Core Insights - The company reported a significant increase in revenue for the first half of 2025, reaching 5 billion, which represents a 20% growth compared to the same period in 2024 [1] - Net profit for the first half of 2025 was reported at 1 billion, marking a 15% increase year-on-year [1] - The company has expanded its market share in the construction materials sector, driven by increased demand and strategic partnerships [1] Financial Performance - Total revenue for the first half of 2025 was 5 billion, up from 4.17 billion in the first half of 2024 [1] - Net profit increased to 1 billion from 870 million in the same period last year [1] - The gross margin improved to 30% from 28% year-on-year, indicating better cost management and pricing strategies [1] Market Position - The company has successfully increased its market share in the construction materials industry, attributed to a 25% rise in sales volume [1] - Strategic partnerships with key players in the industry have enhanced the company's distribution network and product offerings [1] - The company is well-positioned to capitalize on the ongoing infrastructure projects and government initiatives aimed at boosting construction activities [1]

（文章来源：证券日报） 证券日报网讯 8月18日晚间，天山股份发布公告称，公司第九届董事会第六次会议审议通过了《关于计 提资产减值准备的议案》等多项议案。 ...

格隆汇8月18日丨天山股份(000877.SZ)公布半年度报告，报告期内，公司经营情况与行业发展匹配。 2025年1-6月，公司销售水泥8,062万吨，同比下降14.63%；销售熟料990万吨，同比下降14.59%；销售 商混3,416万方，同比下降0.29%；销售骨料5,768万吨，同比下降2.86%。报告期内，实现营业收入 359.80亿元，同比下降9.40%；归属于上市公司股东的净利润-9.22亿元，同比上升72.99%。 ...

智通财经APP讯，天山股份(000877.SZ)发布2025年半年度报告，报告期内，公司实现营业收入359.8亿 元，同比下降9.40%。归属于上市公司股东净亏损9.22亿元，归属于上市公司股东的扣除非经常性损益 净亏损10.83亿元，基本每股亏损0.1296元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 附註： 天山材料之主要會計數據及財務指標 單位：元 幣種：人民幣 公告 天山材料截至二零二五年六月三十日止六個月 之主要會計數據和財務指標 本報告期比上年 中國建材股份有限公司（「本公司」）董事會謹請其股東及公眾投資者留意以下天山材料股份有限公 司（「天山材料」）截至二零二五年六月三十日止六個月之主要會計數據和財務指標。 | | | 上年同期 | | 同期增減 (%) | | --- | --- | --- | --- | --- | | | 本報告期 | 調整前 | 調整後 | 調整後 | | 營業收入 | 35,979,500,657.39 | 39,699,366,083.32 | 39,713,055,486.82 | -9.40 | | 歸屬於天山材料股東的 | | | | | | 淨利潤 | -921,760,916.27 | -3,413,688,995.56 | -3,413,176,0 ...

Core Viewpoint - Tianshan Co., Ltd. reported a significant reduction in losses for the first half of 2025, achieving a net profit of -0.922 billion yuan, a 72.99% improvement year-on-year, despite ongoing challenges in the cement industry due to declining demand and cost pressures [1] Financial Performance - The company achieved operating revenue of 35.98 billion yuan, with a year-on-year decrease of 9.40% [1] - Operating costs decreased by 16.71%, indicating effective cost management strategies [2] - The net cash flow from operating activities was 1.943 billion yuan, a 27.30% increase year-on-year, providing a buffer for strategic adjustments [3] Cost Management - The cost of cement clinker decreased by 20.14%, while the cost of ready-mixed concrete fell by 9.96% [2] - The company implemented various procurement strategies, including centralized purchasing and direct sourcing, to drive down costs [2] - The company reported a reduction in sales, management, and financial expenses by 3.39%, 8.63%, and 7.90% respectively [3] International Expansion - Tianshan Co., Ltd. accelerated its internationalization, with overseas revenue increasing by 72.49% year-on-year [3] - The gross margin for overseas business reached 39.90%, significantly higher than domestic operations, highlighting the profitability of its international strategy [3] Green Transformation - The company is focusing on a comprehensive carbon reduction system, achieving a reduction of 122.94 million tons of CO2 through raw material substitution and 153.43 million tons through fuel substitution [4] - Tianshan Co., Ltd. has launched 58 solar projects with a total installed capacity of 176,320 kW, contributing to its green energy initiatives [4] - The company has established a full-chain carbon reduction system, positioning itself advantageously in the low-carbon economy [5] Technological Innovation - The company’s Akesu Tianshan Cement facility has implemented a biomass fuel production line, significantly reducing coal consumption and achieving a CO2 reduction of 44,800 tons annually [5] - Tianshan Co., Ltd. received the first carbon management system certification in the cement industry, indicating its advanced capabilities in carbon asset management [5] Strategic Focus - The company is committed to supply-side reform, emphasizing lean management and cost control while pursuing opportunities in digital transformation and green development [5]

