Core Points - The company has provided a guarantee of up to RMB 4.08 million for its subsidiary, Foshan Southern Design Institute, to meet its operational needs [2][3] - The guarantee was approved by the board of directors and shareholders, ensuring compliance with internal decision-making procedures [3][6] - The company has a total external guarantee amount of RMB 902.35 million, which is 118.74% of its audited net assets for 2024 [7] Group 1 - The guarantee is structured as a joint liability guarantee with a term of three years from the debt maturity date [3] - The board meeting on April 16, 2025, approved the guarantee with unanimous support, indicating a controlled risk environment [6] - The company has no overdue external guarantees as of the announcement date [7] Group 2 - The total amount of guarantees provided to subsidiaries is RMB 786.75 million, which is 103.53% of the company's audited net assets for 2024 [7] - The company has authorized its management to handle the necessary documentation for the guarantee without needing further shareholder approval within the specified limit [3][6] - There are no counter-guarantees associated with this guarantee [5]

Core Viewpoint - Tianan New Materials announced a guarantee contract with Bank of China Foshan Branch to support its subsidiary's operational needs, providing a maximum guarantee of RMB 4.08 million [2] Group 1: Company Actions - On November 11, 2025, the company signed a "Maximum Guarantee Contract" to facilitate loan applications for its subsidiary, Foshan Southern Architectural Design Institute [2] - As of the announcement date, the company reported no overdue external guarantees [2]

证券代码：603725 证券简称：天安新材 公告编号：2025-052 广东天安新材料股份有限公司 关于为控股子公司佛山南方建筑设计院有限公司 提供担保的公告 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。 重要内容提示： | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股 子公司对外担保总额（万元） | 90,235 | | 对外担保总额占上市公司最近一 期经审计净资产的比例（%） | 118.74 | | | 对外担保总额超过最近一期经审计净资产 | | --- | --- | | | 100% | | | □担保金额超过上市公司最近一期经审计净 | | 特别风险提示（如有请勾选） | 资产 50% | | | □对合并报表外单位担保金额达到或超过最 | | | 近一期经审计净资产 30%的情况下 | | | 对资产负债率超过 70%的单位提供担保 | 一、担保情况概述 （一）担保的基本情况 为满足子公司日常经营需要，2025 年 11 月 11 日广东天安新材 ...

Core Viewpoint - Tianan New Materials, established in 2000 and listed in 2017, specializes in polymer composite surface materials and building ceramics, with a full industry chain capability in product R&D and design [1] Group 1: Business Performance - In Q3 2025, Tianan New Materials reported revenue of 2.273 billion yuan, ranking 5th among 13 companies in the industry, with the industry leader Marco Polo achieving 4.938 billion yuan [2] - The net profit for the same period was 112 million yuan, placing the company 3rd in the industry, while Marco Polo's net profit was 1.062 billion yuan [2] - The company achieved a revenue growth of 4.0% year-on-year in H1 2025, totaling 1.444 billion yuan, with a net profit growth of 16.6% to 62 million yuan [6] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio for Tianan New Materials was 67.44%, down from 69.61% year-on-year but still above the industry average of 39.52% [3] - The gross profit margin for Q3 2025 was 22.86%, slightly below the industry average of 23.08%, but up from 22.16% in the previous year [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 1.51% to 17,100, while the average number of circulating A-shares held per account decreased by 1.49% to 16,800 [5] Group 4: Leadership and Compensation - Chairman Wu Qichao's compensation for 2024 was 614,400 yuan, a decrease of 2,600 yuan from 2023 [4] Group 5: Market Position and Future Outlook - The company is focusing on expanding its market share in building ceramics, with a 6% increase in ceramic sales in H1 2025, and a 23.3% increase in revenue from fireproof board materials [6] - The company is also advancing its high polymer business, with a 36.0% increase in automotive interior revenue [6] - Future net profit projections for 2025-2027 are 122 million, 158 million, and 199 million yuan, respectively, with corresponding PE ratios of 28X, 21X, and 17X [6]

