证券代码：688033 证券简称：天宜新材 公告编号：2025-042 北京天宜上佳高新材料股份有限公司 关于第三届监事会第三十次会议决议公告 本公司监事会及全体监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、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 北京天宜上佳高新材料股份有限公司（以下简称"公司"）第三届监事会第三 十次会议（以下简称"本次会议"）于 2025 年 9 月 5 日在公司会议室以现场结合 通讯的方式召开。本次会议的通知及相关材料以电话、电子邮件等相结合的方式 于 2025 年 9 月 2 日发出。本次会议应出席会议监事 3 名，实际出席监事 3 名， 其中现场表决的监事 3 名。本次会议的召集与召开符合《中华人民共和国公司法》 和《北京天宜上佳高新材料股份有限公司章程》的有关规定。 二、监事会会议审议情况 本次会议由监事会主席刘洋先生召集和主持，与会监事经过充分讨论和认真 审议，一致同意并通过了如下决议： 本议案尚需提交公司股东大会审议。 表决结果：3 票赞成，0 票反对，0 票弃权 特此公告。 北京天宜上佳高新材料股份有限公司 监事会 2 ...

Core Insights - Tianyi New Materials (688033.SH) reported a revenue of 422.92 million yuan for the first half of 2025, a year-on-year decrease of 17.26% [1][2] - The net profit attributable to shareholders was -209.35 million yuan, an improvement from -492.79 million yuan in the same period last year [1][2] - The net cash flow from operating activities was 160.33 million yuan, showing a significant increase of 328.42% year-on-year [1][2] Financial Performance Summary - Revenue for the first half of 2025: 422,920,712.86 yuan, down from 511,174,885.23 yuan, a decrease of 17.26% [2] - Total profit for the period: -181,772,424.04 yuan, compared to -551,263,661.64 yuan in the previous year [2] - Net profit attributable to shareholders: -209,354,574.17 yuan, improved from -492,785,725.22 yuan [2] - Net profit after deducting non-recurring gains and losses: -224,775,732.09 yuan, improved from -507,881,643.33 yuan [2] - Operating cash flow: 160,325,903.52 yuan, up 328.42% from 37,422,328.94 yuan [2] Historical Financial Data - For the year 2024, the company reported a revenue of 763.05 million yuan, a significant decrease of 63.85% from 2.11 billion yuan in 2023 [3] - The net profit attributable to shareholders for 2024 was -1.50 billion yuan, a decrease of 1138.31% compared to a profit of 144.02 million yuan in 2023 [3] - The net profit after deducting non-recurring gains and losses for 2024 was -1.59 billion yuan, down 2114.15% from 79.17 million yuan in 2023 [3] - Operating cash flow for 2024 was 288.63 million yuan, compared to -496.51 million yuan in 2023 [3] Company Background - Tianyi New Materials was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 22, 2019, with an initial issuance of 47,880,000 shares at a price of 20.37 yuan per share [3] - The company's stock has been in a state of decline since reaching a peak of 64.80 yuan shortly after its listing [3] - The total amount raised from the company's two fundraising rounds is 3.294 billion yuan [6]

Core Insights - Tianyi New Materials (688033) reported a total revenue of 423 million yuan for the first half of 2025, a year-on-year decrease of 17.27%, while the net profit attributable to shareholders was -209 million yuan, an increase of 57.52% year-on-year [1] - The company's gross margin improved significantly, with a year-on-year increase of 74.95%, and the net margin also saw a rise of 49.21% year-on-year [1] - The second quarter of 2025 showed a total revenue of 190 million yuan, reflecting a year-on-year increase of 16.29%, and a net profit of -120 million yuan, which is an increase of 66.94% year-on-year [1] Financial Performance - Total revenue decreased from 511 million yuan in 2024 to 423 million yuan in 2025, a decline of 17.27% [1] - The net profit attributable to shareholders improved from -493 million yuan in 2024 to -209 million yuan in 2025, marking a 57.52% increase [1] - The gross margin was -4.88% in 2025, improving from -19.47% in 2024, while the net margin improved from -97.63% to -49.58% [1] - Total expenses (sales, management, and financial) amounted to 130 million yuan, accounting for 30.63% of revenue, an increase of 23.05% year-on-year [1] Cash Flow and Assets - Cash and cash equivalents decreased by 73.48%, from 676 million yuan to 179 million yuan [1] - Accounts receivable decreased by 33.42%, from 1.042 billion yuan to 694 million yuan [1] - Operating cash flow per share increased significantly by 328.42%, from 0.07 yuan to 0.29 yuan [1] Cost and Expenses - Operating costs decreased by 27.37%, attributed to a decline in prices and sales volume in the photovoltaic new energy sector [3] - Sales expenses decreased by 9.83% due to reduced salary costs [3] - Management expenses increased by 13.97% due to higher depreciation costs [4] - Financial expenses decreased by 15.85% due to reduced interest costs [4] Business Model and Investment Returns - The company's historical median ROIC since listing is 6%, indicating average investment returns, with the worst year being 2024 at -23.24% [5] - The business model relies heavily on capital expenditure, necessitating careful evaluation of capital projects and their financial viability [5] Recommendations - Attention is advised on the company's cash flow situation, with a cash to current liabilities ratio of only 11.74% [6] - Monitoring of financial expenses is recommended, as the average net cash flow from operating activities over the past three years has been negative [6]

Group 1 - The company Tianyi New Materials (688033.SH) reported a total operating revenue of 423 million yuan for the first half of 2025, representing a year-on-year decline of 17.26% [1] - The net profit attributable to shareholders of the parent company was -209 million yuan, which is an improvement of 283 million yuan compared to the same period last year [1] - The basic earnings per share stood at -0.37 yuan [1]

