Summary of Conference Call for Tianlun Industrial Company and Industry Overview - **Company**: Tianlun Industrial - **Industry**: Automotive components, specifically focusing on crankshafts and related products Key Points and Arguments Financial Performance - **Q3 Revenue**: The revenue for Q3 was 866 million, representing a decline of approximately 4% year-over-year [1] - **Net Profit**: Net profit was 82.6 million, down nearly 10% compared to the previous year, primarily due to increased base costs related to stock options [1][2] - **Year-to-Date Revenue**: As of the end of Q3, total revenue was 276.6 million, a decrease of about 6% compared to the same period last year [2] Market Position and Performance - **Market Share**: The company has a relatively high market share, which has helped it outperform the overall market decline in the domestic automotive industry, where sales dropped by 20% [3][4] - **Product Demand**: The company has seen an increase in demand for its products, particularly in the marine and automotive sectors, with a 20% increase in production capacity for marine crankshafts [4][5] Product Lines and Innovations - **Automotive Crankshafts**: The company resumed supplying automotive crankshafts, particularly to major clients like BYD, with a production capacity of 20,000 units per month [6] - **Pricing and Profit Margins**: The average price for automotive crankshafts ranges from 300 to 400, with profit margins between 22% and 24% [8] - **Marine Crankshafts**: Production for marine crankshafts was approximately 16,000 units in the first three quarters, with a focus on increasing production capacity [9] Industry Trends and Challenges - **Economic Impact**: The overall economic situation in China has led to a surplus in transport capacity, affecting demand despite government policies aimed at stimulating the market [11][12] - **Future Outlook**: The company anticipates a stronger demand in Q4, particularly driven by major clients like Weichai, with expectations of improved performance compared to the previous year [12] International Expansion - **Thailand Factory**: The company is progressing with its factory in Thailand, which aims to mitigate tariff impacts and enhance supply chain efficiency for international clients [15][16] - **Export Challenges**: The export business has faced challenges due to a cyclical downturn in the European commercial vehicle market, with a 20% decline in demand [16] Strategic Planning - **Investment Strategy**: The company plans to maintain a high dividend payout ratio, supported by strong cash flow and minimal capital expenditure needs in the near term [22] - **Adaptation to Market Changes**: The company is adjusting its strategy to accommodate shifts towards electric and hybrid vehicles, while maintaining a focus on traditional fuel engines [24][25] Conclusion - **Overall Performance**: The company expects to maintain performance levels similar to the previous year, with a focus on adapting to market conditions and leveraging its strong market position to navigate challenges [28][29]

Group 1: Company Overview and Market Position - Tianrun Industrial has a high market share, which helps mitigate the impact of market fluctuations compared to the heavy truck industry [1] - The company is focusing on large crankshafts and passenger car crankshafts, with a notable increase in demand for passenger car crankshafts due to the growth of hybrid models [2] Group 2: Production and Investment Plans - The Thai factory is being established to optimize global layout and mitigate tariff impacts, with all necessary procedures completed [2] - The company plans to shift some light truck production lines to passenger car crankshaft production, indicating a strategic adjustment in product structure [2] Group 3: Financial Performance and Profitability - The company maintains a net profit margin around 10%, with annual controllable cost reduction targets [3] - The gross profit margin for marine shafts is approximately 23%, while heavy truck crankshafts have a gross profit margin of 25%-26% [3] Group 4: Future Outlook and Strategic Adjustments - The company is preparing for future market changes by adjusting its strategic structure in response to the energy revolution [3] - There is an expectation of increased investment in air suspension lines in the coming years, reflecting growth in that segment [2]

