证券代码：002124 证券简称：天邦食品 公告编号：2025-057 | 年份 | 月份 | | 销售数量（万头） | | 销售收入（万元） | 商品肥猪均价 （元/公斤） | | --- | --- | --- | --- | --- | --- | --- | | | | 当期 | 累计 | 当期 | 累计 | 当期 | | 2024 | 6 | 49.51 | 301.83 | 79,806.23 | 398,620.83 | 18.25 | | | 7 | 52.94 | 354.77 | 85,934.09 | 484,554.92 | 18.94 | | | 8 | 51.75 | 406.52 | 87,734.28 | 572,289.21 | 20.31 | | | 9 | 43.64 | 450.16 | 81,941.14 | 654,230.34 | 19.17 | | | 10 | 48.44 | 498.61 | 72,875.20 | 727,105.54 | 17.59 | | | 11 | 46.30 | 544.91 | 68,387.84 | 795,493.38 | ...

Core Insights - The company Tianbang Food (002124) reported sales of 506,300 commodity pigs in June 2025, including 175,400 piglets, generating a revenue of 675 million yuan with an average selling price of 15.88 yuan per kilogram, showing a month-on-month change of 1.08%, -4.01%, and -2.52% respectively [1] - For the first half of 2025, the company sold 2.9582 million commodity pigs, including 950,300 piglets, with a total revenue of 4.143 billion yuan and an average selling price of 16.19 yuan per kilogram, reflecting a year-on-year change of -1.99%, 3.94%, and -1.16% respectively [1] Sales Performance - In June 2025, the sales volume of commodity pigs was 506,300 heads, with piglet sales accounting for 175,400 heads [1] - The revenue for June 2025 was 675 million yuan, with an average price of 15.88 yuan per kilogram [1] - The sales volume for the first half of 2025 reached 2.9582 million heads, with piglet sales at 950,300 heads [1] Revenue Analysis - The total revenue for the first half of 2025 was 4.143 billion yuan, with an average selling price of 16.19 yuan per kilogram [1] - The year-on-year revenue change for the first half of 2025 was 3.94% [1] - The month-on-month revenue change for June 2025 showed a decrease of 4.01% compared to the previous month [1]

Group 1 - Kanghong Pharmaceutical received a drug registration certificate for Lifisig Eye Drops, approved for treating dry eye symptoms [1] - Kanghong Biotech, a wholly-owned subsidiary, received clinical trial approval for KH813 injection for metastatic non-squamous non-small cell lung cancer [1] - Kanghong Pharmaceutical was established in October 1996, focusing on drug and medical device research, production, and sales [1] Group 2 - Guoyuyuan's subsidiary received a government subsidy of 7.5521 million yuan, accounting for 10.14% of the company's audited net profit for 2024 [2] - Guoyuyuan was founded in November 1996, specializing in drug research, production, and sales [3] Group 3 - Haicheng Bonda's subsidiary signed a lease termination agreement, incurring a termination fee of 3.35 million USD [4] - Haicheng Bonda was established in December 2009, providing comprehensive modern logistics services [4] Group 4 - Hongxin Electronics' subsidiary signed contracts totaling 373 million yuan for computing power business [5] - Hongxin Electronics was founded in September 2003, focusing on FPC research, design, manufacturing, and sales [6] Group 5 - Tianbang Food reached a settlement agreement regarding a 1.214 billion yuan lawsuit, agreeing to repay 410 million yuan over 36 months [8] - Tianbang Food was established in September 1996, specializing in pig farming and pork processing [9] Group 6 - Daoshi Technology's controlling shareholder plans to reduce holdings by up to 1.97% of the company's shares [10] - Daoshi Technology was founded in September 2007, focusing on ceramic color glazes and related products [10] Group 7 - Jinpu Titanium is planning a major asset restructuring, leading to a stock suspension [10] - Jinpu Titanium was established in November 1989, specializing in titanium dioxide production and sales [11] Group 8 - Shenzhen Energy plans to invest 6.332 billion yuan in upgrading the Mawan Power Plant [12] - Shenzhen Energy was founded in August 1993, focusing on conventional and renewable energy development [13] Group 9 - Lihua Co. plans to reduce holdings by up to 3% of the company's shares [14] - Lihua Co. was established in June 1997, specializing in the breeding and sales of poultry [15] Group 10 - China Communications Construction Company plans to repurchase shares worth 500 million to 1 billion yuan [16] - China Communications Construction Company was founded in October 2006, focusing on infrastructure design and construction [17] Group 11 - Huatiankeji's subsidiary received a government subsidy of 80.6569 million yuan, accounting for 13.09% of the company's latest audited net profit [20] - Huatiankeji was established in December 2003, specializing in integrated circuit packaging and testing [21] Group 12 - Luxin Chuangtou plans to acquire shares in Hongke Electronics for a total of 9 million yuan [23] - Luxin Chuangtou was founded in November 1993, focusing on venture capital and industrial development [24] Group 13 - Feilong Co.'s controlling shareholder plans to reduce holdings by up to 563,250 shares [25] - Feilong Co. was established in January 2001, specializing in thermal management components for automotive and civil applications [26] Group 14 - Linglong Tire submitted an application for H-share listing on the Hong Kong Stock Exchange [27] - Linglong Tire was founded in June 1994, focusing on tire design, development, manufacturing, and sales [27] Group 15 - Saiwei Electronics plans to acquire 9.5% of its subsidiary's shares for up to 324 million yuan [28] - Saiwei Electronics was established in May 2008, focusing on MEMS chip development and semiconductor equipment [28] Group 16 - Suzhou Bank's major shareholder plans to increase holdings by no less than 400 million yuan [29] - Suzhou Bank was founded in December 2004, focusing on various banking services [29]

