证券代码：600582 证券简称：天地科技 公告编号：临 2025-016 号 天地科技股份有限公司 第七届董事会第十八次会议决议公告 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个别及连带责任。 天地科技股份有限公司（以下简称公司）第七届董事会第十八次 会议通知于 2025 年 6 月 9 日发出，会议于 2025 年 6 月 12 日以通讯 方式召开。会议应参加表决董事 9 人，实际参加表决董事 9 人。会议 符合《公司法》和《公司章程》等有关规定，合法有效。 1.修订《公司章程》 表决情况：同意 9 票、反对 0 票、弃权 0 票。 2.修订《股东大会议事规则》 表决情况：同意 9 票、反对 0 票、弃权 0 票。 3.修订《董事会议事规则》 表决情况：同意 9 票、反对 0 票、弃权 0 票。 1 公司董事会提请股东大会授权公司经理层或其授权代表办理工 商变更登记、备案等有关具体事宜，授权有效期限为自公司股东大会 审议通过之日起至本次相关工商变更登记及章程备案办理完毕之日 止。 该事项尚需提交公司股东大会审议。具体内容详见公司 ...

Core Viewpoint - The article highlights the emergence of a notable individual investor, Zhang Sufen, in the A-share market, who has made significant investments in multiple listed companies, positioning herself among the top shareholders of 15 companies as of the first quarter of 2025 [1][2][3]. Group 1: Investment Profile - Zhang Sufen holds substantial shares in various companies, with a total holding of 349.66 million shares across 15 listed companies, making her the second-largest shareholder in Electronic City and the fourth-largest in Shaanxi Guotou A [3][4]. - Her investment strategy appears to focus on low-priced stocks, with most of her holdings priced below 10 yuan, indicating a preference for undervalued assets [7][8]. - The total market value of her holdings exceeds 1.38 billion yuan, with five stocks valued over 100 million yuan each [8]. Group 2: Performance and Strategy - Zhang's investments have shown mixed results, with the highest floating profit being 26.81% from Liugang Co., while the largest loss is 13.62% from Shaanxi Construction [3][4]. - She has demonstrated a long-term investment approach, often increasing her holdings over several quarters, as seen in her continuous accumulation of shares in low-performing stocks like New Star Foundry [6][7]. - Despite her success, she has also faced significant losses, such as a 30% loss in Yibai Pharmaceutical, highlighting the risks associated with her investment choices [8][9]. Group 3: Market Impact and Perception - Zhang Sufen's investment activities have drawn attention in the market, with speculation about her potential connections to larger investment networks, suggesting that her strategies may not be typical of individual investors [7][8]. - Her approach to investing, characterized by a focus on low-priced stocks and a willingness to endure volatility, positions her as a unique figure in the A-share market, comparable to institutional investors [6][7].

Investment Rating - The investment rating for the coal mining industry is "Positive" [2] Core Viewpoints - The current phase is seen as the beginning of a new upward cycle for the coal economy, with a resonance between fundamentals and policies, making it an opportune time to invest in the coal sector [11][12] - The coal price is expected to stabilize at a new level, supported by a slowdown in coal production growth, particularly in high-cost regions like Xinjiang, and a decrease in coal imports [11][12] - The coal sector is characterized by high profitability, cash flow, return on equity (ROE) between 10-20%, and dividend yields exceeding 5%, indicating strong core asset attributes [11][12] Summary by Sections 1. Coal Price Trends - As of May 24, the market price for Qinhuangdao port thermal coal (Q5500) is 613 RMB/ton, down 5 RMB/ton week-on-week [3][30] - The price for coking coal at Jing Tang port is 1320 RMB/ton, down 30 RMB/ton week-on-week [3][32] - International thermal coal prices show a mixed trend, with Newcastle thermal coal at 68.0 USD/ton, down 1.0 USD/ton week-on-week [3][30] 2. Supply and Demand Dynamics - The utilization rate of thermal coal mines increased to 97.1%, while coking coal mine utilization decreased to 86.3% [11][12] - Daily coal consumption in coastal provinces rose by 7.10 thousand tons/day (+3.93%) and in inland provinces by 6.00 thousand tons/day (+1.93%) [11][12] - The April coal production in China was 390 million tons, reflecting a 5 million ton decrease from March, indicating a contraction in supply [11][12] 3. Investment Strategy - The report emphasizes the importance of investing in high-quality coal companies with stable operations and strong performance, such as China Shenhua, Shaanxi Coal, and others [12][13] - The coal sector is expected to maintain high performance and cash flow, with a favorable outlook for the next 3-5 years due to ongoing supply constraints [12][13] 4. Market Performance - The coal sector saw a 0.98% increase this week, outperforming the broader market, which saw a 0.18% decline [15][18] - The thermal coal segment rose by 1.62%, while the coking coal segment experienced a slight decline [15][18]