Core Viewpoint - The company held a Q3 2025 earnings presentation, discussing significant revenue growth in automotive interior and building fireproof panel materials, and outlining strategies for future growth and market expansion [1][2][3] Group 1: Earnings Presentation Overview - The earnings presentation took place on October 28, 2025, with key executives participating and engaging with investors [1] - The company reported a 34.22% year-on-year revenue increase in the automotive interior segment and a 34.12% increase in building fireproof panel materials for the first nine months of 2025 [2][3] Group 2: Strategies for Growth - In the automotive interior materials segment, the company plans to strengthen existing customer relationships and expand into new energy vehicles and domestic brand projects, focusing on high-value orders and efficiency improvements [2][3] - For building fireproof panel materials, the company aims to enhance operational synergy, optimize product performance, and expand into international markets through adaptive product development and participation in global trade shows [3] Group 3: Technological Advancements and Collaborations - The company is actively engaging in the embodied intelligence sector through strategic investments and partnerships, such as with Ruobo Robotics and HeShan Technology, focusing on core technologies and applications [4][6] - The company is developing soft, durable materials for robotic skin and muscle products, leveraging its expertise in skin-like surface materials [4][5] Group 4: International Expansion and Market Positioning - The company is expanding its overseas market presence, targeting developed regions with potential for growth in the home building materials sector, and has opened showrooms in Australia [7] - The establishment of the "Eagle New Materials" brand aims to penetrate the renovation market, offering eco-friendly products tailored to meet consumer demands for health and sustainability [8] Group 5: Resilience in Challenging Economic Conditions - The company has maintained growth despite economic challenges by leveraging its industry resources and focusing on high-quality production and operational efficiency [8]

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 10 月 28 日 9: 00-10:00 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 年第三季度业绩说明会"。关于本次 说明会的召开事项，公司已于 2025 年 10 月 21 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 年第三季度业绩说明会的公告》 （公告编号：2025-048）。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 10 月 28 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，在信息披露允许的范 围内就投资者普遍关注的问题进行了回答。 二、本次会议投资者提出的主要问题及公司的回复情况 广东天安新材料股份有限公司 关 ...

Core Viewpoint - The company, Guangdong Tianan New Materials Co., Ltd., has concluded the execution of a lawsuit involving its subsidiary, Foshan Shiwai Yingpai Ceramics Co., Ltd., against Evergrande Real Estate Group Zhengzhou Co., Ltd. regarding a loan dispute totaling RMB 61,974,356.16, which includes principal and interest [1][2][3]. Group 1: Lawsuit Background - The lawsuit originated from a loan dispute where the defendant failed to repay the principal and interest as per the agreement, leading to a civil lawsuit filed by the subsidiary [2]. - The court ruled in favor of the subsidiary, ordering the defendant to repay RMB 50 million and additional interest of RMB 6 million, along with court fees [2][3]. Group 2: Execution Status - The recent court ruling concluded the execution process due to the absence of any discoverable assets from the defendant, allowing the company to apply for resumption of execution if new assets are identified [4]. - The company has previously made provisions for credit impairment related to this lawsuit, indicating that the conclusion of this execution will not significantly impact current or future profits [1][4]. Group 3: Other Legal Matters - As of the announcement date, the company and its subsidiaries are involved in other ongoing litigation and arbitration matters totaling RMB 419,920,200 [4][5]. - There are 72 additional cases involving amounts less than RMB 1 million, with the company as the plaintiff in 66 cases totaling RMB 18,892,800 [5].

Core Viewpoint - Tianan New Materials has maintained steady growth in its operating performance in the first three quarters of the year, with a focus on leveraging opportunities in the artificial intelligence industry to accelerate its development in the embodied intelligence sector, aiming for high-quality growth [1] Business Expansion in Embodied Intelligence - On October 15, Tianan New Materials signed a technical development cooperation agreement with Beijing Tashan Technology Co., Ltd., marking a strategic partnership that integrates material science with artificial intelligence perception technology [2] - The collaboration aims to address technical bottlenecks in the integration of materials and perception, with a focus on developing electronic skin integrated products [2] - The company emphasizes technological innovation to overcome traditional material limitations, enhancing properties such as softness, touch, and durability [2] Strategic Transformation and Upgrading - Established in 2000, Tianan New Materials has evolved from a single material supplier to a builder of an industrial ecosystem through strategic acquisitions and integrations in the home furnishing industry [4] - The company is actively expanding into overseas markets, with its subsidiary Eagle Brand opening showrooms in Melbourne and Sydney in the first half of 2025, aiming to provide high-quality aesthetic experiences for international consumers [4][5] Steady Performance Growth - In the third quarter report for 2025, the company achieved operating revenue of 2.273 billion yuan, a year-on-year increase of 3.47%, and a net profit attributable to shareholders of 97.54 million yuan, up 21.47% [6] - The automotive interior materials segment saw revenue growth of over 125 million yuan, with a year-on-year increase of 34%, driven by partnerships with leading automotive brands [6] - The integration capabilities post-acquisition have led to significant growth in the building fireproof panel business, with a subsidiary reporting a 34% increase in revenue and a gross margin exceeding 33% [6]