Core Viewpoint - Tianbang Food Co., Ltd. has signed a debt repayment agreement and other settlement agreements related to a significant lawsuit, which aims to resolve a share repurchase dispute with Anhui Guoyuan Tianbang Equity Investment Fund Co., Ltd. [1][2] Summary of Key Points 1. Basic Situation of the Lawsuit - The company was sued by Anhui Guoyuan Tianbang Equity Investment Fund Co., Ltd. for share repurchase disputes, with the case accepted by the Hefei Intermediate People's Court [1][2] - The lawsuit involves a claim for share repurchase funds and legal fees, with the case number (2024) Wan 01 Min Chu 594 [2] 2. Progress of the Major Lawsuit - After the second-instance judgment, the company engaged in negotiations with the plaintiff and reached a settlement agreement [2][3] - The board of directors approved the signing of the debt repayment agreement and related documents on June 27, 2025 [2][3] 3. Main Content of the Signed Agreements - The debt repayment agreement stipulates that the company will pay a total of 42 million yuan within 36 months, with specific payment terms and penalties for late payments [3][4] - The exit shareholding agreement allows the Anhui Provincial Agricultural Industrialization Development Fund Co., Ltd. to exit its shareholding in the company under certain conditions [4][5] 4. Other Litigation and Arbitration Matters - As of the announcement date, the company has not disclosed any other significant litigation or arbitration matters beyond those already reported [6][7] - The company has incurred small litigation and arbitration amounts totaling approximately 278.45 million yuan, accounting for 7.58% of the audited net assets for 2024 [6][7] 5. Potential Impact on Company Profits - The signing of the debt repayment and exit shareholding agreements is expected to alleviate the pressure on the company's assets during the pre-restructuring period [7] - The actual impact on the company's profits will depend on the final execution of the agreements and the results of annual audits [7]

证券代码：002124 证券简称：天邦食品 公告编号：2025-056 天邦食品股份有限公司 关于签署《债务归还协议书》等执行和解协议暨重大诉讼进展 及前期累计诉讼、仲裁进展的公告 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。 特别提示： 1、案件所处的诉讼阶段：法院二审已判决，各方签署《债务归还协议书》 等执行和解协议； 2025 年 1 月 13 日，公司收到安徽合肥中院出具的《民事判决书》（2024） 皖 01 民初 594 号，一审判决被告天邦食品、汉世伟集团于本判决生效之日起十 五 日 内 支 付 原 告 安 徽 国 元 天 邦 股 权 投 资 基 金 有 限 公 司 股 权 回 购 款 1,214,136,986 元（暂计算至 2024 年 4 月 29 日,此后以 1,000,000,000 元为基 数按年利率 8%计算至款清之日止）；被告天邦食品、汉世伟集团于本判决生效之 日起十五日内支付原告安徽国元天邦股权投资基金有限公司律师代理费 90,000 元、保全担保费 191,558.25 元。天邦食品及汉世伟集团已于 2025 年 1 月 27 ...

