Group 1 - The core announcement is about the change of the company's sponsor representatives, with Xia Yuehua and Ding Wanquan appointed as the new continuous supervision sponsor representatives [1]

证券代码：002188 证券简称：中天服务 公告编号：2026-003 中天服务股份有限公司 关于变更持续督导保荐代表人的公告 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、误导性陈述或重大遗漏。 中天服务股份有限公司(以下简称"公司")近日收到国盛证券股份有限公司 （以下简称"国盛证券"）出具的《国盛证券股份有限公司关于更换中天服务股 份有限公司向特定对象发行A股股票并在主板上市项目持续督导保荐代表人的通 知》，具体情况如下： 丁万强 先生，保荐代表人，注册会计师，注册税务师。曾参与安科瑞电气 股份有限公司非公开发行股份项目、杭州当虹科技股份有限公司首次公开发行股 票并在科创板上市项目、浙江帕瓦新能源股份有限公司首次公开发行股票并在科 创板上市项目、诺力智能装备股份有限公司年报审计项目、浙江伟星实业发展股 份有限公司年报审计项目，并参与多家拟上市企业改制辅导工作。 由于原指定的持续督导保荐代表人林朋先生工作发生变动，其不再负责公司 的持续督导工作，国盛证券委派保荐代表人丁万强先生接替其担任公司的持续督 导保荐代表人，自 2026 年 2 月 13 日起履行持续督导职责。（丁万强先 ...

Core Viewpoint - The stock price of Zhongtian Service (002188) has shown a downward trend, closing at 7.15 yuan on February 12, 2026, down 1.79% from 7.28 yuan on February 6, 2026, with a trading range of 5.77% [1][3] Market Performance - The trading volume has gradually decreased, with a turnover rate of 2.38% on February 12, indicating a decline in market activity [1] - On the same day, there was a net inflow of 411,500 yuan from institutional investors, while retail investors experienced a net outflow, resulting in a neutral overall funding situation [1] Institutional Insights - A valuation report released on February 11, 2026, by Securities Star indicates that Zhongtian Service's relative valuation range is between 5.92 and 6.54 yuan, suggesting that the current stock price is on the higher end of this range [2] - The report rates the accuracy of the company's valuation as C-level (low), highlighting a weak competitive moat and average profitability, with limited future revenue growth potential [2] Recent Events - The valuation report has drawn market attention, emphasizing that the company's fundamentals do not meet the industry average [3] - There have been no other significant announcements or events from the company in the past week, with the main focus being on valuation analysis and stock price fluctuations [3]

Core Insights - The real estate service sector experienced a significant increase of 3.94% on February 4, with "I Love My Home" leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] Group 1: Stock Performance - "I Love My Home" (code: 000560) closed at 3.61, with a rise of 10.06% and a trading volume of 4.1629 million shares [1] - "Te Fa Service" (code: 300917) saw a closing price of 42.50, increasing by 6.52% with a trading volume of 166,900 shares [1] - "World Union" (code: 002285) closed at 2.87, up 5.90%, with a trading volume of 984,700 shares [1] - "Huangting International" (code: 000056) closed at 1.88, increasing by 5.03% with a trading volume of 944,200 shares [1] - "Zhongshan Service" (code: 002188) closed at 7.24, up 1.69%, with a trading volume of 250,600 shares [1] Group 2: Capital Flow - The real estate service sector saw a net inflow of 335 million yuan from institutional investors, while retail investors experienced a net outflow of 155 million yuan [2] - "I Love My Home" had a net inflow of 254 million yuan from institutional investors, but a net outflow of 168 million yuan from retail investors [3] - "Te Fa Service" recorded a net inflow of 46.64 million yuan from institutional investors, with a net outflow of 23.48 million yuan from retail investors [3]

