| | | 宜宾天原集团股份有限公司 关于参加四川辖区 2025 年投资者网上集体接待日及半 年度报告业绩说明会活动的公告 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。 为进一步加强与投资者的互动交流，宜宾天原集团股份有限公司 （以下简称"公司"）将参加由四川省上市公司协会、深圳市全景网 络有限公司联合举办的"四川辖区 2025 年投资者网上集体接待日及 半年度报告业绩说明会"活动，现将相关事项公告如下： 特此公告。 宜宾天原集团股份有限公司 董事会 2025 年 9 月 6 日 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" （https://rs.p5w.net）参与本次互动交流，活动时间为 2025 年 9 月 12 日（周五）14:00—17:00。届时公司高管将在线就公司 2024 年 度及 2025 年半年度业绩、公司治理、发展战略、经营状况、融资计 划、股权激励和可持续发展等投资者关心的问题，与投资者进行沟通 与交流，欢迎广大投资者踊跃参与！ ...

Group 1 - The event organized by Yibin Tianyuan Group Co., Ltd. focused on themes such as the "May Fourth" spirit, youth contributions in the workplace, and the innovation of work scenarios through AI technology [1] - The activity, which started in May, received positive responses from young members, with a total of 16 entries submitted for evaluation [1] - The judging panel assessed the entries based on five criteria: thematic content, logical structure, presentation form, expression ability, and personal demeanor, with the first prize awarded to the entry titled "Boundaryless Collaboration, Intelligent Efficiency - AI Empowering Office Efficiency Leap" [1]

8月29日，天原股份涨0.59%，成交额1.27亿元。两融数据显示，当日天原股份获融资买入额1974.65万 元，融资偿还1832.36万元，融资净买入142.29万元。截至8月29日，天原股份融资融券余额合计3.72亿 元。 机构持仓方面，截止2025年6月30日，天原股份十大流通股东中，香港中央结算有限公司位居第八大流 通股东，持股1025.96万股，相比上期增加81.53万股。 融资方面，天原股份当日融资买入1974.65万元。当前融资余额3.72亿元，占流通市值的5.60%，融资余 额低于近一年50%分位水平，处于较低位。 责任编辑：小浪快报 融券方面，天原股份8月29日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年70%分位水平，处于较高位。 资料显示，宜宾天原集团股份有限公司位于四川省宜宾市临港经济技术开发区港园路西段61号，成立日 期1994年1月1日，上市日期2010年4月9日，公司主营业务涉及氯碱化工产品的生产及销售,水电产品、 磷矿、煤炭、盐化工产品的生产及销售以及商贸销售。主营业务收入构成为：化工行业81 ...

Core Viewpoint - The lithium iron phosphate (LFP) industry is facing severe overcapacity and price declines, despite strong demand for LFP batteries, leading to significant losses for many companies in the sector [1][2][6]. Industry Overview - The first meeting of the Lithium Iron Phosphate Materials Subcommittee of the China Chemical and Physical Power Industry Association was held in Shenzhen, focusing on industry overcapacity and the elimination of outdated production capacity [1][2]. - Nine major LFP companies attended the meeting, indicating a high-level discussion on the industry's current challenges and future arrangements [1][3]. Market Dynamics - The price of LFP has plummeted from 166,000 yuan per ton at the beginning of 2023 to 36,000 yuan per ton in 2024, causing significant financial strain on leading companies [6][11]. - Despite the overall market growth, the LFP sector has become the most loss-ridden part of the battery supply chain, with only Hunan Youneng managing to maintain profitability [6][7]. Production Capacity - The LFP production capacity has expanded dramatically, from 2.12 million tons at the end of 2022 to 4.27 million tons by the end of 2023, with nominal capacity exceeding 5 million tons, which is double the previous year's shipment volume [5][6]. - The average operating rate in the industry was as low as 50.41% in June of the previous year, with only Hunan Youneng maintaining a utilization rate of 93.15% [6][11]. Financial Performance - Hunan Youneng reported a revenue of 14.358 billion yuan in the first half of 2025, a 33.17% increase, driven by a 55.38% rise in sales volume of phosphate-based cathode materials [10]. - Other companies like Dongsheng Technology and Anda Technology also reported revenue growth, although they still faced challenges with profitability [10][11]. - Anda Technology recorded a loss of 168 million yuan, but this was a 52.83% reduction compared to the previous year, indicating some improvement in financial health [11]. Future Outlook - The industry is expected to undergo a transformation towards high-end products, with increasing demand for high-density LFP materials, which could improve profitability for leading companies [8][9]. - The overall market dynamics suggest that while the LFP sector is currently struggling, there is potential for recovery as the industry addresses overcapacity and shifts towards higher-quality products [8][10].

Core Viewpoint - Tianyuan Co., Ltd. reported a revenue of 5.668 billion yuan and a net profit of 16.6385 million yuan for the first half of 2025, marking a year-on-year growth of 48.65% in net profit [1] Group 1: Business Strategy and Operations - The company is in its second foundational year of a three-year expansion plan, focusing on building strong industrial profitability and operational capabilities [1] - The "Double 1000" plan for titanium dioxide aims to promote product differentiation and high added value [1] - The company is implementing a "dual mining overseas" strategy to enhance resource security and value creation by actively sourcing or outsourcing in regions rich in lithium and titanium resources [1] Group 2: Investment Projects - The construction of the second workshop for the 100,000-ton lithium iron phosphate cathode material project has been completed, and trial production is beginning [2] - The company is investing in a 60,000-ton sulfuric acid project to integrate with titanium dioxide production, achieving zero carbon consumption in titanium dioxide production [2] - A 60MW/120MWh user-side energy storage system is being developed to reduce electricity costs for the company [2] Group 3: Green Development Initiatives - The company plans to invest approximately 10.659 million yuan in the Dingjia Phosphate Mine green mining project, with a designed production capacity of 900,000 tons per year [3] - An investment of about 18.481 million yuan is allocated for a project to recycle chlorination titanium dioxide tailings, which will lower production costs and reduce environmental risks [3]

