公司2025年度业绩较上年同期减少的主要原因系：本报告期公司的项目大多处于在建阶段，无新增交付 项目，房地产项目结算收入来源于在售的剩余现房。另外，公司对重要参股项目按照权益法预计确认投 资损失。 格隆汇1月30日丨津滨发展(000897.SZ)发布2025年度业绩预告，报告期内，归属于上市公司股东的净利 润为亏损3500万元—6500万元，上年同期盈利5.08亿元；扣除非经常性损益后的净利润为亏损3200万 元-6200万元，上年同期盈利5.09亿元。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 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。 （1）以区间数进行业绩预告 币种：人民币 ■ 二、业绩预告预审计情况 本业绩预告未经注册会计师预审计。公司已就本次业绩预告有关事项与会计师事务所进行了预沟通，公 司与会计师事务所在本报告期的业绩预告财务数据方面不存在重大分歧。 三、业绩变动的主要原因说明 公司2025年度业绩较上年同期减少的主要原因系：本报告期公司的项目大多处于在建阶段，无新增交付 项目，房地产项目结算收入来源于在售的剩余现房。另外，公司对重要参股项目按照权益法预计确认投 资损失。 一、本期业绩预计情况 四、风险提示 1．业绩预告期间： 2025年1月1日至2025年12月31日 2.预计的业绩：预计净利润为负值 本公司指定的信息披露媒体为《中国证券报》、《证券时报》和巨潮资讯网http://www.cninfo.com.cn。 特此公告。 天津津滨发展股份有限公司 董事会 2026年1月29日 本次业绩预告经公司初步核算，未经注册会计师预审计。公司2025年度具体财务数据将在年度报告中详 细披露 ...

一、本期业绩预计情况 币种：人民币 | 项目 | | | 本报告期 | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东 的净利润 | -6500 | 万元 ～ | -3500 万元 | 50,846.88 | 万元 | | 扣除非经常性损益后 的净利润 | -6200 | 万元 ～ | -3200 万元 | 50,865.54 | 万元 | | 基本每股收益（元/股） | -0.0402 | ～ | -0.0216（元/股） | 0.3144（元/股） | | 二、业绩预告预审计情况 本业绩预告未经注册会计师预审计。公司已就本次业绩预告有关事项与会计 师事务所进行了预沟通，公司与会计师事务所在本报告期的业绩预告财务数据方 面不存在重大分歧。 三、业绩变动的主要原因说明 证券代码：000897 证券简称：津滨发展 公告编号：2026-01 天津津滨发展股份有限公司 2025 年年度业绩预告 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。 本次业绩预告经公司初步核算，未经注册会计师预审计。公司2 ...