证券代码：002283 证券简称：天润工业 公告编号：2024-048 天润工业技术股份有限公司 公司董事会审计委员会审议通过了此议案。 《2024年第三季度报告》内容详见公司同日在《证券时报》、《中国证 券报》、《上海证券报》、《证券日报》和巨潮资讯网（www.cninfo.com.cn） 上披露的公告。 2、会议以 8 票同意、0 票反对、0 票弃权，审议通过了《舆情管理制 度》。 第六届董事会第十四次会议决议公告 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。 一、会议召开情况 天润工业技术股份有限公司（以下简称"公司"）于 2024 年 10 月 15 日以电子邮件方式向全体董事发出关于召开第六届董事会第十四次会议 的通知，会议于 2024 年 10 月 25 日在公司会议室以现场和通讯表决相结 合的方式召开。会议由董事长邢运波先生主持，应出席董事 8 人，实际出 席董事 8 人，其中，董事孙海涛先生、曲国霞女士、孟红女士以通讯表决 的方式出席会议。公司全体监事列席了会议，会议的召开和表决符合《公 司法》和《公司章程》的有关规定。 二、会议审议情况 1 ...

天润工业技术股份有限公司 内幕信息知情人登记管理制度 第一章 总则 第一条 为规范天润工业技术股份有限公司（以下简称"公司"）的内幕信息 管理，加强内幕信息保密工作，维护信息披露的公平原则，保护广大投资者的合 法权益，根据《中华人民共和国公司法》、《中华人民共和国证券法》（以下简称 "《证券法》"）、《上市公司信息披露管理办法》、《上市公司监管指引第 5 号— 上市公司内幕信息知情人登记管理制度》、《深圳证券交易所股票上市规则》等有 关法律、法规、规范性文件及《公司章程》的有关规定，结合公司实际情况，制 定本制度。 第二条 公司董事会是内幕信息的管理机构，董事长为主要责任人，董事 会秘书负责办理公司内幕信息知情人的登记入档和报送事宜，证券办公室具体负 责公司内幕信息的日常管理工作。 公司董事会应当保证内幕信息知情人档案真实、准确和完整，监事会应当对 内幕信息知情人登记管理制度实施情况进行监督。 第三条 未经董事会批准同意，公司任何部门和个人不得向外界泄露、报 道、传送涉及公司内幕信息及信息披露的内容。 第二章 内幕信息及内幕信息知情人的范围 第四条 本制度所称内幕信息，是指根据《证券法》相关规定，涉及公司 的 ...

