（编辑 袁冠琳） 证券日报网讯 天健集团11月12日在互动平台回答投资者提问时表示，公司研发费用主要用于技术创新 和产业升级，推动更高效、环保和智能化的建筑生产方式。研发成果包括多项新技术、新工艺的研究和 应用。 ...

（编辑 袁冠琳） 证券日报网讯 天健集团11月12日在互动平台回答投资者提问时表示，公司全资子公司深圳市政集团有 限公司依托专业技术与施工经验，积极参与深圳地铁等重点地下空间基础设施建设，为深圳城市发展贡 献力量。 ...

Group 1 - The company, Tianjian Group, expressed its intention to closely monitor the new productivity policies and actively seek participation opportunities [1]

（文章来源：证券日报） 证券日报网讯天健集团11月12日在互动平台回答投资者提问时表示，项目达到收入确认条件后确认收 入，具体结算情况见公司定期报告。 ...

（文章来源：证券日报） 证券日报网讯天健集团11月12日在互动平台回答投资者提问时表示，公司目前在深圳主要在售楼盘包括 和悦府、和瑞府、和郡府、湾时代府等，占公司目前剩余未售货值的半数以上。 ...

证券日报网讯天健集团11月12日在互动平台回答投资者提问时表示，公司已于2025年10月15日对外披露 了《关于与控股股东签订暨关联交易的公告》。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯天健集团11月12日在互动平台回答投资者提问时表示，公司将持续完善公司治理、改进经 营管理，培育核心竞争力，实实在在地、可持续地为投资者创造公司价值，努力回报投资者。 ...

Market Overview - On November 12, the real estate development sector declined by 0.51% compared to the previous trading day, with Yingxin Development leading the decline [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Stock Performance - Notable gainers in the real estate sector included: - Shouke Co., Ltd. (600376) with a closing price of 6.13, up 10.05% on a trading volume of 2.21 million shares and a transaction value of 1.32 billion [1] - Shunfa Hengneng (000631) closed at 3.95, up 10.03% with a trading volume of 1.58 million shares and a transaction value of 618 million [1] - Tianjian Group (000090) closed at 4.12, up 6.19% with a trading volume of 2.29 million shares and a transaction value of 963 million [1] - Conversely, Yingxin Development (000620) saw a significant drop of 5.92%, closing at 3.18 with a trading volume of 6.61 million shares and a transaction value of 2.13 billion [2] - Other notable decliners included: - Daming City (600094) down 5.70% to 5.46 [2] - Huachao City A (000069) down 4.10% to 2.81 [2] Capital Flow - The real estate development sector experienced a net outflow of 419 million from institutional investors, while retail investors saw a net inflow of 802 million [2] - The capital flow for key stocks showed: - Shouke Co., Ltd. had a net inflow of 49 million from institutional investors, while retail investors had a net outflow of 265 million [3] - Tianjian Group had a net inflow of 98.83 million from institutional investors, with retail investors experiencing a net outflow of 42.88 million [3] - Hezhan Energy (000809) had a net inflow of 71.39 million from institutional investors, while retail investors had a net outflow of 33.17 million [3]

Core Viewpoint - The company emphasizes its commitment to technological innovation and aims to drive high-quality transformation and upgrades across its business segments [1] Group 1: Construction Sector - The company plans to actively promote new industrialization, intelligence, and greening in the construction sector [1] - There will be an increased focus on research and application of new technologies, processes, and equipment [1] Group 2: Development Sector - The company intends to enhance research and layout in urban village renovation and affordable housing construction [1] - It will explore primary land consolidation and the linkage development model between primary and secondary markets [1] Group 3: Service Sector - The company aims to explore the management and operation of external properties to establish a sustainable development model [1]

Core Viewpoint - The rumors regarding "New Kailai's backdoor listing" have been officially denied by Tianjian Group, emphasizing that all disclosed information will be based on announcements from the China Securities Regulatory Commission [1][4]. Company Overview - Tianjian Group, a core listed platform under Shenzhen Construction Group, has been involved in engineering construction, urban services, and comprehensive development for many years [2]. - In the first three quarters of this year, Tianjian Group achieved a total revenue of 9.959 billion yuan, representing a year-on-year increase of 7.79%, while the net profit attributable to shareholders was 20.129 million yuan, a significant decline of 93.87% year-on-year [2]. Industry Context - New Kailai, established in August 2021 and fully owned by the Shenzhen State-owned Assets Supervision and Administration Commission, focuses on the research, manufacturing, sales, and service of semiconductor equipment and core components [1]. - The semiconductor industry is experiencing high growth and a strong demand for domestic alternatives, leading to higher market valuations for related companies compared to traditional infrastructure sectors like that of Tianjian Group [2][4]. Market Reaction - Following the rumors, Tianjian Group's stock price hit the daily limit, closing up over 6.7% at 4.14 yuan per share, with a total market capitalization of 7.736 billion yuan [4].