Key Points - The article highlights significant corporate announcements and performance metrics from various companies in the industry [1][2][3][4] Group 1: Corporate Announcements - Sente Co., Ltd. (森特股份) clarified that it does not engage in "data center" related businesses [1] - Inke Recycling (英科再生) plans to invest approximately $40 million in the construction of the Vietnam Inke Qinghua (Phase III) project [1] - Daikin Heavy Industries (大金重工) signed its first overseas contract for the construction of a heavy deck transport vessel [1] - Zancaiya (咱菜雅) is planning to issue H-shares [1] - Biyimi (必易微) intends to acquire 100% equity of Xingan Semiconductor for 295 million yuan [1] - Zhongheng Group (中恒集团) has repurchased 3.5649% of its shares [1] - Nanjing New Pharmaceutical (南新制药) signed a letter of intent for acquisition with Future Pharmaceutical [3] - Pan-Asia Microelectronics (泛亚微透) plans to raise no more than 699 million yuan through a private placement [1][4] Group 2: Financial Performance - Shenghong Technology (胜宏科技) reported a net profit of 2.143 billion yuan for the first half of the year, a year-on-year increase of 366.89% [2] - Zhongji Xuchuang (中际旭创) saw a year-on-year net profit increase of 69.4% and plans to distribute 4 yuan per 10 shares [2] - Cambrian (寒武纪) achieved a net profit of 1.038 billion yuan in the first half of the year, marking a turnaround from losses [2] - China National Petroleum Corporation (中国石油) reported a net profit of 84.01 billion yuan for the first half of the year [2] Group 3: Shareholding Changes - Several companies, including Xindong Lian Ke (芯动联科) and Shenkeda (深科达), announced plans for share reductions by major shareholders [4] - Chaoyang Technology (朝阳科技) and Zhongwei Company (中微公司) also plan to reduce their shareholdings by up to 3% and 2%, respectively [4]

Group 1 - Tianyuan Co., Ltd. announced on August 27 that it will use up to 50 million RMB of idle funds to purchase financial products within the next twelve months [1] - The revenue composition for Tianyuan Co., Ltd. in the first half of 2025 is as follows: 81.01% from the chemical industry, 12.23% from supply chain services, 4.17% from the building materials industry, 1.76% from the new energy battery and materials sector, and 0.83% from the power industry [1]

Group 1 - Yibin Tianyuan Group Co., Ltd. announced that its wholly-owned subsidiary, Mabi Wuqiong Mining Co., Ltd., plans to invest 106.5947 million yuan in the construction of the Wuqiong Dingjia Phosphate Mine Green Mine Construction Project [1] - The investment plan was approved by the company's ninth board of directors on August 26, 2025, and does not require shareholder approval [1] - The project includes ecological restoration, environmental governance, construction of a centralized control center, intelligent control systems, and other infrastructure improvements, with a total investment of 106.5947 million yuan and a construction period of 36 months [1][2] Group 2 - The Wuqiong Dingjia Phosphate Mine has a designed production capacity of 900,000 tons per year, classifying it as a medium to large-scale mine, which must be included in the green mine directory and fully completed by the end of 2028 [2] - The completion of the project is expected to enhance various capabilities, including environmental improvement, resource extraction, comprehensive resource utilization, green low-carbon initiatives, ecological restoration, and technological innovation [2] - The company will actively prevent and respond to potential risks during the project implementation and will fulfill its information disclosure obligations as required [2]

Group 1 - The company Tianyuan Co., Ltd. has completed the construction of a 100,000-ton phosphate iron project through its wholly-owned subsidiary Yibin Tianyuan Haifeng and Tai Co., Ltd. [1] - To further reduce production costs, the company plans to invest 184.82 million yuan in a resource utilization project for chlorination titanium white powder tailings [1] - The project aims to effectively treat secondary waste generated from the production of chlorination titanium white powder, addressing significant environmental challenges while extracting ferrous chloride for phosphate iron production, thereby lowering production costs and enhancing market competitiveness [1]

Core Viewpoint - Yibin Tianyuan Group Co., Ltd. has announced an increase in the risk margin limit for its commodity futures hedging business from RMB 100 million to RMB 150 million, effective until December 31, 2025, to better manage risks associated with market fluctuations in raw material procurement and product sales [1][2]. Group 1: Business Expansion and Risk Management - The increase in the margin limit is driven by the need to cover the expanded risk exposure due to the growth of the company's business operations [2]. - Enhancing the hedging limit will allow the company to more effectively utilize futures instruments to mitigate the impact of price volatility on operational performance, aligning with the overall risk management strategy [2]. - The company has established a comprehensive internal control system for futures hedging, with dedicated risk control positions and strict authorization processes to ensure that the increased limit remains manageable [2][3]. Group 2: Risk Control Measures - The company will strictly adhere to the hedging principles, limiting operations to domestic futures exchanges and ensuring that futures positions match the actual risk exposure, prohibiting speculative trading [3]. - There will be enhanced internal approval and monitoring of fund usage to ensure that the total risk margin does not exceed the new limit of RMB 150 million [3]. - The risk control department will conduct daily monitoring, risk assessments, and stress tests to promptly identify and address any anomalies in the hedging operations [3].