Quantitative Factors and Construction Methods 1. Factor Name: Large Order Transaction Amount Ratio - **Factor Construction Idea**: This factor captures the buying behavior of large funds by analyzing the proportion of large order transaction amounts relative to the total daily transaction amount[7] - **Factor Construction Process**: 1. Use tick-by-tick transaction data to identify buy and sell orders based on bid and ask sequence numbers 2. Filter transactions by order size to identify large orders 3. Calculate the proportion of large buy order transaction amounts to the total daily transaction amount Formula: $ \text{Large Order Transaction Amount Ratio} = \frac{\text{Large Buy Order Transaction Amount}}{\text{Total Daily Transaction Amount}} $ - **Factor Evaluation**: This factor effectively reflects the buying behavior of large funds[7] 2. Factor Name: Net Active Buy Amount Ratio - **Factor Construction Idea**: This factor measures the active buying behavior of investors by calculating the net active buy amount as a proportion of the total daily transaction amount[7] - **Factor Construction Process**: 1. Use tick-by-tick transaction data to classify each transaction as either active buy or active sell based on trade direction 2. Subtract the active sell transaction amount from the active buy transaction amount to obtain the net active buy amount 3. Calculate the proportion of the net active buy amount to the total daily transaction amount Formula: $ \text{Net Active Buy Amount Ratio} = \frac{\text{Active Buy Amount} - \text{Active Sell Amount}}{\text{Total Daily Transaction Amount}} $ - **Factor Evaluation**: This factor provides insights into the active buying behavior of investors[7] --- Factor Backtesting Results 1. Large Order Transaction Amount Ratio - **Top 5 Stocks by 5-Day Average**: 1. 惠博普 (92.6%, 99.6% percentile)[9] 2. 美年健康 (89.6%, 99.2% percentile)[9] 3. 志特新材 (89.2%, 99.2% percentile)[9] 4. 津滨发展 (88.4%, 99.6% percentile)[9] 5. 江南高纤 (87.7%, 98.8% percentile)[9] 2. Net Active Buy Amount Ratio - **Top 5 Stocks by 5-Day Average**: 1. 杭萧钢构 (16.7%, 99.8% percentile)[10] 2. 纬德信息 (15.4%, 100.0% percentile)[10] 3. 中科微至 (15.0%, 99.6% percentile)[10] 4. 新风光 (13.8%, 100.0% percentile)[10] 5. 联合水务 (13.3%, 97.5% percentile)[10] 3. Broad-Based Indices - **Large Order Transaction Amount Ratio (5-Day Average)**: - 上证指数: 73.8% (12.8% percentile)[12] - 上证50: 70.6% (64.2% percentile)[12] - 沪深300: 73.1% (64.2% percentile)[12] - 中证500: 73.0% (6.6% percentile)[12] - 创业板指: 71.6% (90.1% percentile)[12] - **Net Active Buy Amount Ratio (5-Day Average)**: - 上证指数: -5.8% (86.8% percentile)[12] - 上证50: -12.9% (90.5% percentile)[12] - 沪深300: -8.8% (89.3% percentile)[12] - 中证500: -3.4% (86.0% percentile)[12] - 创业板指: -4.4% (84.8% percentile)[12] 4. Industry-Level Results - **Top 5 Industries by Large Order Transaction Amount Ratio (5-Day Average)**: 1. 房地产: 79.8% (90.1% percentile)[13] 2. 煤炭: 78.5% (66.3% percentile)[13] 3. 钢铁: 78.2% (42.8% percentile)[13] 4. 建筑: 77.9% (24.3% percentile)[13] 5. 综合: 77.8% (50.6% percentile)[13] - **Top 5 Industries by Net Active Buy Amount Ratio (5-Day Average)**: 1. 房地产: -9.5% (95.1% percentile)[13] 2. 电子: 2.2% (78.6% percentile)[13] 3. 汽车: 0.9% (60.9% percentile)[13] 4. 家电: 0.1% (84.4% percentile)[13] 5. 通信: -4.7% (89.7% percentile)[13] 5. ETFs - **Top 5 ETFs by Large Order Transaction Amount Ratio (5-Day Average)**: 1. 华泰柏瑞中证A500ETF (92.9%, 96.3% percentile)[15] 2. 易方达中证A500ETF (91.6%, 100.0% percentile)[15] 3. 国泰中证A500ETF (91.5%, 15.6% percentile)[15] 4. 华泰柏瑞沪深300ETF (91.0%, 99.2% percentile)[15] 5. 易方达沪深300ETF (91.0%, 99.6% percentile)[15] - **Top 5 ETFs by Net Active Buy Amount Ratio (5-Day Average)**: 1. 东财上证科创板50成份ETF (23.4%, 100.0% percentile)[16] 2. 海富通上证城投债ETF (20.9%, 88.5% percentile)[16] 3. 国泰上证10年期国债ETF (15.6%, 61.3% percentile)[16] 4. 富国创业板人工智能ETF (14.3%, 65.9% percentile)[16] 5. 嘉实中证稀土产业ETF (14.1%, 92.6% percentile)[16]

天津经济技术开发区第二大街62号泰达MSD-B2座306 Tel: 86-22-25326960 25326966 25326759 25326760 Fax: 86-22-25326959 PC:300457 天津市南开区水上公园北道鲁能国际中心10层1019-1020 Tel:86-22-87192100 87192101 Fax: 86-22-25326959 Http://www.tedalawfirm.com E-mail: teda@tedalawfirm.com 天津津滨发展股份有限公司 2025 年第一次临时股东会 法 律 意 见 书 致：天津津滨发展股份有限公司 根据《中华人民共和国公司法》（以下简称"公司法"）、《中华人民 共和国证券法》（以下简称"证券法"）、《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（2025 年修订）》、《深圳证 券交易所上市公司股东大会网络投票实施细则（2020 年修订）》（以下简 称"《股东大会网络投票实施细则》"）及深圳证券交易所《关于修改部分 业务规则和业务指南的通知》，以及《天津津滨发展股份有限公司章程》 （以下简称"公司章程" ...

