Group 1 - The core transaction involved Tian Chuang Fashion, with a total of 500,000 shares traded on December 18, amounting to 3.63 million yuan, which represents 3.75% of the total trading volume for that day [1] - The transaction price was set at 7.26 yuan per share, reflecting a discount of 4.1% compared to the market closing price of 7.57 yuan [1][2] - The trade was executed through an institutional account, indicating a significant interest from institutional investors [2]

Group 1 - A total of 78 stocks in the A-share market experienced block trading today, with a total transaction value of 3.755 billion yuan [1] - The top three stocks by transaction value were Minsheng Bank (2.149 billion yuan), WuXi AppTec (430 million yuan), and Luxin Technology (119 million yuan) [1] - Among the stocks, 8 were traded at par, 3 at a premium, and 67 at a discount; the highest premium rates were for AVIC Optoelectronics (8.04%), Zhongke Shuguang (7.92%), and Haowei Group (2.07%) [1] Group 2 - The top buying amounts from institutional special seats were led by WuXi AppTec (251 million yuan) and Minsheng Bank (108 million yuan) [2] - The top selling amounts from institutional special seats included Jintian Titanium Industry (18.74 million yuan) and Huilong New Materials (9.97 million yuan) [2]

Core Viewpoint - Tianchuang Fashion (603608.SH) announced that as of December 17, 2025, its stock price has triggered the downward adjustment clause for the "Tianchuang Convertible Bonds" conversion price [1] Group 1 - The company's board of directors decided not to adjust the conversion price downward at this time [1] - For the next six months, from December 17, 2025, to June 16, 2026, if the stock price triggers the downward adjustment clause again, the company will also not propose a downward adjustment plan [1] - The next period for triggering the conversion price adjustment will start from June 17, 2026, and the board will decide on any proposals if the clause is triggered again [1]

Core Viewpoint - Tianchuang Fashion (603608.SH) announced that as of December 17, 2025, the company's stock price has triggered the downward adjustment clause for the "Tianchuang Convertible Bonds" conversion price [1] Group 1: Board Decision - The company's board of directors decided not to adjust the conversion price downward at this time [1] - For the next six months, from December 17, 2025, to June 16, 2026, if the stock price triggers the downward adjustment clause again, the company will also not propose a downward adjustment plan [1] - The next period for triggering the conversion price adjustment condition will start from June 17, 2026, and the board will decide on any proposals if the clause is triggered again [1]

| 证券代码：603608 | 证券简称：天创时尚 | 公告编号：临 | 2025-091 | | --- | --- | --- | --- | | 债券代码：113589 | 债券简称：天创转债 | | | 天创时尚股份有限公司 关于不向下修正"天创转债"转股价格的公告 "天创转债"转股期限为2021年1月4日至2026年6月23日。初始转股价格为12.64元/ 股，因公司2020年半年度及2020年年度利润分配引起转股价格调整，最新转股价格为 12.29元/股，具体情况详见公司披露于上海证券交易所网站的《关于"天创转债"转股 1 价格调整的提示性公告》（公告编号：2020-081）、《关于权益分派引起的"天创转债" 转股价格调整公告》（公告编号：2021-058）。 因触发回售条款，"天创转债"于2024年8月12日至2024年8月16日进行回售申报， 回售申报期内，有效申报数量为5,327,750张，面值532,775,000元。根据回售的有效申报 数量，中国证券登记结算有限责任公司上海分公司于2024年8月21日注销"天创转债" 532,775,000元，具体情况详见公司披露于上海证券交易所网站的《 ...

12月16日，天创时尚大宗交易成交100万股，成交额714万元，占当日总成交额的7.03%，成交价7.14 元，较市场收盘价7.52元折价5.05%。 | 交易日期 证券简称 | | 证券代码 | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | | | 卖出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-12-16 | 天创时尚 | 603608 | 7.14 714 | 100 | 机构专用 | 去夢量和雙寫契盟 | | Ka | ...

证券代码：603608 证券简称：天创时尚 公告编号：临 2025-090 债券代码：113589 债券简称：天创转债 天创时尚股份有限公司 关于"天创转债"预计满足转股价格向下修正条件 的提示性公告 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。 一、可转债发行上市概况 经中国证券监督管理委员会《关于核准天创时尚股份有限公司公开发行可转换公司 债券的批复》（证监许可﹝2020﹞526号）核准，公司于2020年6月24日公开发行600万 张可转换公司债券，每张面值100元，发行总额为人民币60,000万元。债券期限为自发行 之日起6年，即2020年6月24日至2026年6月23日。票面利率为：第一年0.40%、第二年0.60%、 第三年1.00%、第四年1.50%、第五年1.80%、第六年2.00%。可转债期满后五个交易日内， 公司将按债券面值的110%（含最后一期年度利息）的价格赎回未转股的可转债。 "天创转债"转股期限为2021年1月4日至2026年6月23日。初始转股价格为12.64元/ 股，因公司2020年半年度 ...

12月8日，天创时尚大宗交易成交95万股，成交额680.2万元，占当日总成交额的5.62%，成交价7.16 元，较市场收盘价7.5元折价4.53%。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( *) 买入营业部 | | | 奥出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-12-08 | 天创时尚 | 603608 | 7.16 680.2 | જ્વ | 机构专用 | 去筒量和雙寫契盟 | Ka | ...

12月5日，天创时尚大宗交易成交100万股，成交额669万元，占当日总成交额的8.92%，成交价6.69元， 较市场收盘价7.16元折价6.56%。 | 交易日期 | 证券简称 | 证券代码 | | 成交价(元) 成交金额(万元) 成交量( *) 买入营业部 | | 卖出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-12-05 | 天创时尚 | 603608 | 6.69 | 100 669 | 机构专用 | 去夢是看護留鬼園 | Ka | ...

| 交易日期 证券简称 | | 证券代码 | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | | | 卖出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-12-04 | 天创时尚 | 603608 | 1 6.97 697 | 100 | 机构专用 | 去夢是豬髮寫鬼露 | | Ka | 12月4日，天创时尚大宗交易成交100万股，成交额697万元，占当日总成交额的11.15%，成交价6.97 元，较市场收盘价7.34元折价5.04%。 ...