证券代码：603725 证券简称：天安新材 公告编号：2025-041 广东天安新材料股份有限公司 关于 2025 年半年度业绩说明会召开情况的公告 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。 广东天安新材料股份有限公司（以下简称"公司"）于 2025 年 8 月 18 日 15: 00-16:00 在上海证券交易所上证路演中心（网址：http://roadshow.sseinfo.c om/）以网络互动方式召开"天安新材 2025 年半年度业绩说明会"。关于本次说 明会的召开事项，公司已于 2025 年 8 月 9 日在上海证券交易所网站（www.sse. com.cn）披露了《天安新材关于召开 2025 年半年度业绩说明会的公告》（公告编 号：2025-034）。现将说明会召开情况公告如下： 一、本次说明会召开情况 2025 年 8 月 18 日，公司董事长、总经理吴启超先生，独立董事罗琴女士， 副总经理、财务总监刘巧云女士，董事、副总经理、董事会秘书曾艳华女士出席 了本次业绩说明会。公司与投资者进行了互动交流和沟通， ...

Core Viewpoint - Tianan New Materials (603725) reported a revenue of 1.444 billion yuan for the first half of 2025, a year-on-year increase of 3.97%, and a net profit attributable to shareholders of 62.169 million yuan, up 16.59% year-on-year [1] Financial Performance - Total revenue for Q2 2025 was 863 million yuan, a slight increase of 0.1% year-on-year [1] - Q2 net profit attributable to shareholders reached 46.997 million yuan, reflecting a year-on-year growth of 14.47% [1] - Gross margin improved to 23.54%, up 7.1% year-on-year, while net margin increased to 4.84%, up 5.83% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 186 million yuan, accounting for 12.92% of revenue, an increase of 1.71% year-on-year [1] - Earnings per share rose to 0.21 yuan, a 16.38% increase year-on-year [1] Key Financial Metrics - Cash flow per share decreased to 0.27 yuan, down 23.34% year-on-year [1] - The company’s return on invested capital (ROIC) was 8.63% last year, indicating average capital returns [3] - The company has experienced cyclical performance, with a historical median ROIC of 9.74% [4] Business Model and Strategy - The company relies on R&D and marketing to drive performance, with a focus on developing high-quality, environmentally friendly products [6] - The company is positioned as a "solution partner" rather than just a material supplier, enhancing customer collaboration [7] - In the building ceramics sector, the company is implementing a dual-track strategy of "ceramics + home furnishing" to optimize brand marketing and regional channel development [8] Product Development - The company launched over 60 new products across nine series during the spring product launch event [8] - The focus is on continuous product innovation and technology upgrades to meet changing consumer demands [8] Industry Positioning - The company is capitalizing on the rapid growth of the new energy vehicle market and the rise of domestic brands, aiming to expand its market presence [7] - The company has established a comprehensive supply chain that integrates design, construction, and material supply, enhancing operational efficiency [10][11]

中证报中证网讯(王珞)8月14日晚，天安新材（603725）发布2025年半年度报告。报告显示，2025年上 半年，公司营业收入14.44亿元，同比增长3.97%；归母净利润6216.9万元，同比增长16.59%，在行业承 压期展现强劲韧性。 公司核心业务表现抢眼，三大产品线协同发力。建陶产品稳量提质，通过深化渠道拓展、品牌平台化管 理及供应链管控升级，销量超2030万方，同比增长6%，毛利率同比提升1.42个百分点；汽饰材料加速 增长，依托技术积淀与客户黏性，营收同比增长8000万元，增幅达36%；防火板材盈利跃升，通过降本 增效与整合协同，营收增长23.33%，毛利率达33.18%创历史新高，同比提升8.82个百分点。 ...

Core Viewpoint - The company, Guangdong Tianan New Materials Co., Ltd., reported a revenue of 1.444 billion yuan for the first half of 2025, marking a year-on-year increase of 3.97%, and a net profit attributable to shareholders of 62.169 million yuan, up 16.59% year-on-year, driven by cost control and enhanced operational efficiency [1] Group 1: Business Performance - The automotive interior decorative materials segment achieved a revenue of 306 million yuan, reflecting a significant year-on-year growth of 35.96%, supported by increased demand from the rising penetration of new energy vehicles and the emergence of domestic brands [1] - The overall gross margin for the company reached 23.54%, indicating effective management strategies despite market pressures [1] Group 2: Building Fireproof Decorative Panels - The subsidiary, Ruixin Decoration Materials, successfully transitioned management, leading to improved operational quality with a revenue increase of 23.33% year-on-year in the building fireproof decorative panels segment, and a gross margin of 33.18%, up 8.82 percentage points from the previous year [2] Group 3: Innovation and New Ventures - The company is actively exploring new opportunities in robotics and the application of new materials in artificial intelligence, leveraging its expertise in skin-like decorative materials to develop electronic skin technologies [3] - Collaborations with domestic research institutions and leading sensor and robotics manufacturers are ongoing to explore the development paths of electronic skin technology, although the company is still in the research phase without any products impacting current performance [3]

