Group 1 - The stock of Tiandi Source increased by 5.84% on September 26, reaching a price of 3.26 CNY per share, with a trading volume of 30.57 million CNY and a turnover rate of 1.12%, resulting in a total market capitalization of 2.817 billion CNY [1] - Tiandi Source Co., Ltd. is located in Xi'an, Shaanxi Province, and was established on December 21, 1992, with its listing date on July 9, 1993. The company's main business includes real estate development and management, leasing of self-owned properties, property management, industrial investment, asset management, and domestic trade, with real estate accounting for 99.86% of its revenue [1] Group 2 - Among the top ten circulating shareholders of Tiandi Source, a fund under Southern Fund holds a significant position. The Southern CSI Real Estate ETF Initiated Link A (004642) increased its holdings by 72,100 shares in the second quarter, totaling 5.5023 million shares, which represents 0.64% of the circulating shares. The estimated floating profit today is approximately 990,400 CNY [2] - The Southern CSI Real Estate ETF Initiated Link A (004642) was established on August 24, 2017, with a current scale of 173 million CNY. Year-to-date returns are 8.06%, ranking 3618 out of 4220 in its category, while the one-year return is 22.8%, ranking 3262 out of 3824. Since its inception, it has experienced a loss of 39.78% [2]

Core Viewpoint - Tian Di Yuan's stock price has shown a slight increase of 0.64% year-to-date, but has experienced a decline of 7.62% in the last five trading days, indicating volatility in its performance [2] Group 1: Stock Performance - As of September 26, Tian Di Yuan's stock price rose by 2.27% to 3.15 CNY per share, with a trading volume of 982.20 million CNY and a turnover rate of 0.37%, resulting in a total market capitalization of 2.722 billion CNY [1] - Year-to-date, the stock has seen a 0.64% increase, while it has declined by 7.62% over the last five trading days, 5.97% over the last 20 days, and 4.55% over the last 60 days [2] Group 2: Financial Performance - For the first half of 2025, Tian Di Yuan reported a revenue of 2.461 billion CNY, reflecting a year-on-year growth of 20.69%, but the net profit attributable to shareholders was -124 million CNY, a significant decrease of 333.69% [2] - The company has cumulatively distributed 1.448 billion CNY in dividends since its A-share listing, with 103 million CNY distributed over the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Tian Di Yuan was 29,900, a decrease of 12.88% from the previous period, with an average of 28,881 circulating shares per shareholder, an increase of 14.78% [2] - Among the top ten circulating shareholders, the Southern CSI Real Estate ETF ranked as the eighth largest, holding 5.5023 million shares, which is an increase of 72,100 shares compared to the previous period [3]

Core Viewpoint - Tian Di Yuan's stock price has shown a slight increase of 0.32% year-to-date, but has experienced a decline of 8.45% in the last five trading days, indicating volatility in its performance [2]. Financial Performance - For the first half of 2025, Tian Di Yuan reported operating revenue of 2.461 billion yuan, representing a year-on-year growth of 20.69%. However, the net profit attributable to shareholders was -124 million yuan, a significant decrease of 333.69% compared to the previous year [2]. - Cumulatively, since its A-share listing, Tian Di Yuan has distributed a total of 1.448 billion yuan in dividends, with 103 million yuan distributed over the last three years [3]. Stock Market Activity - As of September 25, Tian Di Yuan's stock price was 3.14 yuan per share, with a market capitalization of 2.713 billion yuan. The stock experienced a trading volume of 8.5628 million yuan and a turnover rate of 0.31% [1]. - The stock has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on February 28, where it recorded a net buy of -9.9049 million yuan [2]. Shareholder Information - As of June 30, 2025, the number of shareholders for Tian Di Yuan was 29,900, a decrease of 12.88% from the previous period. The average circulating shares per person increased by 14.78% to 28,881 shares [2]. - Among the top ten circulating shareholders, the Southern CSI Real Estate ETF ranked as the eighth largest, holding 5.5023 million shares, an increase of 72,100 shares from the previous period [3]. Business Overview - Tian Di Yuan, established on December 21, 1992, and listed on July 9, 1993, is primarily engaged in real estate development and management, with 99.86% of its revenue derived from this sector [2]. - The company operates within the real estate development industry, specifically focusing on residential development [2].