经协商，公司与安徽国元天邦股权投资基金有限公司达成执行和解，签署相 关和解协议。董事会同意签署《债务归还协议书》《退出持股协议书》等执行和 解协议，协议对还款进行了分期付款约定，有助于减轻公司财产在预重整期间被 债权人执行的压力。 证券代码：002124 证券简称：天邦食品 公告编号：2025-055 天邦食品股份有限公司 第九届董事会第二次临时会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或者重大遗漏。 天邦食品股份有限公司（以下简称"公司"）第九届董事会第二次临时会议 通知于2025年6月26日以电话及电子邮件方式向全体董事发出，会议于2025年6月 27日在上海以通讯方式召开。会议由张邦辉先生主持，应出席会议董事7人，实 际出席会议董事7人。会议的召集和召开符合《中华人民共和国公司法》和《公 司章程》的有关规定，决议合法有效。本次会议审议通过了如下议案： 一、会议以7票赞成，0票反对，0票弃权审议通过《关于签署<债务归还协议 书>等执行和解协议的议案》； 《关于签署<债务归还协议书>等执行和解协议暨重大诉讼进展及前期累计 诉讼、仲裁进展的公告》于202 ...

Core Viewpoint - Tianbang Food has signed a restructuring investment agreement with eight financial investors, raising a total of 525 million yuan, which will help improve its financial structure and resolve debt issues [1][4]. Investment Agreement - Eight financial investors will invest a total of 525 million yuan for 250 million shares at a price of 2.1 yuan per share [2][4]. - The investment agreement stipulates a guarantee payment of 105 million yuan and a commitment not to transfer shares for 12 months after acquiring them [4][6]. - The final share price will be determined based on the higher of the average stock price over the last 20 trading days or 2.1 yuan per share [2][5]. Financial Performance - Tianbang Food's pig farming business has turned profitable, with a revenue of 6.282 billion yuan in 2024 and a gross margin of 25.63% [8]. - In the first five months of this year, the company sold 2.4518 million pigs, generating a revenue of 3.468 billion yuan, with an average selling price of 16.26 yuan per kilogram [8]. - The food processing segment has been struggling, with negative gross margins of -1.25%, -6.49%, and -1.49% from 2022 to 2024 [7][8]. Industry Context - The domestic pig farming industry has faced challenges due to a prolonged pig cycle, leading to liquidity issues for several leading companies [4]. - Tianbang Food has shifted its focus towards the food sector since 2022, although it has not yet achieved profitability in this area [7].

