of 11.2785 million shares, which accounts for 0.91% of the circulating shares [2] - The estimated floating loss for the Southern CSI 1000 ETF today is approximately 5.8648 million CNY. The fund was established on September 29, 2016, with a current scale of 76.63 billion CNY [2] - Year-to-date, the Southern CSI 1000 ETF has achieved a return of 28.02%, ranking 2029 out of 4216 in its category. Over the past year, it has returned 28.69%, ranking 1809 out of 3896, and since its inception, it has returned 13.29% [2]

Core Points - Tian Tong Co., Ltd. announced that it did not repurchase any shares as of October 2025 [2] Group 1 - The company released an announcement on the evening of November 3 [2] - The announcement specifically states the status of share repurchase as of October 2025 [2]

证券代码：600330 证券简称：天通股份 公告编号：2025-055 天通控股股份有限公司 关于股份回购进展公告 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： 二、回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，公司在回购股份期间，应当在每个月的前 3 个交 易日内披露截至上月末的回购进展情况。现将公司回购股份进展情况公告如下： 2025 年 10 月，公司未回购股份。截至 2025 年 10 月 31 日，公司已累计回购 股份 7 万股，占公司总股本的比例为 0.0057%，购买的最高价为 6.95 元/股、最低 价为 6.93 元/股，支付的金额为人民币 485,400 元（不含交易费用）。 上述回购符合相关法律法规的规定及公司披露的回购股份方案。 三、其他事项 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等相关规定，在回购期限内根据市场情况择机做出 回购决策并予以实施，同时根 ...

Core Viewpoint - Tiantong Co., Ltd. is a leading enterprise in the electronic materials and high-end equipment sector in China, with a comprehensive industry chain advantage [1] Group 1: Business Overview - Tiantong Co., Ltd. was established on February 10, 1999, and listed on the Shanghai Stock Exchange on January 18, 2001 [1] - The company's main business includes electronic materials (such as magnetic materials, sapphire, and piezoelectric crystals) and high-end equipment (including specialized equipment for crystal materials, powder materials, and semiconductor displays) [1] - The company operates in the electronic chemicals sector and is involved in various concept sectors including flexible electronics, military electronics, robotics, nuclear fusion, superconductivity, and nuclear power [1] Group 2: Financial Performance - For Q3 2025, Tiantong Co., Ltd. reported revenue of 2.459 billion yuan, ranking 5th among 35 companies in the industry [2] - The industry leader, Xilong Science, reported revenue of 5.324 billion yuan, while the average revenue in the industry was 1.399 billion yuan [2] - The net profit for the same period was 58.0585 million yuan, ranking 26th in the industry, with the industry leader, Anji Technology, reporting a net profit of 608 million yuan [2] Group 3: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 30.61%, which is higher than the industry average of 28.64% [3] - The gross profit margin for the same period was 19.82%, lower than the industry average of 31.60% [3] Group 4: Executive Compensation - The chairman, Zheng Xiaobin, received a salary of 993,400 yuan in 2024, a decrease of 6,600 yuan from 2023 [4] - The president, Pan Zhengqiang, received a salary of 731,900 yuan in 2024, an increase of 31,900 yuan from 2023 [4] Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 43.58% to 128,100 [5] - The average number of circulating A-shares held per shareholder decreased by 30.35% to 9,630.04 [5] Group 6: Market Outlook - Huatai Securities maintains a "buy" rating for Tiantong Co., Ltd., projecting EPS of 0.22, 0.26, and 0.27 yuan for 2025 to 2027, respectively [6] - The company is experiencing steady growth in sales and gross profit from electronic surface mount products and materials, with these two segments accounting for 89.94% of total gross profit [6] - The company is actively advancing the application of piezoelectric crystal materials in 5G communication and optical communication upgrades [6]

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]