Core Viewpoint - Tianan New Materials has maintained steady growth in its operating performance in the first three quarters of the year, with a focus on leveraging opportunities in the artificial intelligence industry to accelerate its development in the embodied intelligence sector, aiming for high-quality growth [1][5]. Group 1: Business Performance - In the first three quarters of 2025, the company achieved operating revenue of 2.273 billion yuan, a year-on-year increase of 3.47% [5]. - The net profit attributable to shareholders reached 97.54 million yuan, up 21.47% year-on-year, while the net profit excluding non-recurring items was 95.08 million yuan, reflecting a growth of 31.07% [5]. - The automotive interior materials segment saw revenue increase by over 125 million yuan compared to the previous year, with a growth rate of 34% [5][6]. Group 2: Strategic Partnerships and Innovations - Tianan New Materials signed a technical development cooperation agreement with Beijing Tashan Technology Co., focusing on the integration of materials science and artificial intelligence perception technology [2]. - The collaboration aims to address technical bottlenecks in the development of electronic skin integrated products, enhancing the application of new materials in the AI field [2][3]. - The company is committed to continuous innovation in polymer materials, improving softness, touch, and durability, which are essential for the development of flexible robots [2][3]. Group 3: Strategic Transformation and Market Expansion - Established in 2000, the company has transformed from a single material supplier to a builder of an industrial ecosystem through strategic acquisitions and integrations in the home furnishing industry [4]. - The company is actively expanding into overseas markets, with its subsidiary Eagle Brand opening showrooms in Melbourne and Sydney to enhance its global presence [4][5]. - Future plans include deepening international cooperation and expanding the global market footprint by offering mature technical solutions and strong brand value [5].

Core Viewpoint - Tianan New Materials has maintained steady growth in its operating performance in the first three quarters of the year, with a focus on seizing opportunities in the artificial intelligence industry and accelerating its expansion into the embodied intelligence sector to drive high-quality development [1][3]. Business Expansion in Embodied Intelligence - On October 15, Tianan New Materials signed a technical development cooperation agreement with Beijing Hashan Technology Co., Ltd., aiming to integrate material science with artificial intelligence perception technology [1]. - The collaboration focuses on overcoming technical bottlenecks in the integration of materials and perception, enhancing the properties of polymer materials to improve softness, touch, and durability [1]. - The company is exploring new materials applications in the AI field and transitioning towards intelligent manufacturing [1][2]. Strategic Transformation and Upgrading - Established in 2000, Tianan New Materials has evolved from a single material supplier to a builder of an industrial ecosystem through strategic acquisitions and integrations in the home furnishing industry [2]. - The company aims to transform from a manufacturing enterprise to a manufacturing service enterprise, emphasizing the importance of service, brand, and ecosystem in product development [2]. International Market Expansion - Tianan New Materials has begun actively expanding into overseas markets, with its subsidiary Eagle Brand opening showrooms in Melbourne and Sydney in the first half of 2025 [3]. - The company is focused on achieving technology, service, and brand globalization, aiming for a strategic upgrade from a regional leader to a global home furnishing brand [3]. Steady Financial Performance - In the third quarter of 2025, Tianan New Materials reported a revenue of 2.273 billion yuan, a year-on-year increase of 3.47%, and a net profit attributable to shareholders of 97.54 million yuan, up 21.47% [4]. - The company has experienced continuous growth in operating performance, with the third quarter net profit reaching 35.37 million yuan, a year-on-year increase of 31.12% [4]. Automotive Interior Materials Sector - The automotive interior segment has seen revenue growth of over 125 million yuan in the first three quarters, with a year-on-year growth rate of 34%, driven by increased penetration of new energy vehicles and the rise of domestic brands [4]. - The company’s ability to quickly integrate and empower acquired businesses has led to significant growth in the building fireproof panel business, with a revenue increase of 34% and a gross margin exceeding 33% [4].