天保基建股价报4.57元，较前一交易日下跌0.02元，跌幅0.44%。盘中最高触及4.84元，最低下探4.56 元，振幅达6.10%，成交额4.11亿元，换手率7.96%。 8月21日盘中，天保基建曾快速回调，5分钟内跌幅超过2%，成交1.87亿元。当日主力资金净流入 2369.96万元，近五日主力资金累计净流入5100.16万元。 风险提示：股市有风险，投资需谨慎。 天保基建主营业务为房地产开发与经营，公司位于天津，涉及大飞机等概念。2025年中报业绩预增。 ...

Group 1 - Tianbao Infrastructure (000965) closed at 4.47 yuan, down 4.08% with a turnover rate of 10.44% and a trading volume of 1.1583 million hands, amounting to 527 million yuan [1] - The latest quarterly report shows total operating revenue of 169 million yuan, a year-on-year decrease of 34.62%, while net profit attributable to shareholders reached 100 million yuan, a year-on-year increase of 737.29% [1] - The company has a current ratio of 2.104, a quick ratio of 0.240, and a debt-to-asset ratio of 57.38% [1] Group 2 - Tianbao Infrastructure has made investments in 12 companies and participated in 42 bidding projects [2] - The company holds 22 trademark registrations and has 3 administrative licenses [2]

Investment Rating - The industry rating is optimistic, expecting overall returns to exceed the CSI 300 index by more than 5% in the next six months [11]. Core Insights - The report highlights that the real estate sector is experiencing a positive market trend, with the Shanghai Composite Index and Shenzhen Composite Index rising by 0.34% and 1.42% respectively on August 11, 2025. The Shenwan Real Estate Index increased by 1.24% [3]. - Specific developments include the planning adjustments in Shenzhen's Guangming District, which involve four residential land plots with varying land areas and floor area ratios [5]. - Guangzhou's state-owned enterprise, Zhujiang Real Estate, has initiated a price guarantee action for seven projects, promising to compensate buyers for price differences until the end of the year [6]. Market Performance - The top five performing stocks in the real estate sector include Shen Property A, Wantong Development, Tianbao Construction, Fuxing Shares, and Jintou City Development, with respective increases of 10.01%, 9.96%, 6.65%, 6.41%, and 6.01%. Conversely, the largest declines were seen in Rongfeng Holdings, Yatong Shares, Huali Family, Guangming Real Estate, and Shangshi Development, with decreases of -4.81%, -2.92%, -1.70%, -1.11%, and -1.04% [4]. Company Announcements - Huazhong City Holdings announced a suspension of trading due to a court-ordered liquidation [9]. - Zhuhai Huafa Industrial Co., Ltd. adjusted the coupon rate of its corporate bonds from 3.90% to 2.30%, with a total issuance of 2 billion yuan and a maturity of five years [9]. Industry News - The Shenzhen Intermediate People's Court announced the auction of the Shenzhen Huangting Plaza, with an estimated value of 4.361 billion yuan and a starting price of approximately 3.053 billion yuan [8].

Group 1 - The legal opinion letter is issued by Tianjin Senyu Law Firm regarding the third extraordinary general meeting of shareholders of Tianjin Tianbao Infrastructure Co., Ltd. scheduled for July 24, 2025 [1][2] - The meeting was announced through various channels, including China Securities Journal and Securities Times, detailing the time, location, convenor, attendees, agenda, voting rules, and registration methods [2][3] - A total of 540 shareholders participated in the meeting, representing 574,160,516 shares, which accounts for 51.7341% of the total voting shares [3][5] Group 2 - The meeting was presided over by the company's chairman, Hou Haixing, and the attendance and qualifications of participants were confirmed to comply with relevant laws and regulations [3][5] - The convenor of the meeting was the company's board of directors, which is deemed qualified to convene the shareholders' meeting [5] - The resolutions discussed during the meeting were consistent with those outlined in the meeting notice, with no new proposals introduced by the shareholders [5][6] Group 3 - Voting was conducted through a combination of on-site and online platforms, with the results showing 573,274,666 shares in favor, representing 99.8457% of the valid votes cast [6] - The voting results for minority shareholders indicated 2,278,770 shares in favor, accounting for 5.5808% of the valid votes from minority shareholders [6] - The legal opinion concludes that all procedures, qualifications, and voting results of the meeting are in compliance with applicable laws and the company's articles of association, rendering the resolutions valid [6]

2025 年第三次临时股东大会决议公告 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。 证券代码：000965 证券简称：天保基建 公告编号：2025-36 天津天保基建股份有限公司 特别提示： 1、本次股东大会未出现否决提案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、召开时间 （1）现场会议时间：2025年7月24日（星期四）下午2:30 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投 票的时间为2025年7月24日上午9:15至9:25，9:30至11:30和下午 1:00至3:00；通过互联网投票系统投票的时间为2025年7月24日上 午9:15至下午3:00。 2、召开地点：天津空港经济区西五道35号汇津广场一号楼公 司八楼会议室 3、召开方式：采取现场投票与网络投票相结合的方式 4、召集人：公司董事会 1 5、主持人：董事长侯海兴先生 通过现场和网络投票的中小股东539人，代表股份3,164,620股， 占公司有表决权股份总数的0.2851％。 其中：通过现场投票的中小股东 ...

