| | | 山东天岳先进科技股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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、准确性和完整性依法承担法律责任。 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 12 月 5 日（星期五）15:00-16:00 （二）会议召开地点：上证路演中心 重要内容提示： 1、会议召开时间：2025 年 12 月 5 日（星期五）15:00-16:00 2 、 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 3、会议召开方式：上证路演中心网络互动 4、投资者可于 2025 年 11 月 28 日（星期五）至 12 月 4 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过山东天岳 ...

Core Viewpoint - Tianyue Advanced (688234.SH) is actively engaged in the application of SiC MOS technology in power semiconductors, which are essential for various industries including electric vehicles, photovoltaics, energy storage systems, and smartphones [1] Company Collaboration - The company has established partnerships with multiple power semiconductor manufacturers and has collaborated with more than half of the top ten global power semiconductor device manufacturers [1]

Group 1 - The A-share market saw all three major indices turn positive on November 24, with the Sci-Tech 50 ETF (588000) experiencing a maximum increase of over 1% [1] - The Sci-Tech 50 ETF has attracted significant capital inflow, with a net inflow of 3.479 billion in the last five days and 5.979 billion in the last ten days [1] - Google announced a plan to expand its computing power by 1000 times over the next 4-5 years, doubling its capacity every six months to support AI infrastructure competition [1] Group 2 - The Sci-Tech 50 ETF (588000) tracks the Sci-Tech 50 Index, with 69.3% of its holdings in the electronics sector and 5.17% in the computer sector, totaling 74.47%, aligning well with the development of cutting-edge industries like AI and robotics [2] - The ETF also covers various sub-sectors such as semiconductors, medical devices, software development, and photovoltaic equipment, indicating a high content of hard technology [2]

Group 1 - The semiconductor equipment sector is experiencing a high growth phase, driven by dual benefits from domestic policies and increasing demand for mid-to-high-end equipment from large wafer fabs [3] - The semiconductor equipment ETF (561980) has seen significant inflows, with a net inflow of nearly 75 million yuan in a single day and a total of 3.77 billion yuan year-to-date, indicating strong investor interest [1] - The semiconductor equipment ETF has increased by 43.72% year-to-date, ranking third among 31 primary industries, only behind non-ferrous metals and communications [1] Group 2 - Capital expenditures for leading internet companies in China and the U.S. are expected to grow rapidly, with projections of $430.6 billion (+65%) in 2025 and $602 billion (+40%) in 2026, supporting future demand for computing chips [2] - The domestic storage manufacturers are expected to contribute significantly to wafer fab capital expenditures next year, which will drive demand for semiconductor equipment and materials [2] Group 3 - The semiconductor equipment sector is expected to maintain high growth rates over the next three years, driven by increased domestic production and demand, with a focus on enhancing localization rates [3] - The top ten constituents of the semiconductor equipment ETF account for over 78% of the index, focusing on key players in the chip industry chain [4]

Group 1 - The core point of the article is that Tianyue Advanced (02631) has completed a share reduction plan, with shareholder Guocai Fund reducing approximately 9.5491 million shares [1] Group 2 - The share reduction plan was officially communicated through a notice from Guocai Fund to the company [1] - The completion date of the share reduction plan is noted as November 20, 2025 [1]

天岳先进(02631)公布，公司近日收到股东国材基金发来的《关于减持股份结果的告知函》，截至2025 年11月20日，本次减持计划实施完毕，合计减持约954.91万股股份。 ...

Core Viewpoint - Shandong Tianyue Advanced Technology Co., Ltd. announced that its major shareholder, Guocai Equity Investment Fund (Jinan) Partnership, has completed its share reduction plan, selling a total of 9.549 million shares for approximately 747 million yuan [1][2]. Summary by Sections Share Reduction Plan Implementation - Guocai Fund disclosed its share reduction plan on August 26, 2025, intending to reduce up to 9.549 million shares, representing 2.00% of the company's total share capital [1]. - The reduction was executed through both centralized bidding and block trading, with each method accounting for 4.7746 million shares [1]. - The reduction period was set from September 17 to November 20, 2025, and was completed as planned [1]. - The share reduction price ranged from 69.14 yuan to 90.47 yuan per share, totaling approximately 747 million yuan [1]. Changes in Shareholding - Prior to the reduction, Guocai Fund held 38.674 million shares, which was 8.10% of the total share capital [2]. - After the reduction, its holdings decreased to 29.124 million shares, representing 6.01% of the total share capital, maintaining its status as a major shareholder [2]. - The shareholding changes were executed in compliance with relevant laws and regulations, with no significant impact on the company's governance or ongoing operations [2]. Company Response - The board of Tianyue Advanced will continue to monitor changes in shareholder holdings and fulfill its information disclosure obligations as required [3].

上述股份来源为公司首次公开发行前取得的股份，已于 2023 年 10 月 27 日 起上市流通。 减持计划的实施结果情况 公司于 2025 年 8 月 26 日在上海证券交易所网站（www.sse.com.cn）披露《持 股 5%以上股东减持股份计划公告》（公告编号：2025-057），基于自身资金需求， 股东国材基金拟减持公司股份合计不超过 9,549,134 股，即不超过公司总股本（公 司发行 47,745,700 股 H 股股票后（行使超额配售权之前）的总股本）的 2.00%。 其中，通过集中竞价方式减持公司股份合计不超过 4,774,567 股，即不超过公司 总股本（公司发行 47,745,700 股 H 股股票后（行使超额配售权之前）的总股本） 的 1.00%；通过大宗交易方式减持公司股份合计不超过 4,774,567 股，即不超过 公司总股本（公司发行 47,745,700 股 H 股股票后（行使超额配售权之前）的总 股本）的 1.00%。减持期限为自减持股份计划公告披露之日起 15 个交易日后的 3 个月内实施。若减持期间公司发生派发红利、送股、资本公积金转增股本或配股 等股本除权除息事项的，减 ...

Core Viewpoint - The announcement indicates that the shareholder Guocai Fund has completed its share reduction plan, selling a total of 9,549,134 shares, which represents 1.97% of the company's total equity [1] Summary by Relevant Sections Share Reduction Details - Guocai Fund executed the share reduction through centralized bidding and block trading methods [1] - The share reduction occurred between a price range of 69.14 to 90.47 yuan per share, totaling 747 million yuan [1] - Following the reduction, Guocai Fund's shareholding percentage decreased from 8.10% to 6.01% [1] Compliance with Previous Plans - The actual reduction aligns with the previously disclosed reduction plan, confirming that the plan was completed on schedule [1]

山东天岳公告称，股东国材基金减持计划实施完毕。减持前，国材基金持有3867.40万股，占总股本 8.10%。2025年9月17日至11月20日，其通过集中竞价和大宗交易方式分别减持477.46万股，合计减持 954.91万股，占总股本1.97%，减持价格区间为69.14-90.47元/股，减持总金额7.47亿元。减持后，国材 基金持股2912.49万股，占比6.01%。 ...