证券代码：000897 公司简称：津滨发展 公告编号：2025-28 天津津滨发展股份有限公司 2025年第一次临时股东会决议暨取消监事会的公告 本公司及全体董事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。 重要内容提示： ●本次股东会无增加、修改议案的情形；未出现否决提案的情形。 ●本次股东会无涉及变更以往股东会已通过的决议。 ●本次会议以现场投票和网络投票相结合的方式召开。 ●为尊重中小投资者利益，本次股东会所提议案均对中小投资者的表决单独计票。 一、会议召开和出席情况 1、会议召开情况 （1）现场会议时间：2025 年 12 月 26 日下午 14:00 （2）网络投票时间：2025 年 12 月 26 日。其中，通过深交所交易系统进行网络投票的 具体时间为 2025 年 12 月 26 日 9:15～9:25，9:30～11:30，13:00～15:00；通过深交所互 联网投票系统投票的具体时间为 2025 年 12 月 26 日 9:15～15:00 期间的任意时间。 （3）召开地点：天津市干部俱乐部内八号楼会议室 （4）召开方式：现场投票和网络投票相结合的方式； ...

Group 1 - The core viewpoint of the article indicates that the Tianjin state-owned enterprise reform sector experienced a decline of 1.66% on December 11, with Jinbin Development leading the drop [1] - On the same day, the Shanghai Composite Index closed at 3873.32, down by 0.7%, while the Shenzhen Component Index closed at 13147.39, down by 1.27% [1] - The main capital flow in the Tianjin state-owned enterprise reform sector showed a net outflow of 43.98 million yuan, with retail investors contributing a net inflow of 16.76 million yuan [1] Group 2 - The article provides a detailed table of individual stock performances within the Tianjin state-owned enterprise reform sector, highlighting the variations in stock prices [1] - The net inflow from speculative funds was recorded at 27.22 million yuan, indicating a mixed sentiment among different types of investors [1] - The overall market performance reflects a broader trend of decline in the stock indices, suggesting potential challenges in the market environment [1]

Core Viewpoint - The real estate sector in China experienced a significant decline, with multiple stocks showing substantial losses during the trading session, reversing a previous rally [1] Group 1: Stock Performance - China Wuyi (000797) saw a drop of 7.17%, with a total market capitalization of 65.03 billion [2] - Huaxia Happiness (600340) decreased by 6.39%, with a market cap of 9.745 billion [2] - Yunnan City Investment (600239) fell by 5.45%, with a market value of 3.902 billion [2] - Tiandi Source (600665) declined by 5.22%, with a market cap of 2.981 billion [2] - Rong'an Real Estate (000517) dropped by 5.08%, with a market capitalization of 5.954 billion [2] - Other notable declines include Electronic City (-4.99%), Jinbin Development (-4.45%), and Beichen Industrial (-4.37%) [2] Group 2: Year-to-Date Performance - Year-to-date, China Wuyi has increased by 49.46% despite the recent drop [2] - Huaxia Happiness has seen a decline of 7.43% year-to-date [2] - Yunnan City Investment has decreased by 8.99% since the beginning of the year [2] - Tiandi Source has a year-to-date increase of 10.22% [2] - Rong'an Real Estate has experienced a significant year-to-date decline of 16.14% [2]

Core Viewpoint - The company has announced the reappointment of Da Xin Accounting Firm for the 2025 financial and internal control audit, with audit fees remaining unchanged from 2024 [2] Group 1: Company Announcement - The company will hold the second meeting of the eighth board of directors on December 9, 2025, to review the proposal for the reappointment of Da Xin Accounting Firm [2] - The total audit fees for 2025 are set at 978,000 yuan, which includes 733,500 yuan for financial audit and 244,500 yuan for internal control audit [2] - This proposal is subject to approval by the company's shareholders [2]

（编辑 任世碧） 证券日报网讯 12月9日晚间，津滨发展发布公告称，公司将于2025年12月15日起迁入新办公地址，办公 地址变更为天津市河西区友谊路7号鑫银大厦25层，邮政编码变更为300201，注册地址、投资者联系电 话等其他联系方式保持不变。 ...