天润工业技术股份有限公司 舆情管理制度 第一章 总 则 第一条 为提高天润工业技术股份有限公司（以下简称"公司"）应对各类 舆情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公司股 价、公司商业信誉及正常生产经营活动造成的影响，切实保护投资者和公司的合 法权益，根据相关法律、法规和规范性文件的规定及《公司章程》，结合公司实 际情况，制定本制度。 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的 信息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生 较大影响的事件信息。 第二章 舆情管理的组织体系及其工作职责 第四条 公司应对各类舆情实行统一领导、统一组织、快速反应、协同应 对。 第五条 公司成立应对舆情管理工作领导小组(以下简称"舆情工作组")， 由公司总经理任组长，董事会秘书任副组长，成员由公司其他高级管理人员及相 关职能部门负责人组成。 1 第六条 舆情工作组是公司应对各类舆情（尤其是媒体质疑信息）处理工 作的领导机 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥866,182,414.56, a decrease of 4.76% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥82,604,153.78, down 16.38% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥78,064,760.56, reflecting a decline of 19.37% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.08, a decrease of 11.11% year-on-year[2]. - The net profit for Q3 2024 was ¥267,088,718.18, a decrease of 13.9% compared to ¥310,243,508.00 in Q3 2023[21]. - Total revenue for Q3 2024 was ¥2,658,449,730.21, down from ¥2,999,685,251.26 in Q3 2023, reflecting a decline of 11.4%[23]. - The operating profit for Q3 2024 was ¥295,157,297.49, compared to ¥345,094,368.83 in the same period last year, representing a decrease of 14.5%[21]. - Basic and diluted earnings per share for Q3 2024 were both ¥0.24, down from ¥0.28 in Q3 2023, indicating a decline of 14.3%[22]. - The total comprehensive income for Q3 2024 was ¥267,092,668.26, down from ¥310,264,809.89 in Q3 2023, reflecting a decrease of 13.9%[21]. Cash Flow and Investments - The company's cash flow from operating activities for the first nine months of 2024 was ¥51,393.58 million, a decrease of ¥8,392.36 million compared to the same period last year[7]. - The net cash flow from investing activities for the first nine months of 2024 was -¥76,989.68 million, a decrease of ¥38,421.87 million year-on-year, primarily due to increased bank wealth management purchases[7]. - The net cash flow from financing activities for the first nine months of 2024 was ¥11,721.78 million, an increase of ¥45,739.32 million compared to the previous year, mainly due to increased bank acceptance discounts[8]. - Cash flow from operating activities for Q3 2024 was ¥513,935,813.26, a decrease of 14.0% from ¥597,859,411.20 in Q3 2023[23]. - Cash flow from investing activities showed a net outflow of ¥769,896,807.28 in Q3 2024, compared to a net outflow of ¥385,678,076.26 in Q3 2023, indicating a significant increase in investment activities[24]. - Cash flow from financing activities generated a net inflow of ¥117,217,797.50 in Q3 2024, contrasting with a net outflow of ¥340,175,388.59 in Q3 2023, showing improved financing conditions[24]. - The company experienced a significant increase in cash outflows related to investment activities, totaling ¥1,426,769,747.24 in Q3 2024, compared to ¥671,075,022.74 in Q3 2023[24]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥8,572,467,358.76, representing a 2.45% increase from the end of the previous year[2]. - The total liabilities increased to CNY 2,524,685,780.57, compared to CNY 2,322,452,964.97 in the previous year, marking an increase of 8.69%[19]. - Short-term borrowings rose significantly to CNY 848,020,429.50, up from CNY 345,064,055.56, indicating a 145.5% increase[19]. - The equity attributable to shareholders of the parent company was CNY 6,022,659,175.78, slightly down from CNY 6,023,728,762.12 year-over-year[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 40,984[9]. - Tianrun United Group Co., Ltd. holds 15.36% of shares, totaling 174,991,840 shares[9]. - The second-largest shareholder, Xing Yunbo, holds 11.89% of shares, totaling 135,528,925 shares[9]. - The company has a total of 40,000,000 shares pledged by Tianrun United Group, accounting for 22.86% of its holdings and 5% of the total share capital[13]. - The employee stock ownership plan for 2023 holds 21,404,388 shares, representing 1.88% of the total share capital[12]. - The largest shareholder, Tianrun United Group, has 112,500,000 shares pledged[9]. - The company has a total of 6 shareholders with over 5% ownership[12]. - The total number of shares held by the top 10 shareholders is significant, with the largest holding being 174,991,840 shares[9]. - The company has not reported any changes in the top 10 shareholders due to margin trading or lending[12]. - The total number of preferred shareholders and their holdings is not applicable for this report[13]. - As of the end of the reporting period, Tianrun United Group Co., Ltd. pledged 112,500,000 shares, accounting for 64.29% of its holdings and 9.87% of the total share capital of the company[14]. Future Plans and Strategies - The company plans to invest up to RMB 124 million in establishing a factory in Thailand, funded by its own and self-raised funds[16]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20].

一、会议召开情况 天润工业技术股份有限公司（以下简称"公司"）第六届监事会第十二次 会议通知于 2024 年 10 月 15 日以电子邮件方式发出，于 2024 年 10 月 25 日 在公司会议室以通讯表决方式召开，会议由监事会主席马明亮先生主持，应 出席监事 3 人，实际出席监事 3 人。本次会议的召开符合有关法律、行政法 规、部门规章、规范性文件和公司章程的规定。 证券代码：002283 证券简称：天润工业 公告编号：2024-049 天润工业技术股份有限公司 第六届监事会第十二次会议决议公告 本公司及监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。 三、备查文件 第六届监事会第十二次会议决议。 特此公告。 天润工业技术股份有限公司 监事会 2024年10月26日 二、会议审议情况 1、会议以 3 票同意、0 票反对、0 票弃权，审议通过了《2024 年第三季 度报告》。 经审核，监事会认为：董事会编制和审议公司《2024 年第三季度报告》 的程序符合法律、行政法规和中国证券监督管理委员会、深圳证券交易所的 有关规定，报告内容真实、准确、完整地反映了公司的实际情况 ...