Core Points - The company announced a cash dividend distribution of 0.317 CNY per share for its A shares [1] - The profit distribution plan was approved at the annual shareholders' meeting held on April 18, 2025 [1] - The total share capital before the distribution is 4,138,588,892 shares [1] Distribution Plan - The cash dividend will be distributed to all shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, after the market closes on the registration date [1] - The distribution will be executed through the clearing system of China Securities Depository and Clearing Corporation Limited [1][2] - Shareholders who have not completed designated trading will have their dividends held by the clearing company until the trading is completed [1] Taxation Information - For individual shareholders and securities investment funds, dividends are subject to different tax treatments based on the holding period [2] - For shares held for less than one month, the tax burden is 10% of the dividend income; for shares held over one year, the dividend income is exempt from personal income tax [2] - The actual cash dividend distributed to individual shareholders is 0.317 CNY per share, inclusive of tax [2] Foreign Investors - For Qualified Foreign Institutional Investors (QFII), a 10% withholding tax applies, resulting in a net cash dividend of 0.2853 CNY per share [3] - For Hong Kong investors holding shares through the Stock Connect program, a similar 10% withholding tax applies, with the same net dividend amount [4] - Other institutional investors and corporate shareholders will receive the full cash dividend of 0.317 CNY per share without tax withholding [4]

证券代码：600582 证券简称：天地科技 公告编号：临 2025-015 号 天地科技股份有限公司2024年年度权益分派实施公告 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。 每股分配比例 A 股每股现金红利0.317元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/5/29 | － | 2025/5/30 | 2025/5/30 | 差异化分红送转： 否 一、通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 4 月 18 日的2024年年度股东大会审议通过。 二、分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本4,138,588,892股为基数，每股派发现金红利 0.317元（含税），共计派发现金红利1,3 ...

Core Insights - The "2025 Global Top 50 Construction Machinery Summit" was held in Changsha, showcasing the rise of China's construction and mining machinery industry [1] - The "2024 Global Top 50 Mining Equipment Manufacturers" list revealed that the total sales of the top 50 companies reached $79.884 billion, with 16 Chinese companies contributing $16.346 billion, accounting for 20.5% of the total [1] - China's mining equipment manufacturing sector has seen significant growth, with exports reaching $5.192 billion in 2024, a year-on-year increase of 25.6% [1] Group 1: Industry Rankings - The "2025 Top 50 Chinese Mining Equipment Manufacturers" list reported a total sales figure of 164.038 billion yuan, with leading companies including Tiandi Technology, Zhengzhou Coal Mining Machinery Group, and XCMG [2] - The top 10 companies in the "2025 Top 50 Chinese Mining Equipment Manufacturers" list reflect the industry's strong position and brand influence [2] Group 2: Specialized Manufacturers - The "2025 Top 50 Specialized Manufacturers in Mining Machinery" list showed a total sales of 79.109 billion yuan, marking a year-on-year growth of 20.8% [5] - Leading companies in this category include China Railway Construction Heavy Industry, China Railway Equipment, and Yingfeng Environment [5][6] Group 3: Future Developments - The Chinese Engineering Machinery Magazine plans to release the "2025 Global Top 50 Mining Equipment Manufacturers" list in September in Indonesia [3]

Core Viewpoint - The article discusses the importance of investor relations management and the high-quality development of TianDi Technology Co., Ltd. (天地科技) as part of the "5 15-5 19 Investor Protection Awareness Week" event, emphasizing the company's commitment to enhancing communication with investors and delivering value through its performance [1][5]. Group 1: Investor Relations Management - TianDi Technology has established a "11344" management system for investor relations, which includes one principle (equality), one system, three types of channels, four measures, and four assessment dimensions [2]. - The company emphasizes equal communication with all investors, regardless of their shareholding size, and has developed a comprehensive management process for small and medium-sized investors [2]. - The company has implemented an assessment system focusing on information disclosure quality, investor communication effectiveness, market value realization, and internal collaboration [2][3]. Group 2: Company Performance - In 2024, TianDi Technology achieved a revenue of 30.527 billion yuan, a year-on-year increase of 2%, and a net profit attributable to shareholders of 2.622 billion yuan, a growth of 11.17% [4]. - The total assets reached 57.262 billion yuan, up 7.57%, and the net assets attributable to shareholders were 24.428 billion yuan, increasing by 6.48% [4]. - The company has maintained a compound annual growth rate (CAGR) of 9.51% in revenue and 18.81% in net profit over the past five years [4]. Group 3: Dividend Policy - TianDi Technology plans to distribute a cash dividend of 3.17 yuan per 10 shares (including tax) in 2024, totaling 1.312 billion yuan, which represents 50.04% of the net profit attributable to shareholders [4]. - The total cash dividends distributed since the company's listing in 2002 have reached 6.652 billion yuan, with over 70% of the total dividends paid in the last five years [4]. - The dividend yield has increased from approximately 2% to 5.15% in recent years [4].

