Group 1 - The company Tianma Zhikong (688570.SH) reported a revenue of 652 million yuan for the first half of the year, representing a year-on-year decline of 21.21% [1] - The net profit attributable to shareholders of the listed company was 69.5157 million yuan, down 65.72% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 57.595 million yuan, a decrease of 67.51% year-on-year [1]

Core Viewpoint - The report highlights the significant decline in the company's financial performance for the first half of 2025, primarily due to the continuous drop in coal prices and reduced capital expenditure by clients, leading to a slowdown in equipment procurement and intensified competition [5][19]. Company Overview and Financial Indicators - Company Name: Beijing Tianma Intelligent Control Technology Co., Ltd. [3] - Stock Code: 688570, listed on the Shanghai Stock Exchange [3]. - Major Financial Data for H1 2025: - Revenue: 652 million yuan, down 21.21% year-on-year [4]. - Total Profit: 82 million yuan, down 65.79% year-on-year [4]. - Net Profit attributable to shareholders: 69 million yuan, down 65.72% year-on-year [4]. - Basic Earnings per Share: 0.16 yuan, down 65.96% year-on-year [4]. - Total Assets: 5.68 billion yuan, down 2.58% from the end of the previous year [4]. Industry Development - The coal industry has seen a 15.4% year-on-year decrease in prices due to stable raw coal production and reduced demand for thermal coal as renewable energy sources gain traction [5]. - The Chinese economy showed resilience with a GDP growth of 5.3% in H1 2025, and the equipment manufacturing sector grew by 10.2% [5]. Main Business and Products - The company focuses on the research, development, production, and sales of unmanned intelligent mining control technology and equipment [6]. - Key products include: - SAM System: Automatic mining control system for coordinating various subsystems in coal mining [7]. - SAC System: Hydraulic support control system for ensuring safe operation in mining [9]. - SAP System: Intelligent integrated liquid supply system for hydraulic systems in mining [10]. Market Position - The company holds a leading position in the unmanned intelligent mining control sector, with significant market shares in its product lines: - SAC System: 37.7% market share [18]. - SAM System: 25.4% market share [18]. - SAP System: 16% market share [18]. - The company has established a strong technological foundation and a high-quality talent pool, enabling it to maintain its competitive edge [19]. Future Outlook - The government is actively promoting the development of intelligent mining technologies, with policies aimed at achieving significant advancements in automation and safety in coal mining by 2030 [19].

Core Viewpoint - Beijing Tianma Zhikong Technology Co., Ltd. reported a significant decline in financial performance for the first half of 2025, with notable decreases in revenue and net profit compared to the same period last year [1][2]. Financial Summary - Total assets at the end of the reporting period amounted to CNY 5,678,634,064.60, a decrease of 2.58% from the previous year-end [2]. - Operating revenue for the period was CNY 652,005,674.43, reflecting a decline of 21.21% year-on-year [2]. - Total profit for the period was CNY 82,178,491.14, down 65.79% compared to the same period last year [2]. - Net profit attributable to shareholders was CNY 57,595,393.28, a decrease of 67.51% year-on-year [2]. - The net cash flow from operating activities was reported at CNY -51,487,764.16, indicating a negative cash flow situation [2]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 14,184 [3]. - The largest shareholder, Tian Di Technology Co., Ltd., holds 9.95% of the shares, amounting to 43,065,000 shares [3][4]. - Other significant shareholders include Tianjin Yuanzhi Tianma Management Consulting Partnership and Tianjin Lizhi Tianma Management Consulting Partnership, holding 4.14% and 4.07% respectively [3][4].

Group 1 - The company has nominated Mr. Li Mingzhong as a candidate for the non-independent director position on the board, which requires approval from the shareholders' meeting [1][2] - The board meeting held on August 26, 2025, approved the nomination of Mr. Li Mingzhong, with his term starting from the date of shareholder approval until the end of the current board's term [2] - If elected, Mr. Li will also serve on the Strategic Committee of the board, with the same term duration as his directorship [2] Group 2 - The composition of the Strategic Committee will change to include Mr. Li Mingzhong as a member, while other committees such as the Audit Committee, Nomination Committee, and Compensation and Assessment Committee will remain unchanged [2] - Mr. Li Mingzhong has a strong professional background, having held various positions in the industry, including Vice General Manager of the company and Director of Shandong Tianma Intelligent Control Technology Co., Ltd. [4] - As of the announcement date, Mr. Li does not hold any shares in the company and has no related party relationships with the company's directors, supervisors, or major shareholders [4]

Core Viewpoint - Tianma Intelligent Control announced the appointment of new executives, including Li Mingzhong as General Manager and Yang Fan as Deputy General Manager, during the board meeting held on August 26, 2025 [1] Group 1 - The second meeting of the second board of directors was held on August 26, 2025 [1] - The board approved the proposal to appoint Li Mingzhong as the General Manager of the company [1] - The board also approved the proposal to appoint Yang Fan as the Deputy General Manager of the company [1] Group 2 - The terms of the newly appointed executives will last until the end of the current board's term [1] - Li Mingzhong was nominated by the company's chairman for the General Manager position [1] - Yang Fan was nominated by the acting General Manager for the Deputy General Manager position [1]

Group 1 - The company Tianma Intelligent Control announced the convening of its second board meeting on August 26, 2025 [1] - The board agreed to nominate Mr. Li Mingzhong as a candidate for a non-independent director of the second board [1]

Core Insights - The company reported a significant decline in revenue and net profit for the first half of 2025, indicating potential challenges in its operational performance [1] Financial Performance - The company's operating revenue for the first half of 2025 was approximately 652 million yuan, representing a year-on-year decrease of 21.21% [1] - The net profit attributable to shareholders for the same period was about 69.5 million yuan, reflecting a substantial year-on-year decline of 65.72% [1]

Group 1 - The company Tianma Zhikong (688570.SH) reported a revenue of 652 million yuan for the first half of 2025, representing a year-on-year decrease of 21.21% [1] - The net profit attributable to the parent company was 69.52 million yuan, down 65.72% year-on-year [1] - The non-recurring net profit was 57.60 million yuan, reflecting a year-on-year decline of 67.51% [1] - The basic earnings per share were 0.16 yuan [1]

证券日报网讯 8月27日晚间，天玛智控发布公告称，公司第二届监事会第五次会议审议通过了《关于提 请审议及其摘要的议案》等多项议案。 （文章来源：证券日报） ...

证券代码：688570 证券简称：天玛智控 公告编号：2025-029 北京天玛智控科技股份有限公司 关于召开2025年第一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年第一次临时股东大会 召开日期时间：2025 年 9 月 19 日 9 点 00 分 召开地点：北京市顺义区林河南大街 27 号（科技创新功能区）天玛智控顺 义创新产业基地五层 1530 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大会网络投票系统 网络投票起止时间：自2025 年 9 月 19 日 至2025 年 9 月 19 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 股东大会召开日期：2025年9月19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票 系统 （二） 股东大会召集人：董事会 （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 ...