Core Viewpoint - Tianyi New Materials reported a significant decline in revenue and negative net profit for the first half of 2025, indicating ongoing financial challenges for the company [1][2]. Financial Performance - The company's revenue for the first half of 2025 was 423 million yuan, a year-on-year decrease of 17.26% [1]. - The net profit attributable to shareholders was -209 million yuan, an increase of 57.52% compared to the previous year [1]. - The basic earnings per share were -0.37 yuan [1]. - The gross margin for the first half of 2025 was -4.88%, an increase of 14.60 percentage points year-on-year [2]. - The net margin was -49.58%, up 48.04 percentage points from the same period last year [2]. Quarterly Analysis - In Q2 2025, the gross margin was -10.67%, showing a year-on-year increase of 28.11 percentage points but a quarter-on-quarter decrease of 10.53 percentage points [2]. - The net margin for Q2 was -63.28%, which was an increase of 159.75 percentage points year-on-year but a decrease of 24.91 percentage points from the previous quarter [2]. Expense Management - Total operating expenses for the first half of 2025 were 173 million yuan, a decrease of 10.78 million yuan compared to the previous year [2]. - The expense ratio was 40.79%, an increase of 4.93 percentage points year-on-year [2]. - Sales expenses decreased by 9.83%, while management expenses increased by 13.97% [2]. Shareholder Information - As of the end of the first half of 2025, the total number of shareholders was 17,600, an increase of 1,090 or 6.61% from the previous quarter [3]. - The average market value per shareholder increased from 186,300 yuan to 205,100 yuan, a growth of 10.12% [3]. Company Overview - Tianyi New Materials specializes in the research, production, and sales of powder metallurgy brake pads for high-speed trains and urban rail vehicles [3]. - The main business revenue composition includes: 51.64% from photovoltaic monocrystalline auxiliary materials, 35.44% from powder metallurgy brake pads, and 12.13% from resin-based carbon fiber composite products [3]. - The company is categorized under the mechanical equipment industry, specifically in rail transit equipment [3].

Meeting Overview - The third session of the Supervisory Board of Beijing Tianyi Shangjia High-tech Materials Co., Ltd. was held on August 29, 2025, combining in-person and remote attendance [1] - The meeting was convened in accordance with the relevant regulations of the Company Law of the People's Republic of China and the company's articles of association [1] Resolutions Passed - The Supervisory Board unanimously approved the proposal regarding the company's 2025 semi-annual report and its summary, confirming that the report's preparation and review procedures comply with legal and regulatory requirements, and accurately reflect the company's actual situation [2] - The board also approved the special report on the storage, management, and actual use of raised funds for the first half of 2025, affirming that the management of raised funds adheres to relevant regulations and that there were no violations regarding the use of these funds [2]

证券代码：688033 证券简称：天宜新材 公告编号：2025-041 北京天宜上佳高新材料股份有限公司 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： （三） 投票方式：本次股东大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 召开地点：北京市房山区窦店镇迎宾南街 7 号院 （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大会网络投票系统 网络投票起止时间：自2025 年 9 月 15 日 至2025 年 9 月 15 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 股东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 （六） 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的 投票，应按照《上海证券交易所科创板上市公司自律监管指引第 1 号 — 规范运 作 ...

证券代码：688033 证券简称：天宜新材 公告编号：2025-041 北京天宜上佳高新材料股份有限公司 关于召开2025年第二次临时股东大会的通知 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2025年第二次临时股东大会 召开日期时间：2025 年 9 月 15 日 14 点 30 分 网络投票系统：上海证券交易所股东大会网络投票系统 召开地点：北京市房山区窦店镇迎宾南街 7 号院 （五） 网络投票的系统、起止日期和投票时间。 网络投票起止时间：自2025 年 9 月 15 日 至2025 年 9 月 15 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 股东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 股东大会召开日期：2025年9月15日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投 ...

证券代码：688033 证券简称：天宜新材 公告编号：2025-037 二、监事会会议审议情况 本次会议由监事会主席刘洋先生召集和主持，与会监事经过充分讨论和认真 审议，一致同意并通过了如下决议： （一）审议通过《关于公司<2025 年半年度报告>及其摘要的议案》。 监事会认为：公司《2025 年半年度报告》及其摘要的编制和审核程序符合 法律、行政法规及中国证监会的规定，报告内容真实、准确、完整地反映了公司 的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见公司同日刊载于上海证券交易所网站（www.sse.com.cn）的 《2025 年半年度报告》及摘要。 北京天宜上佳高新材料股份有限公司 关于第三届监事会第二十九次会议决议公告 本公司监事会及全体监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、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 北京天宜上佳高新材料股份有限公司（以下简称"公司"）第三届监事会第二 十九次会议（以下简称"本次会议"）于 2025 年 8 月 29 日在公司会议室以现场结 合通讯的方式召开。本次会议的通知及相关材料以 ...

北京天宜上佳高新材料股份有限公司2025 年半年度报告 公司代码：688033 公司简称：天宜新材 北京天宜上佳高新材料股份有限公司 2025 年半年度报告 北京天宜上佳高新材料股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 重大风险提示 公司已在本报告中详细阐述公司在经营过程中可能面临的各种风险及应对措施，敬请查阅本 报告第三节"管理层讨论与分析"。 三、 公司全体董事出席董事会会议。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 七、 是否存在公司治理特殊安排等重要事项 □适用 √不适用 1 / 196 八、 前瞻性陈述的风险声明 √适用 □不适用 公司定期报告中涉及公司未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质性 承诺，敬请投资者注意投资风险。 九、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 十、 是否存在违反规定决策程序对外提供担保的情况 否 十一、 是否存在半数以上董事无法保证公司所 ...