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].

Core Viewpoint - Tianbang Food Co., Ltd. is undergoing a pre-restructuring process for its subsidiary Fuyang Agricultural Development Company, which aims to optimize its debt structure and improve operational sustainability and profitability [1][7]. Group 1: Arbitration and Legal Proceedings - The company has initiated arbitration against several entities, including Huzhou Wuxing Agricultural Development Co., Ltd., for construction contract disputes, claiming a total of approximately RMB 1.15 billion in payments and associated fees [1][2]. - The Hangzhou Arbitration Commission has issued five rulings that have become legally effective, and the company has applied for enforcement through the Hangzhou Intermediate People's Court [2][3]. - Fuyang Agricultural Development Company has applied for pre-restructuring due to its inability to repay debts, despite having potential for restructuring [4][5]. Group 2: Pre-restructuring Process - The court has decided to allow pre-restructuring activities to identify the restructuring value and feasibility of Fuyang Agricultural Development Company, which includes cooperation with a temporary manager [4][5]. - The temporary manager is tasked with investigating the company's financial situation, supervising compliance with restructuring guidelines, and facilitating negotiations with creditors and potential investors [5]. Group 3: Financial Impact and Future Outlook - The pre-restructuring process is expected to enhance the efficiency of debt resolution and improve the company's financial health, although it is not anticipated to significantly impact the current or future profits of Tianbang Food [7][8]. - The company has reported that it has no other undisclosed significant litigation or arbitration matters, aside from those already disclosed [6][7].

证券代码：002124 证券简称：天邦食品 公告编号：2025-053 天邦食品股份有限公司 关于公司重大仲裁及前期累计诉讼、仲裁的进展公告 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：执行阶段，案涉子公司执行转破产收到法院决定 预重整决定书。 2024 年 11 月，公司收到杭州仲裁委员会出具的（2024）杭仲 01 裁字第 545 号裁决书，裁决吴兴农发向申请人浙江建投支付建安工程费、管理费人民币 40,240,671.72 元和支付资金占用费、违约金、保全费、财产保全责任保险费以及 仲裁费，被申请人杭州汉世伟、天邦食品对上述裁决结果所确定的债务承担连带 清 偿 责 任 。 详 情 参 见 公 司 于 2024 年 11 月 27 日在巨潮资讯网 （http://www.cninfo.com.cn）披露的《关于公司及控股子公司仲裁事项结果的公 告》（公告编号：2024-122）。 2024 年 12 月，公司收到杭州中院出具的《执行通知书》及《执行裁定书》 等法律文书。杭州仲裁委员会出具的（2024）杭仲 01 裁字 ...

Core Viewpoint - Tianbang Food Co., Ltd. is undergoing a restructuring process due to financial difficulties, having signed a restructuring investment agreement with Xiamen Jianfa Property Co., Ltd. and is still negotiating with multiple financial investors for better investment terms [2][6]. Group 1: Restructuring Process - Tianbang Food announced its intention to apply for restructuring due to an inability to repay debts and a lack of solvency, but with potential for restructuring value [6]. - The Ningbo Intermediate Court approved the pre-restructuring process for Tianbang Food, which has been extended multiple times, with the latest extension until November 9, 2025 [6]. - The company has received formal applications from five industrial investors and two financial investors for the restructuring process [6]. Group 2: Financial Performance - Tianbang Food experienced significant financial volatility, with a net profit of -44.62 billion yuan in 2021, a drastic decline from a profit of 32.45 billion yuan in 2020, marking a year-on-year decrease of 237.50% [8]. - The company's revenues for 2022, 2023, and 2024 were 95.71 billion yuan, 102.3 billion yuan, and 96.44 billion yuan, respectively, with net profits fluctuating significantly [8]. - In 2024, Tianbang Food returned to profitability, reporting a net profit of 1.27 billion yuan in Q1 2025 [9]. Group 3: Debt Situation - The company's debt ratio has been high, reaching 86.73% in 2023, with total liabilities of 99.18 billion yuan at the end of 2024 [10]. - Tianbang Food faces a significant cash flow challenge due to a court ruling requiring it to pay over 12.14 billion yuan related to a share repurchase dispute [10].