Core Insights - Tianan New Materials (603725.SH) reported a total revenue of 1.444 billion yuan for the first half of 2025, marking an increase of 55.06 million yuan or 3.97% year-on-year, achieving five consecutive years of growth [1] - The net profit attributable to shareholders reached 62.169 million yuan, an increase of 8.848 million yuan or 16.59% year-on-year, also achieving three consecutive years of growth [1] - The company generated a net cash inflow from operating activities of 83.254 million yuan [1] Financial Performance - The latest asset-liability ratio stands at 67.55%, a decrease of 0.37 percentage points from the previous quarter and a decrease of 2.43 percentage points from the same period last year [3] - The latest gross profit margin is 23.54%, an increase of 1.56 percentage points from the previous quarter and the same period last year [3] - The latest return on equity (ROE) is 7.85%, an increase of 0.36 percentage points year-on-year [3] - The diluted earnings per share (EPS) is 0.21 yuan, an increase of 0.03 yuan or 16.38% year-on-year, achieving three consecutive years of growth [3] Operational Efficiency - The total asset turnover ratio is 0.50 times, an increase of 0.01 times year-on-year, achieving five consecutive years of growth [4] - The inventory turnover ratio is 2.05 times [4] Shareholder Structure - The number of shareholders is 16,800, with the top ten shareholders holding 163 million shares, accounting for 53.46% of the total share capital [4] - The top shareholders include Wu Qichao (34.9%), Shen Yaoliang (5.71%), and Sun Yongci (3.21%) among others [4]

Core Viewpoint - Tianan New Materials focuses on the research, design, production, and sales of building ceramics, automotive interior decorative materials, home decoration materials, and building fireproof decorative panels, along with integrated delivery services [1] Summary by Category Management Compensation - In 2024, the total management compensation of the company decreased to 6.0666 million yuan, a reduction of 22.7% compared to the previous year [1] - Individual compensation details reveal that Director Chen Xianwei topped the executive pay list with a pre-tax salary of 1.7481 million yuan, which is a decline of 29.2% from 2.4704 million yuan in 2023 [1] - Notably, Wu Qichao, who holds both the Chairman and General Manager positions, received only 614,400 yuan in salary from the company in 2024 [1]

Group 1 - The company has announced the appointment of Tianjian Accounting Firm as its new auditor for the 2025 fiscal year, replacing Lixin Accounting Firm, which had provided audit services for 12 consecutive years [5][17][20] - The decision to change auditors was made to ensure the independence and objectivity of the audit process, in compliance with relevant regulations [6][17] - The board of directors unanimously approved the change in auditor during a meeting held on August 14, 2025 [20][28] Group 2 - The company reported no significant changes in its operational status during the reporting period, and there were no major events that impacted its business operations [3][4] - The company has disclosed its half-year report for 2025, which includes key financial data and operational results [25][26] - The company has proposed an increase in the expected daily related transactions for 2025, which is deemed necessary for normal business operations [67][70] Group 3 - The company has entered into guarantee contracts with banks to support its subsidiaries' loan applications, with a total guarantee amounting to RMB 5,000 million for Tianan Polymer and RMB 5,280 million for Shiwang Yingpai [97][98][101] - The guarantees are considered necessary for the subsidiaries' operational needs and are within the approved limits set by the board [103][104] - The board has confirmed that the guarantees do not harm the interests of the company or its shareholders, particularly minority shareholders [103]

Core Viewpoint - The board of directors of Guangdong Tianan New Materials Co., Ltd. held its second meeting of the fifth session, where all resolutions were passed unanimously without opposition [1][2]. Meeting Details - The meeting was convened on August 14, 2025, with all directors present, and complied with the relevant regulations of the Company Law of the People's Republic of China and the company's articles of association [1]. - The meeting included discussions on the company's 2025 semi-annual report, which had been reviewed and approved by the audit committee prior to the board meeting [1]. Resolutions Passed - The board approved the appointment of Tianjian Accounting Firm (Special General Partnership) as the financial and internal control audit institution for 2025, with the management authorized to determine the remuneration [2]. - A resolution was passed to increase the expected daily related transaction limit with Foshan Junye Urban Construction Engineering Co., Ltd. by 10 million yuan for 2025, which had been reviewed and approved by independent directors [2]. - Various internal management and operational regulations were reviewed and approved, including the management systems for internal audits, fundraising, and investment decision-making, all receiving unanimous support [3][4]. Upcoming Actions - Several resolutions are pending approval at the first extraordinary shareholders' meeting of 2025, including the appointment of the accounting firm and the increase in related transaction limits [2][3][4]. - The board proposed to convene the first extraordinary shareholders' meeting on September 1, 2025, which was also unanimously approved [4].

证券代码：603725 证券简称：天安新材 公告编号：2025-039 广东天安新材料股份有限公司 关于召开2025年第一次临时股东会的通知 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： ? 股东会召开日期：2025年9月1日 ? 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、 召开会议的基本情况 (一)股东会类型和届次 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 9 月 1 日 14 点 00 分 召开地点：佛山市禅城区张槎聚锦路鹰创园鹰牌陶瓷集团会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 9 月 1 日 至2025 年 9 月 1 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:30-11: ...

（编辑 李家琪） 证券日报网讯 8月14日晚间，天安新材发布公告称，公司于2025年8月14日召开了第五届董事会第二次 会议，同意聘用天健会计师事务所（特殊普通合伙）为本公司2025年度的财务与内部控制审计机构，聘 期一年，并将该议案提交至公司2025年第一次临时股东会审议。 ...