天地源股份有限公司 2025 年第二次临时股东会会议文件 天地源股份有限公司 天地源股份有限公司 2025 年第二次临时股东会会议文件 目 录 2025 年第二次临时股东会会议文件 二〇二五年十月九日 西 安 天地源股份有限公司 2025 年第二次临时股东会会议文件 | 一、关于召开 2025 | 年第二次临时股东会的通知 2 | | --- | --- | | 二、2025 | 年第二次临时股东会会议议程 6 | | 三、2025 | 年第二次临时股东会会议须知 7 | | 四、会议议题 | | | 非累积投票议案 | | | | 关于向金融机构申请委托贷款的议案 8 | 1 天地源股份有限公司 2025 年第二次临时股东会会议文件 天地源股份有限公司 关于召开 2025 年第二次临时股东会的通知 天地源股份有限公司（以下简称公司）董事会决定于 2025 年 10 月 9 日（星期 四）下午 14 点 50 分召开 2025 年第二次临时股东会，现将相关事项通知如下： 一、召开会议的基本情况 （一）股东会类型和届次：2025 年第二次临时股东会 （二）股东会召集人：董事会 （三）投票方式：本次股东会所采用的 ...

Core Insights - The land market in Xi'an experienced a concentrated transaction day, with 12 out of 14 planned plots successfully sold, totaling 658.835 acres and generating a transaction amount of 6.109 billion yuan [1][2][16] Group 1: Land Transactions - A total of 12 plots were sold, with 11 sold at the base price and 1 at a slight premium, including 5 commercial plots totaling 148.07 acres and 7 residential/commercial plots totaling 510.765 acres [2][16] - Notable commercial land transactions include a 40.43-acre plot in Yanta District acquired by Future Real Estate Co., which will host the first Sam's Club in Northwest China [3][4][7] - Another significant transaction involved a 69.491-acre commercial plot in the Chanba International Port area, purchased by Shaanxi Renhui Real Estate Development Co. for 305.6 million yuan [7][9] Group 2: Major Developers - Major developers such as China Merchants Shekou, Tiandi Source, and Longxiang actively participated in acquiring residential plots, with China Merchants Shekou's total land acquisition amount in Xi'an exceeding 2.3 billion yuan this year [10][11] - Longxiang secured a 99.138-acre residential plot for 1.1528 billion yuan, while Tiandi Source acquired a 125.377-acre residential plot for 2.015 billion yuan [10][13] Group 3: Market Trends - The overall land market in Xi'an remains less heated compared to first-tier and strong second-tier cities, attributed to cautious developer behavior and a large supply of land [16][17] - The recent land auction results indicate a mixed sentiment, with some expected plots experiencing unexpected failures to sell, particularly in the popular Tuanjie area [16][17]

Core Viewpoint - Tian Di Yuan announced the acquisition of land use rights for a plot in Xi'an High-tech Zone for a total price of 2.015 billion yuan [1] Group 1 - The acquisition was made by Xi'an Tian Di Yuan Real Estate Development Co., Ltd., a subsidiary of Tian Di Yuan [1] - The land plot is identified as GX3-22-73 and is located in the Software New City area of Xi'an [1] - The transaction was completed through a bidding process, indicating a competitive acquisition strategy [1]

Group 1: Banking and Financial Products - Several private banks, including Suzhou Bank and Huari Bank, have launched large-denomination certificates of deposit with interest rates exceeding 2%, contrasting with the declining rates of state-owned and joint-stock banks [1] - Huari Bank introduced two products with interest rates of 2.15% for 18-month deposits and 2.35% for 2-year deposits, both requiring a minimum subscription of 200,000 yuan [1] - The high-interest products are primarily aimed at customer acquisition and enhancing retail market competitiveness, rather than being a sustainable long-term strategy [1] Group 2: Agriculture and Livestock - The Ministry of Agriculture and Rural Affairs has mandated leading pig farming companies to reduce production capacity, including cutting the number of breeding sows and controlling the weight of pigs at around 120 kg [2] - This marks the first time the National Development and Reform Commission has explicitly required a reduction in the number of breeding sows, indicating a shift in regulatory focus [2] - Financial measures are being implemented alongside production controls, such as restricting credit for expanding pig farming capacity and reducing subsidies that encourage production growth [2] Group 3: Technology and Robotics - The Ministry of Science and Technology is promoting the accelerated application of humanoid robots in sectors like automotive manufacturing, logistics, and power inspection, laying a foundation for a trillion-dollar industry [1] - Significant advancements have been made in key technologies such as multi-modal perception and brain-machine interfaces, which have already benefited patients with paralysis and blindness [1] Group 4: Pharmaceuticals - Chongqing-based Runsheng Pharmaceutical has received approval for its inhalation powder product, fluticasone propionate, marking a significant breakthrough in the high-end inhalation powder market [2] Group 5: IPO and Investment - Zijin Mining International is set to attract major investors like GIC and Millennium Management in its upcoming Hong Kong IPO, which is expected to raise over $3 billion [5] - The IPO is anticipated to be the largest globally since May, with cornerstone investors likely to subscribe to about half of the shares [5] Group 6: Real Estate and Construction - Tian Di Yuan has successfully acquired a state-owned construction land use right in Xi'an for 2.015 billion yuan [10] - Palm Holdings has won a bid for a high-standard farmland construction project in Lankao County, valued at 433 million yuan, which represents 14.12% of its projected annual revenue [9] Group 7: Corporate Financial Issues - Sunac Real Estate has been ordered to execute payments totaling over 920 million yuan due to various legal disputes, contributing to its extensive financial liabilities exceeding 45.4 billion yuan [6] - He Shun Technology has received a warning from the Zhejiang Securities Regulatory Bureau for failing to disclose government subsidies and shareholder contributions in a timely manner [7]