证券代码：002124 证券简称：天邦食品 公告编号：2025-052 天邦食品股份有限公司 关于 2025 年度对外担保的进展公告 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、担保情况概述 （一）担保审议情况 公司于2025年3月28日第八届董事会第三十五次会议及2025年4月25日公司 2024年年度股东大会审议通过了《关于公司2025年对外担保的议案》，同意在有 效评估风险和保证资金（资产）安全的前提下，公司及控股子公司拟为合并报表 范围内公司提供担保、对子公司的客户、养殖场（户）、合作伙伴及其担保方提 供担保，担保总额度不超过152.6亿元。由公司股东大会、董事会另行做出决议的 担保或者已经履行完毕、期限届满的担保将不再占用上述授权额度。对外担保授 权额度有效期自2024年年度股东大会审议通过之日起至2025年年度股东大会召 开之日止。具体内容请详见披露于巨潮资讯网（http://www.cninfo.com.cn）的《关 于2025年度对外担保的公告》（公告编号：2025-026）。 （二）对外担保进展情况 （一）累计对外担保情况： 截至本公 ...

天邦食品股份有限公司 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， 证券代码：002124 证券简称：天邦食品 公告编号：2025-051 达的（2025）浙 02 破申 7 号《决定书》，宁波中院准许天邦食品的延期申请，延长天 邦食品股份有限公司的预重整期间至 2025 年 11 月 9 日。具体内容详见《关于与产业 投资人签署 <重整投资协议> 暨预重整进展的公告》（公告编号：2025-046）及《关于公 司收到法院延长预重整期限决定书的公告》（公告编号：2025-047）。 二、与财务投资人签署《重整投资协议》的进展情况 没有虚假记载、误导性陈述或者重大遗漏。 根据 2025 年 5 月 8 日天邦食品股份有限公司（以下简称"天邦食品"或"公司"） 与厦门建发物产有限公司（以下简称"建发物产"）签署的《重整投资协议》约定，公 司与财务投资人应于《重整投资协议》生效之日起二十个工作日内签署投资协议，目前 二十个工作日已届满，公司仍在与多家财务投资人进行商务谈判，以争取对公司更有 利的投资方案，现将相关事项公告如下： 一、公司重整及预重整事项概况 对天邦食品进行预重整。具体内容详见《关于法院决 ...

证券代码：002124 证券简称：天邦食品 公告编号：2025-051 天邦食品股份有限公司 关于与投资人签署《重整投资协议》的进展公告 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。 根据 2025 年 5 月 8 日天邦食品股份有限公司（以下简称"天邦食品"或"公司"） 与厦门建发物产有限公司（以下简称"建发物产"）签署的《重整投资协议》约定，公 司与财务投资人应于《重整投资协议》生效之日起二十个工作日内签署投资协议，目前 二十个工作日已届满，公司仍在与多家财务投资人进行商务谈判，以争取对公司更有 利的投资方案，现将相关事项公告如下： 一、公司重整及预重整事项概况 2024 年 8 月 9 日，宁波中院作出（2024）浙 02 民诉前调 595 号《决定书》，决定 对天邦食品进行预重整。具体内容详见《关于法院决定对公司进行预重整的公告》（公 告编号：2024-091）。 2024 年 8 月 27 日，宁波中院作出（2024）浙 02 民诉前调 595 号《通知书》，指 定北京大成律师事务所、浙江和义观达律师事务所、北京大成（宁波）律师事务所担任 天邦食 ...

天邦食品股份有限公司 2025 年 5 月份商品猪销售情况简报 证券代码：002124 证券简称：天邦食品 公告编号：2025-050 2025 年 5 月公司生猪屠宰头数 137,996 头，1-5 月份累计生猪屠宰头数 733,202 头。 上述数据未经审计，与定期报告披露的数据之间可能存在差异，因此仅作为阶段 性数据供投资者参考。 二、风险提示 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。 一、商品猪销售情况 公司 2025 年 5 月份销售商品猪 50.09 万头（其中仔猪销售 16.61 万头），销售收 入 70,332.23 万元，销售均价 16.29 元/公斤（商品肥猪均价为 14.62 元/公斤），环比变 动分别为 6.38%、1.83%、-0.02%。 2025 年 1-5 月销售商品猪 245.18 万头（其中仔猪销售 77.49 万头），销售收入 346,834.60 万元，销售均价 16.26 元/公斤（商品肥猪均价为 14.83 元/公斤），同比变动 分别为-2.83%、8.79%、4.97%。 上述数据统计口径仅包括公司控股子公 ...