天润工业技术股份有限公司 重大信息内部报告制度 第一章 总 则 第一条 为规范天润工业技术股份有限公司（以下简称"公司"）重大信息 内部报告工作，保证公司内部重大信息的快速传递、归集和有效管理，及时、准 确、完整地披露信息，维护公司及投资者的合法权益，根据《中华人民共和国公 司法》、《中华人民共和国证券法》、《上市公司信息披露管理办法》、《深圳 证券交易所股票上市规则》等有关法律、法规、规范性文件和《公司章程》的规 定，结合公司实际情况，特制定本制度。 第二条 公司重大信息内部报告制度是指当出现、发生或即将发生可能对 公司股票及其衍生品种交易价格产生较大影响的情形或事件时，按照本制度规定 负有报告义务的有关人员、部门和单位，应当在第一时间将有关信息向董事长和 董事会秘书报告的制度。 第三条 董事会秘书负责公司重大信息管理和信息披露事务的具体事宜， 公司证券办公室为公司信息披露工作的管理部门，负责公开信息披露的制作工作， 负责统一办理公司应公开披露的所有信息的报送和披露手续。 第四条 本制度所称"内部信息报告义务人"包括： （一）公司董事、监事、高级管理人员、各部门负责人； （二）公司全资子公司、控股子公司、分 ...

关于设立相关子公司并投资建设泰国工厂的进展公告 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。 证券代码：002283 证券简称：天润工业 公告编号：2024-047 天润工业技术股份有限公司 一、对外投资概述 天润工业技术股份有限公司（以下简称"公司"）于 2024 年 8 月 15 日召 开第六届董事会第十二次会议审议通过了《关于拟设立相关子公司并投资建 设泰国工厂的议案》，同意公司在香港设立全资子公司润泽工业科技有限公司、 润海工业贸易有限公司（拟定名称，以经当地注册机关批准的公司名称为准）， 香港子公司设立完成后，最终由上述两个香港子公司在泰国设立泰润工业科 技有限公司（拟定名称，以经当地注册机关批准的公司名称为准）作为泰国 工厂建设项目实施主体，项目计划投资金额不超过人民币 1.24 亿元，资金来 源为公司自有资金和自筹资金，实际投资金额以中国及当地主管部门批准金 额为准。公司将根据市场需求和业务进展等具体情况分阶段实施建设泰国工 厂项目。本次投资项目为公司主营业务。同时，为确保泰国工厂建设项目能 够顺利实施，公司董事会授权公司经营管理层及其授权人员 ...

证券代码：002283 证券简称：天润工业 公告编号：2024-046 天润工业技术股份有限公司 关于回购公司股份的进展公告 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。 天润工业技术股份有限公司（以下简称"公司"）于 2023 年 12 月 4 日 召开第六届董事会第八次会议，审议通过了《关于回购公司股份方案的议 案》，公司拟使用自有资金以集中竞价交易方式回购部分公司已发行的人 民币普通股（A 股）股票，用于后期实施股权激励计划或员工持股计划。 本次回购资金总额不低于人民币 5,000 万元（含），且不超过人民币 10,000 万元（含），回购价格不超过人民币 9.42 元/股（含），本次回购期限为 自公司董事会审议通过回购股份方案之日起不超过 12 个月。具体内容详 见公司分别于 2023 年 12 月 5 日、2023 年 12 月 6 日在《证券时报》、《中 国证券报》、《上海证券报》、《证券日报》和巨潮资讯网（www.cninfo.com.cn） 上披露的《关于回购公司股份方案的公告》（公告编号：2023-032）、《回 购股份报告书》（公告编号： ...