申万宏源证券承销保荐有限责任公司 关于 北京至创天地科技发展有限公司 要约收购 重庆万里新能源股份有限公司 之 财务顾问 二〇二五年五月 三、收购人履行公开承诺情况 根据《要约收购报告书》，至创天地出具了《关于保证上市公司独立性的承 诺函》、 《关于避免同业竞争的承诺函》、 《关于避免和规范与上市公司关联交易的 承诺函》，对保持上市公司独立性、避免同业竞争、避免和规范与上市公司关联 交易作出了承诺。同时，收购人实际控制人莫天全也对避免同业竞争、避免和规 范与上市公司关联交易作出了承诺。 申万宏源证券承销保荐有限责任公司（以下简称"申万宏源承销保荐"或"本 财务顾问"）接受北京至创天地科技发展有限公司（以下简称"至创天地"或"收 购人"）的委托，担任其要约收购重庆万里新能源股份有限公司（以下简称"万 里股份"或"上市公司"）的财务顾问。根据《上市公司收购管理办法》规定， 本次要约收购的持续督导期从公告要约收购报告书至要约收购完成后的 12 个月 止（即 2024 年 8 月 2 日至 2025 年 9 月 13 日）。 规规定，本财务顾问就 2025 年 1 月 1 日至 2025 年 3 月 31 日（以下简 ...

Investment Rating - The investment rating for the coal mining industry is "Positive" [2] Core Viewpoints - The current phase is seen as the beginning of a new upward cycle in the coal economy, with a resonance between fundamentals and policies, making it an opportune time to accumulate coal sector investments [12][13] - The coal price is expected to remain weak in May due to seasonal demand fluctuations, but there is a bottom support for prices, and a gradual recovery is anticipated as the peak season approaches [3][12] - The underlying investment logic of coal supply shortages remains unchanged, with a balanced short-term supply and demand but a medium to long-term gap still present [12][13] Summary by Sections Coal Price Tracking - As of May 10, the market price for Qinhuangdao port thermal coal (Q5500) is 635 CNY/ton, down 17 CNY/ton week-on-week [30] - The international thermal coal price for Newcastle (NEWC5500) is 69.8 USD/ton, down 0.5 USD/ton week-on-week [30] - The price for coking coal at Jing Tang port is 1380 CNY/ton, down 20 CNY/ton week-on-week [32] Supply and Demand Tracking - The capacity utilization rate for thermal coal mines is 96.4%, an increase of 2.5 percentage points week-on-week [47] - The daily coal consumption in inland provinces has increased by 33.80 thousand tons/day, a rise of 12.17% week-on-week [12] - The daily coal consumption in coastal provinces has decreased by 12.40 thousand tons/day, a decline of 6.67% week-on-week [12] Inventory Situation - As of May 9, coal inventory at Qinhuangdao port has increased to 753 thousand tons, up 8.0% week-on-week [5] - The inventory of coking coal at production sites has risen to 390.43 thousand tons, an increase of 8.9% week-on-week [5] Company Performance - The coal sector has shown a 1.47% increase this week, underperforming the broader market [15] - Key companies to focus on include China Shenhua, Shaanxi Coal, and China Coal Energy, which are noted for stable operations and solid performance [13]

Core Viewpoint - The company, Tiandi Technology, has released its quarterly report, ensuring the accuracy and completeness of the financial information presented, and confirming that the report has not been audited [1][2]. Financial Data Summary - The financial statements for the first quarter of 2025 are unaudited, with the company confirming that there were no profits from mergers under common control in the current and previous periods, both recorded as 0 yuan [3][5]. - The report includes a consolidated balance sheet and a consolidated cash flow statement for the period from January to March 2025, also unaudited [5]. Shareholder Information - The report does not provide any updates on the number of shareholders or changes in the top ten shareholders' holdings [4]. Other Important Information - The company has not identified any significant non-recurring gains or losses during the reporting period [3][5].