Company Restructuring Overview - Tianbang Food Co., Ltd. has signed a "Restructuring Investment Agreement" with several financial investors as part of its pre-restructuring process [1][3] - The company is currently undergoing pre-restructuring, with the court's acceptance of its restructuring application still uncertain [1][2] - The restructuring process aims to improve the company's asset-liability structure and promote sustainable development [1][2] Financial Investor Details - A total of 5 industrial investors and 2 financial investors have submitted formal application materials for the restructuring investment [2][3] - The financial investors include China Foreign Economic and Trade Trust Co., Ltd., Tianjin Meina Enterprise Management Partnership (Limited Partnership), Shanghai Yonglitong Private Fund Management Co., Ltd., Jiangsu Shuangyu Investment Co., Ltd., Hubei Huachu Guoke No. 12 Investment Partnership (Limited Partnership), Hainan Luhe Private Fund Management Co., Ltd., Shenzhen Xinrui Enterprise Management Co., Ltd., and Shenzhen Yusheng Fude Private Securities Investment Fund Management Co., Ltd. [3][4] Investment Agreement Highlights - The investment agreements with financial investors outline the purpose of providing funds to support the company's operational recovery and protect the interests of creditors, shareholders, and employees [33][37] - The agreements specify the number of shares to be acquired by each investor, with a share price set at 2.1 yuan per share [33][37] - The total investment amount required from the financial investors is 54.6 million yuan, which will be used for bankruptcy expenses, common debts, and repayment of various bankruptcy claims [34][35] Financial Data of Investors - China Foreign Economic and Trade Trust Co., Ltd. reported total assets of 1,647.43 million yuan and net assets of 1,544.18 million yuan [6] - Tianjin Meina Enterprise Management Partnership (Limited Partnership) has a registered capital of 11 million yuan and is primarily focused on restructuring investments [10][12] - Shanghai Yonglitong Private Fund Management Co., Ltd. has total assets of 203.70 million yuan and a net asset deficit of 434.26 million yuan [14][15] - Jiangsu Shuangyu Investment Co., Ltd. reported total assets of 28,208.74 million yuan and net assets of 22,487.02 million yuan [18][19] - Hubei Huachu Guoke No. 12 Investment Partnership (Limited Partnership) has minimal financial data available, indicating a nascent stage of operations [20][22] - Hainan Luhe Private Fund Management Co., Ltd. reported total assets of 1,250.5 million yuan and net assets of 1,190.1 million yuan [24][25] - Shenzhen Xinrui Enterprise Management Co., Ltd. has total assets of 20,512.14 million yuan and net assets of 3,384.41 million yuan [27][29] - Shenzhen Yusheng Fude Private Securities Investment Fund Management Co., Ltd. has total assets of 1,006.33 million yuan and a net asset deficit of 733.99 million yuan [31][32]

证券代码：002124 证券简称：天邦食品 公告编号：2025-054 天邦食品股份有限公司 关于与部分财务投资人签署《重整投资协议》 暨预重整进展的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或者重大遗漏。 重要内容提示： 1、预重整为法院正式受理重整前的程序，法院同意公司预重整，不代表法院最终 裁定受理公司重整，公司后续是否进入重整程序尚存在不确定性。公司将密切关注相 关情况并根据进展及时履行信息披露义务。 2、公司股票交易存在被实施退市风险警示的风险：若法院裁定受理公司重整，根 据《深圳证券交易所股票上市规则》的相关规定，公司股票将被实施退市风险警示。 3、公司股票存在终止上市的风险：如果法院正式受理对公司的重整申请且公司顺 利实施重整并执行完毕重整计划，将有利于改善公司资产负债结构，推动公司健康、可 持续发展。但即使法院正式受理对公司的重整申请，公司仍存在因重整失败而被宣告 破产的风险。如果公司被宣告破产，公司将被实施破产清算，根据《深圳证券交易所股 票上市规则》的相关规定，公司股票将面临被终止上市的风险。 2024 年 8 月 27 日，宁波中院作出（2 ...

Core Viewpoint - The announcement details the significant arbitration and litigation progress involving Tianbang Food Co., Ltd., particularly focusing on the pre-restructuring process of its subsidiary, Fuyang Agricultural Development Co., Ltd., which is undergoing bankruptcy proceedings due to its inability to repay debts [1][2][4]. Group 1: Arbitration and Litigation Details - The arbitration case initiated by Zhejiang Construction Investment Group against multiple companies, including Tianbang Food, involves a total claim of approximately 1.15 billion yuan (about 12.96 billion yuan) for construction payments and associated fees [4][5]. - The Hangzhou Intermediate People's Court has issued execution notices and rulings confirming the arbitration awards, which have become legally effective, leading to the enforcement actions against the involved parties [6][7]. - Fuyang Agricultural Development has applied for pre-restructuring due to its inability to settle due debts, and the court has recognized its potential for restructuring, appointing a temporary manager to oversee the process [9][10]. Group 2: Financial Impact and Future Outlook - The pre-restructuring process is expected to facilitate the early resolution of debts and improve communication with creditors, potentially enhancing the company's financial structure and operational sustainability [4][14]. - The company has indicated that the ongoing arbitration developments are not anticipated to significantly impact its current or future profits, with final effects to be determined by annual audit results [4][14]. - As of the announcement date, the company has disclosed additional minor litigation cases totaling approximately 276.71 million yuan, representing 7.53% of its audited net assets for 2024 [13].