Market Performance - The real estate service sector increased by 1.52% on February 3, with TeFa Service leading the gains [1] - The Shanghai Composite Index closed at 4067.74, up 1.29%, while the Shenzhen Component Index closed at 14127.1, up 2.19% [1] Individual Stock Performance - TeFa Service (300917) closed at 39.90, up 3.07% with a trading volume of 86,200 shares and a transaction value of 3.47 billion [1] - World Union (002285) closed at 2.71, up 3.04% with a trading volume of 491,800 shares and a transaction value of 133 million [1] - ST Mingcheng (600136) closed at 1.75, up 2.34% with a trading volume of 166,100 shares and a transaction value of 28.86 million [1] - I Love My Home (000560) closed at 3.28, up 2.18% with a trading volume of 1,884,200 shares and a transaction value of 616 million [1] - Zhongtian Service (002188) closed at 7.12, up 2.15% with a trading volume of 284,700 shares and a transaction value of 204 million [1] Capital Flow Analysis - The real estate service sector experienced a net outflow of 5.73 million from institutional investors and 30.98 million from speculative funds, while retail investors saw a net inflow of 36.70 million [2] - The capital flow for individual stocks shows that I Love My Home had a net outflow of 15.62 million from institutional investors, while retail investors had a net inflow of 10.58 million [3] - World Union had a net inflow of 6.67 million from institutional investors, but a net outflow of 13.87 million from speculative funds [3]

Market Overview - On January 29, the real estate service sector rose by 4.56% compared to the previous trading day, with TeFa Service leading the gains [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] Stock Performance - TeFa Service (300917) closed at 42.60, up 10.13% with a trading volume of 220,900 shares [1] - Zhujiang Shares (600684) closed at 4.92, up 10.07% with a trading volume of 824,500 shares [1] - Wo Ai Wo Jia (000560) closed at 3.33, up 9.90% with a trading volume of 3,395,100 shares [1] - Other notable performers include Shilianhang (002285) up 5.13% and Zhaoshang Jiyu (001914) up 3.50% [1] Capital Flow - The real estate service sector saw a net inflow of 461 million yuan from institutional investors, while retail investors experienced a net outflow of 179 million yuan [2] - The main capital flow data indicates that Wo Ai Wo Jia had a net inflow of 257 million yuan from institutional investors, but a net outflow of 121 million yuan from retail investors [3] - Zhujiang Shares also had a significant net inflow of 121 million yuan from institutional investors, with a net outflow of 70 million yuan from retail investors [3]

Market Overview - The real estate service sector increased by 1.03% on January 28, with TeFa Service leading the gains [1] - The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1] Individual Stock Performance - TeFa Service (300917) closed at 38.68, up 2.33% with a trading volume of 65,900 shares and a transaction value of 253 million [1] - Wo Ai Wo Jia (000560) closed at 3.03, up 1.68% with a trading volume of 1.5174 million shares and a transaction value of 458 million [1] - Ningbo Fuda (600724) closed at 6.82, up 1.64% with a trading volume of 197,200 shares and a transaction value of 135 million [1] - Other notable performances include: - Zhaoshang Jiyu (001914) at 11.73, up 1.12% [1] - Shilianhang (002285) at 2.73, up 1.11% [1] - ST Mingcheng (600136) at 1.71, up 0.59% [1] - New Dazheng (002968) at 13.34, up 0.53% [1] - Nandu Property (603506) at 14.16, unchanged [1] - Zhujiang Co. (600684) at 4.47, down 0.45% [1] - Huangting International (000056) at 2.02, down 1.46% [1] Capital Flow Analysis - The real estate service sector saw a net inflow of 55.558 million from institutional investors, while retail investors experienced a net outflow of 40.3931 million [2] - Notable capital flows for individual stocks include: - Wo Ai Wo Jia (000560) had a net inflow of 55.6157 million from institutional investors [3] - Ningbo Fuda (600724) had a net inflow of 7.4156 million from institutional investors [3] - TeFa Service (300917) had a net inflow of 6.7338 million from institutional investors [3] - Zhaoshang Jiyu (001914) had a net inflow of 4.7044 million from institutional investors [3] - ST Mingcheng (600136) had a net inflow of 3.8735 million from institutional investors [3] - Conversely, stocks like Zhongtian Service (002188) and Huangting International (000056) experienced significant net outflows from institutional investors [3]

