Group 1 - The company Tianshan Co., Ltd. (000877.SZ) announced the transfer of production capacity for one of its subsidiaries' cement clinker production lines to maximize the value of existing capacity [1] - The total capacity to be transferred is 4,200 tons per day, equivalent to 1.26 million tons [1] - The estimated transfer amount for the capacity is approximately 99.54 million yuan [1]

证券代码：000877 证券简称：天山股份 公告编号：2025-082 天山材料股份有限公司 关于公开挂牌转让子公司产能指标的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载，误导性陈述或重大遗漏。 本次交易事项不构成《上市公司重大资产重组管理办法》规定的 重大资产重组。 二、交易对方的基本情况 因本次交易将以公开挂牌方式进行转让，目前尚无法确定交易对 方。 三、交易标的基本情况 （一）交易标的资产情况 | 序 | 公司名称/产线 | 批复产能 | 拟挂牌指 | 折合产能 | 账面价值 | | --- | --- | --- | --- | --- | --- | | 号 | | （t/d） | 标（t/d） | （万吨） | （万元） | | 1 | 江西安福南方水泥有限公司 | 4,200 | 4,200 | 126 | - | | --- | --- | --- | --- | --- | --- | | | 合计 | 4,200 | 4,200 | 126 | - | 一、交易概述 天山材料股份有限公司（简称"公司"）为最大程度发挥现有产 能价值，结合生产线实际情况，公司 ...

证券代码：000877 证券简称：天山股份 公告编号：2025-081 天山材料股份有限公司 第九届董事会第十三次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载，误导性陈述或重大遗漏。 一、董事会会议召开情况 1、天山材料股份有限公司(简称"公司")于 2025 年 12 月 19 日 以书面、邮件的方式发出召开第九届董事会第十三次会议的通知。 2、根据《公司章程》，经全体董事同意豁免会议通知时间要求， 公司第九届董事会第十三次会议于 2025 年 12 月 22 日以通讯方式召 开。 3、本次会议应出席董事 9 人，实际出席董事 9 人。 同意豁免本次董事会临时会议的会议通知时限。 （二）审议通过了《关于公开挂牌转让子公司产能指标的议案》 本议案表决情况：9 票同意，0 票反对，0 票弃权。 具体内容详见《关于公开挂牌转让子公司产能指标的公告》（公 告编号：2025-082）。 本议案无需提交股东会审议。 （三）审议通过了《关于高级管理人员 2024 年度考核薪酬的议 案》 本议案表决情况：7 票同意，0 票反对，0 票弃权。 本议案涉及兼任公司高管的董事利益，董事赵 ...

Core Viewpoint - Tianshan Cement (000877.SZ) faces significant challenges amid industry adjustments, highlighted by its removal from the Shenzhen 100 Index and a drastic decline in market value and profitability [1][2][9]. Group 1: Index Removal and Market Reaction - On December 15, 2025, Tianshan Cement was officially removed from the Shenzhen 100 Index, alongside other companies, reflecting a loss of confidence in its long-term value [2][11]. - The removal from the index is seen as a culmination of Tianshan's declining market performance, with its market value shrinking over 70% from its peak [1][5][12]. Group 2: Financial Performance and Challenges - Tianshan Cement's net profit has declined for four consecutive years, with a reported loss of 5.98 billion yuan in 2024, marking a 130.45% year-on-year decline [5][12]. - In the first three quarters of 2025, the company reported a revenue of 549.38 billion yuan, a decrease of 10.64% year-on-year, and a net loss of 11.81 billion yuan [5][12][15]. - The company's core products, including cement and aggregates, have seen significant sales declines, with cement clinker sales down 12.8% in the first nine months of 2025 [6][13]. Group 3: Strategic Adjustments and Asset Management - In response to declining performance, Tianshan Cement announced plans to transfer production capacity for nine cement clinker production lines, interpreted as a strategic contraction [1][6][14]. - The company has also faced tax compliance issues, requiring a payment of approximately 61.85 million yuan, which will impact its already weakened profit margins [7][14]. - Despite these challenges, Tianshan Cement received a government compensation of 225 million yuan for land acquisition, providing some financial relief [7][15].