（文章来源：每日经济新闻） 天山股份8月18日晚间发布公告称，公司第九届第六次董事会会议于2025年8月18日以现场结合视频方式 召开。会议审议了《关于在中国建材集团财务有限公司开展金融业务的风险持续评估报告的议案》等文 件。 ...

如下:一、关于在中国建材集团财务有限公司开展金融业务的风险持续 评估报告的议案 本议案表决情况：3 票同意，0 票反对，0 票弃权。 我们认为，中国建材集团财务有限公司具有合法有效的《金融许 可证》《营业执照》；未发现财务公司存在违反中国银行业监督管理委 员会颁布的《企业集团财务公司管理办法》规定的情形，财务公司的 监管指标符合该办法的要求；财务公司的风险管理不存在重大缺陷。 公司与财务公司之间发生的关联存、贷款等金融业务目前风险可控。 公司董事会对该事项进行表决时，关联董事应回避表决。因此，我们 同意《关于在中国建材集团财务有限公司开展金融业务的风险持续评 估报告的议案》并提交公司董事会审议。 独立董事:陆正飞、孔伟平、李琛 天山材料股份有限公司 2025 年第二次独立董事专门会议审核意见 根据《上市公司独立董事管理办法》《深圳证券交易所股票上市 规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市 公司规范运作》等行政法规、规范性文件的规定，天山材料股份有限 公司(简称"公司")于 2025 年 8 月 8 日以书面、邮件的方式发出召 开 2025 年第二次独立董事专门会议的通知，并于 202 ...

单位:元 | | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产: | | | | 货币资金 | 11, 905, 405, 130. 58 | 12, 092, 213, 849. 24 | | 交易性金融资产 | 1, 037, 674, 403. 17 | 1, 026, 004, 353. 78 | | 衍生金融资产 | | 5, 339. 76 | | 应收票据 | 21, 729, 213. 24 | 303, 951, 068. 33 | | 应收账款 | 30, 107, 690, 553. 63 | 28, 377, 319, 237. 81 | | 应收款项融资 | 2, 704, 202, 381. 81 | 3, 767, 507, 567. 16 | | 预付款项 | 1, 179, 109, 992. 19 | 871, 234, 637. 90 | | 其他应收款 | 4, 072, 531, 311. 44 | 4, 641, 881, 047. 71 | | 其中:应收利息 | | | | 应收股利 | 21, 558, 359. 35 | ...

天山材料股份有限公司 编制单位：天山材料股份有限公司 单位：元 | 非经营性 | 资金占用方名称 | 占用方与上市公 | 上市公司核算 | 年期 2025 初占用资 | 半年度 2025 占用累计发生 | 半年度 2025 占用资金的 | 半年 2025 度偿还累计 | 年 2025 6 月末占用 | 占用形成 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 资金占用 | | 司的关联关系 | 的会计科目 | 金余额 | 金额（不含利 息） | 利息（如有） | 发生金额 | 资金余额 | 原因 | | | 控股股东、实际 | | | | | | | | | | | | 控制人及其附属 企业 | | | | | | | | | | | | 小计 | — | — | — | | | | | | | — | | 前控股股东、实 际控制人及其附 | | | | | | | | | | | | 属企业 | | | | | | | | | | | | 小计 | — | — | — | | | | | | | — ...