Core Viewpoint - The real estate service sector experienced a decline of 0.44% on January 23, with TeFa Service leading the drop. Meanwhile, the Shanghai Composite Index rose by 0.33% and the Shenzhen Component Index increased by 0.79% [1]. Group 1: Market Performance - The closing price of TeFa Service was 39.84, reflecting a decrease of 3.65% with a trading volume of 100,900 shares and a transaction value of 402 million yuan [2]. - The real estate service sector saw a net outflow of 125 million yuan from major funds, while retail investors contributed a net inflow of 165 million yuan [2][3]. Group 2: Individual Stock Performance - The stock performance of various companies in the real estate service sector showed mixed results, with notable declines in TeFa Service, which fell by 3.65%, and Wo Ai Wo Jia, which decreased by 0.63% [2]. - The trading volume and transaction values for key stocks included: - Wo Ai Wo Jia: 3.14, -0.63%, 1.71 million shares, 536 million yuan [2] - New Dazheng: 14.18, +0.50%, 58,000 shares, 80.91 million yuan [2] - ST Mingcheng: 1.71, +1.18%, 137,300 shares, 23.38 million yuan [2]. Group 3: Fund Flow Analysis - Major funds showed significant outflows in several stocks, including: - Wo Ai Wo Jia: -37.63 million yuan, -7.02% [3] - Ningbo Fuda: -19.99 million yuan, -12.08% [3] - Shijian Hang: -10.16 million yuan, -6.04% [3]. - Retail investors showed a positive net inflow in several stocks, with New Dazheng receiving a net inflow of 521,000 yuan, representing 6.44% of its trading volume [3].

Market Overview - On January 22, the real estate service sector rose by 0.29% compared to the previous trading day, with Huangting International leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] Individual Stock Performance - Huangting International (000056) closed at 2.10, up 1.94%, with a trading volume of 400,500 shares and a transaction value of 83.39 million yuan [1] - Ningbo Fuda (600724) closed at 6.83, up 1.49%, with a trading volume of 270,200 shares and a transaction value of 186 million yuan [1] - ST Mingcheng (600136) closed at 1.69, up 1.20%, with a trading volume of 102,000 shares and a transaction value of 17.16 million yuan [1] - Zhongtian Service (002188) closed at 6.81, up 1.19%, with a trading volume of 169,000 shares and a transaction value of 114 million yuan [1] - Nandu Property (603506) closed at 14.46, up 0.84%, with a trading volume of 36,800 shares and a transaction value of 53.12 million yuan [1] - Other notable performances include: - China Merchants Jiyu (001914) at 11.73, up 0.43% [1] - Wo Ai Wo Jia (000560) at 3.16, unchanged [1] - Shilianhang (002285) at 2.86, unchanged [1] - Tefa Service (300917) at 41.35, down 0.58% [1] - Xinda Zheng (002968) at 14.11, down 1.40% [1] Capital Flow Analysis - The real estate service sector experienced a net outflow of 88.39 million yuan from institutional investors, while retail investors saw a net inflow of 94.48 million yuan [2] - The detailed capital flow for individual stocks shows: - Tefa Service (300917) had a net inflow of 2.93 million yuan from institutional investors [3] - ST Mingcheng (600136) had a net inflow of 1.67 million yuan from institutional investors [3] - Huangting International (000056) had a net inflow of 1.21 million yuan from institutional investors [3] - Other stocks like Zhujiang Co. (600684) and Xinda Zheng (002968) faced significant net outflows from institutional investors [3]

中天服务股份有限公司 关于持续督导机构更名的公告 近日，公司收到国盛证券通知，其公司名称"国盛证券有限责任公司"变更 为"国盛证券股份有限公司"，后续将以新的公司名称开展业务与管理活动。 证券代码：002188 证券简称：中天服务 公告编号：2026-002 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、误导性陈述或重大遗漏。 中天服务股份有限公司(以下简称"公司") 向特定对象发行A股股票已于 2024年12月10日在深圳证券交易所主板上市, 国盛证券有限责任公司（以下简称 "国盛证券"）为本次向特定对象发行A股股票的保荐人和持续督导机构。 中天服务股份有限公司 董事会 二〇二六年一月二十三日 上述变更不属于更换持续督导机构事项。原"国盛证券有限责任公司"与公 司之间签署的法律文件继续有效，由"国盛证券股份有限公司"继续履行。 特此公告。 ...