Group 1 - Shudao Equipment's subsidiary signed a construction contract worth 24.68 million yuan for a hydrogen fuel cell manufacturing base project [1] - Zhongliang Technology received a land acquisition compensation of 30 million yuan from the government [2] - Palm Holdings won a bid for a high-standard farmland construction project in Lankao County, with a contract value of 433 million yuan, accounting for 14.12% of the company's audited revenue for 2024 [3] Group 2 - Changchun Yidong's subsidiary received a government subsidy of 2.85 million yuan, which is 122.78% of the company's audited net profit for the last fiscal year [4] - Wuzhou Transportation successfully issued 200 million yuan in medium-term notes with an interest rate of 2.10% [5][6] - Tiandi Source's subsidiary plans to apply for a trust loan of up to 500 million yuan from related parties [8] Group 3 - Tiandi Source's subsidiary acquired a residential land use right in Xi'an for 2.015 billion yuan [9] - Opcon Vision received a medical device registration certificate for its ultrasonic nebulizer [11] - Jingjiawei announced the resignation of its vice president due to personal reasons [13] Group 4 - Fulinh Precision's subsidiary received a prepayment of 1.5 billion yuan from CATL for securing lithium iron phosphate material supply [15] - Yunzhu Technology's subsidiary received a government subsidy of 20.12 million yuan [16] - Kehua Bio's ferritin test kit received a medical device registration certificate [17] Group 5 - Jinghua Pharmaceutical's medical sodium alginate wound dressing received a medical device registration certificate [18] - Lingwei Technology established a wholly-owned subsidiary with a registered capital of 1 million yuan [19] - Sanwei Co. won a bid for concrete sleeper procurement projects worth 158 million yuan [20] Group 6 - Shanghai Pharmaceuticals' Nicardipine tablets passed the consistency evaluation for generic drugs [21] - Lushan New Materials increased its idle fund management limit to 750 million yuan [24] - Huayi Technology announced the retirement of a core technical staff member [25] Group 7 - Yingli Environment plans to use up to 300 million yuan of idle raised funds for cash management [30] - Yong'an Forestry plans to develop a national reserve forest project in Putian, Fujian, with an estimated investment of 154 million yuan [32] - Xinyuan Technology's shareholders plan to reduce their holdings by up to 3.18% of the company's shares [60]

Group 1 - Company Tian Di Yuan announced the convening of its 11th third board meeting on September 18, 2025, at the High-tech International Business Center in Xi'an [1] - The meeting reviewed documents including a proposal to apply for entrusted loans from financial institutions [1]

Tande C o. , L td . 天 地 源股 份 有 限公 司 | 证券代码：600665 | 证券简称：天地源 | 公告编号：临2025-051 | | --- | --- | --- | | 债券代码：242114 | 债券简称：24天地一 | | | 债券代码：242304 | 债券简称：25天地一 | | | 债券代码：259269 | 债券简称：25天地二 | | | 债券代码：259414 | 债券简称：25天地三 | | 天地源股份有限公司 关于向金融机构申请委托贷款暨关联交易的公告 本公司董事会及全体出席会议的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。 重要内容提示： 天地源股份有限公司（以下简称公司）下属全资子公司拟向金融机构申 请总金额不超过 5 亿元的委托贷款，其中下属全资子公司西安天地源锦程房地产 开发有限公司（以下简称锦程公司）拟向金融机构申请总金额不超过 2 亿元的委 托贷款；下属全资子公司西安佳幸房地产开发有限公司（以下简称西安佳幸）拟 向金融机构申请总金额不超过 3 亿元的委托贷款。 本次贷款资 ...