Core Viewpoint - Tianshan Co., Ltd. is actively expanding its international market presence through its overseas investment platform, China National Materials Group Corporation (Sinoma), which has established significant cement production capacities in various countries [2] Group 1: Company Operations - China National Materials Group Corporation currently operates in Tunisia, Zambia, Nigeria, and Mongolia, with a total cement production capacity of 3.5 million tons [2] - The company has a clinker production capacity of 2.85 million tons, ready-mixed concrete capacity of 200,000 cubic meters, aggregate capacity of 3.6 million tons, and sintered brick capacity of 60 million pieces [2] Group 2: Future Plans - The company plans to promote key project implementations and continue to expand its international market footprint [2]

证券日报网讯 12月17日晚间，天山股份发布公告称，公司第九届董事会第十二次会议审议通过《关于 苏州市姑苏区人民政府对子公司房屋实施征收的议案》。 （文章来源：证券日报） ...

Core Viewpoint - Tianshan Co., Ltd. announced the government’s decision to expropriate land and properties of its subsidiary, Suzhou Concrete Cement Products Research Institute, with a compensation amount of approximately 225 million yuan [1] Group 1: Expropriation Details - The expropriation involves properties located at 718 Sanxiang Road and 64 Laohejiatang Bank [1] - The compensation amount includes rental compensation and relocation costs, with the final amount to be determined by a signed agreement [1] - The board of directors approved the expropriation proposal during the meeting held on December 17, 2025 [1]

Group 1 - The core point of the article is that Tianshan Co., Ltd. announced the government’s decision to expropriate land and properties belonging to its subsidiary, Suzhou Concrete Cement Products Research Institute Co., Ltd. [1] - The expropriation involves properties located at No. 718 Sanxiang Road and No. 64 Laohejiatang Bank, with a compensation amount of approximately 225 million yuan, which includes rental compensation and relocation costs [1] - The actual compensation amount will be finalized in the signed compensation agreement between the company and the local government [1] Group 2 - The company’s board of directors approved the proposal regarding the expropriation at the 12th meeting of the 9th board session held on December 17, 2025 [1]

Group 1 - The core point of the article is that Tianshan Co., Ltd. announced a board meeting to discuss a proposal regarding the expropriation of properties by the Suzhou government for its subsidiary [1] - For the first half of 2025, Tianshan's revenue composition is reported as 96.95% from cement and 3.05% from other businesses [1] - As of the report, Tianshan's market capitalization stands at 38 billion yuan [1] Group 2 - The article also mentions a successful launch of China's first private spacecraft, indicating advancements in the private space industry [1] - The founder of the company behind the spacecraft is actively developing low-cost products for medium cargo spacecraft [1]

证券代码：000877 证券简称：天山股份 公告编号：2025-080 天山材料股份有限公司 关于苏州市姑苏区人民政府对子公司房屋实施征收的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载，误导性陈述或重大遗漏。 一、交易概述 根据苏州市姑苏区人民政府 2025 年 8 月 29 日下发的《关于下达 苏州市姑苏区 2025 年度国有土地上房屋征收计划（增补）的通知》 【姑苏府〔2025〕53 号】，明确征收天山材料股份有限公司（简称 "公司"）下属子公司苏州混凝土水泥制品研究院有限公司（简称"苏 混院"）三香路 718 号、老禾家塘岸 64 号土地及所属房屋构筑物（简 称"本次征收事项"）。 苏混院拟与苏州市姑苏区人民政府金阊街道办事处签订《苏州市 姑苏区房屋征收预补偿安置协议书》，征收补偿金额约为 2.25 亿元 （含清租赔偿及搬迁等费用），实际补偿金额以双方签订的《房屋征 收补偿协议书》为准。 2025 年 12 月 17 日公司召开的第九届董事会第十二次会议审议 通过了《关于苏州市姑苏区人民政府对子公司房屋实施征收的议案》。 根据《深圳证券交易所股票上市规则》和《公司章程》 ...