天津森宇律师事务所 关于天津天保基建股份有限公司 2025 年第三次临时股东大会的 致：天津天保基建股份有限公司 法律意见书 一、关于本次股东大会的召集、召开的程序 2025 年 7 月 8 日，公司第九届董事会第二十六次会议决议召开 2025 年第三次临 时股东大会，并于 2025 年 7 月 9 日在《中国证券报》、《证券时报》及巨潮资讯网 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》等有关法律、行政法规、规范性文件以及《天津天保基建股份有限公 司章程》（以下简称"《公司章程》"）的规定，天津森宇律师事务所接受天津天 保基建股份有限公司（以下简称"公司"）的委托，指派本所张贝贝律师、毛艾婷 律师出席公司 2025 年第三次临时股东大会（以下简称"本次股东大会"），并出具 本法律意见书。 为出具本法律意见书，本所律师审查了《公司章程》、公司董事会为召开本次 股东大会所做的董事会决议、公告文件、出席本次股东大会股东或股东委托代理人 的登记证明等相关必要的文件和资料。同时，本所已得到公司的书面确认，即公司 提供给本所律师的所有文件及相关资料均是真实、完整、有效的，无任何隐瞒 ...

Group 1 - The Yarlung Tsangpo River downstream hydropower project has officially commenced with a total investment of approximately 1.2 trillion yuan, aiming to build five tiered power stations primarily for electricity transmission and local consumption in Tibet [1] - The Ministry of Industry and Information Technology (MIIT) plans to accelerate the development of biomanufacturing and low-altitude industries, while promoting innovation in future industries such as humanoid robots and brain-computer interfaces [2][3] - The MIIT and the National Development and Reform Commission (NDRC) are set to issue work plans to stabilize growth in key industries including steel, non-ferrous metals, petrochemicals, and building materials [2][3] Group 2 - The U.S. Department of Commerce has imposed a preliminary anti-dumping duty of 93.5% on Chinese imported anode-grade graphite, citing unfair subsidies [5] - The State Administration for Market Regulation has urged major platform companies like Ele.me, Meituan, and JD.com to standardize promotional activities and foster a healthy competitive environment in the food service industry [6] - A meeting was held to discuss the regulation of the new energy vehicle industry, focusing on enhancing supervision and monitoring product prices and quality [8] Group 3 - The China Iron and Steel Association has proposed a new mechanism for capacity governance to prevent overcapacity risks in the steel industry and to eliminate irrational competition [10] - Yu Shu Technology has initiated its listing guidance, with its controlling shareholder holding approximately 34.76% of the company's shares [11] - Multiple provinces are planning to establish companies to develop local cultural creative Moutai liquor, with participation from distributors based on their allocation of Moutai products [12] Group 4 - As of July 18, 1551 A-share listed companies have released performance forecasts for the first half of 2025, with 26 companies expecting a net profit increase of over 1000% year-on-year [14] - Longhua Automobile reported a net profit of 6.337 billion yuan for the first half of the year, reflecting a year-on-year decline of 10.22% [19] - The major shareholder of Hongbaoli plans to reduce its stake by up to 2% [20]

Group 1 - The A-share market saw a rise in several real estate stocks, with Tianbao Infrastructure (000965) hitting the daily limit, and other stocks like Yucheng Development (000514), New Huangpu (600638), and Dayue City (000031) also experiencing gains [1] - The Central Urban Work Conference was held in Beijing from July 14 to 15, emphasizing the need for high-quality urban development and a focus on modernizing cities with characteristics unique to China [1][3] - The conference highlighted the transition of urbanization in China from rapid growth to stable development, shifting the focus from large-scale expansion to improving existing urban quality and efficiency [3] Group 2 - The conference outlined seven key tasks for urban work, aiming to enhance urban governance and development strategies [4] - Specific stock performance data showed significant increases, with Tianbao Infrastructure rising by 9.98% and achieving a year-to-date increase of 58.42%, while Yucheng Development increased by 5.81% with a year-to-date rise of 63.99% [2]

Core Viewpoint - The A-share listed companies are entering a peak period for mid-year performance forecasts, with a significant increase in the number of companies announcing their forecasts compared to the previous week [1] Group 1: Performance Forecasts - A total of 455 listed companies in Shanghai, Shenzhen, and Beijing announced mid-year performance forecasts from July 7 to July 13, a substantial increase from 32 companies in the previous week [1] - Among these, 210 companies are from the Shanghai main board, 8 from the Shanghai STAR Market, 214 from the Shenzhen main board, 22 from the Shenzhen Growth Enterprise Market, and 1 from the Beijing Stock Exchange [1] Group 2: Companies with Significant Profit Growth - Ten companies forecasted a mid-year net profit growth lower limit exceeding 1000%, with Sanhe Pile leading at a net profit growth rate of 3090.81% to 3888.51% [2] - Other notable companies include Muyuan Foods, which expects a net profit of 1.02 billion to 1.07 billion yuan, and Northern Rare Earth, anticipating a net profit of 900 million to 960 million yuan [4][5] Group 3: Factors Influencing Performance - Sanhe Pile attributes its performance improvement to market demand, focusing on core businesses in emerging fields such as photovoltaics, wind power, and water conservancy, alongside effective cost control and product structure improvement [3] - Muyuan Foods reported a significant increase in operating performance due to higher pig sales and lower breeding costs compared to the same period last year [5] - Northern Rare Earth expects a non-GAAP net profit growth of 5538.33% to 5922.76%, driven by a full order book and an optimistic outlook on future rare earth prices [5] Group 4: Overall Market Sentiment - Among the 455 companies that released forecasts, 139 predicted losses, and 152 anticipated a decline in net profit, indicating a notable increase in the proportion of companies forecasting negative performance compared to the previous week [5]

Group 1 - The real estate sector has experienced a short-term decline, with specific companies like Yucheng Development (000514) dropping over 7% [1] - Other companies in the sector, including Everbright Jiabao (600622), Tianbao Infrastructure (000965), Shoukai Co., Ltd. (600376), and Rong'an Real Estate (000517), also saw declines [1]