Group 1 - The core announcement is about the procurement results for the employee cafeteria food project at China Merchants Bank, specifically for fresh pork [1][2]. - The procurement method used was competitive negotiation [2]. - The selected suppliers for the project include Tianhong Shuke Commercial Co., Ltd. and Shenzhen Nongchuan Meiyi Meat Industry Co., Ltd. [3]. Group 2 - The procurement project is identified as the "Head Office Employee Cafeteria Food Project" with a specific focus on fresh pork [1]. - A total of 12 suppliers responded to the procurement request, indicating a competitive bidding environment [2]. - The announcement was made by the Procurement Management Department of China Merchants Bank on August 2, 2025 [4].

Group 1 - The company Tianhong Co., Ltd. (002419) reported that as of July 31, 2025, the number of shareholders is 35,930 [1]

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、项目背景 证券代码：002419 证券简称：天虹股份 公告编号：2025-035 天虹数科商业股份有限公司 开展消费基础设施公募REITs申报发行工作的进展公告 二○二五年七月二十九日 1 天虹数科商业股份有限公司（以下简称"公司"）第六届董事会第二十一次 会议和 2023 年度股东大会审议通过了《公司开展消费基础设施公募 REITs 申报 发行工作暨关联交易的议案》，同意公司以下属全资子公司苏州市天虹商业管理 有限公司持有的苏州相城天虹购物中心为底层资产，申请发行公开募集基础设施 领域不动产投资信托基金（以下简称"公募 REITs 项目"）。有关公募 REITs 项目情况详见公司于 2024 年 3 月 15 日在《证券时报》和巨潮资讯网 （http://www.cninfo.com.cn）刊登的《公司开展消费基础设施公募 REITs 申报 发行工作暨关联交易的公告》（2024-009）。 二、项目进展 公司公募 REITs 项目已向中国证券监督管理委员会（以下简称"中国证监 会"）和深圳证券交易所提交申报 ...

Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - From July 21 - 25, 2025, the CSI REITs Total Return Index closed at 1087.36 points, down 1.56% for the week, breaking below the 1100 - point mark, with a relatively large overall correction. The total market capitalization of the REITs market reached 204.7 billion yuan with 69 listed projects after the listing of CICC Principal Agricultural REIT [1][8]. - In terms of major asset classes, commodities and equities generally rose in July, while REITs had negative returns. Commodities performed strongly this week, with coking coal up 35%, and coke, lithium carbonate, polysilicon, soda ash, and glass up over 15%. The equity market rose between 1.5 - 3.5%, and indices such as the CSI 300, CSI 500, CSI 1000, Hang Seng Tech, and CSI Convertible Bond all outperformed REITs [1][8]. Summary by Related Catalogs Secondary Market Price: The Rental Housing Sector Had the Largest Decline - All seven REITs sectors declined this week, with rental housing having the largest decline of 3.23%. Industrial parks and warehousing logistics were relatively more resilient. Eight rental housing REITs generally fell 3 - 5%. Some previously high - performing rental housing REITs like CRIC Wanke Shenzhen Rental Housing had a decline of about 3% this week. The average cash distribution rate of rental housing is 2.76%. REITs with high distribution rates such as Shanghai Real Estate Rental Housing and Chengtou Kuanting Rental Housing can be continuously monitored [2][13]. - In the highway sector, there were still differences among projects in June. Projects in the eastern economically active regions had better year - on - year performance in traffic volume and toll revenue. Huaxia Nanjing Traffic Highway REIT had the largest decline this week, but its operation has good resilience. Projects like China Merchants Highway and CICC Anhui Expressway had good fundamentals and can be continuously monitored [2][15]. Liquidity: Trading Activity Recovered - The overall market trading was relatively active this week, with the average daily trading volume of 583 million yuan, the average daily trading volume of 129 million shares, and the average daily turnover rate of 0.63%, up 17.72%, 15.22%, and 0.08 pct respectively from the previous week [20]. - By sector, the sectors with the highest average daily turnover rates this week were municipal environmental protection (1.06%), rental housing (0.78%), and consumer facilities (0.73%). Most sectors' turnover rates continued to decline compared with last week, except for consumer facilities and warehousing logistics, whose turnover rates slightly increased [23]. - Five projects were lifted from lock - up in July. With a large number of projects approaching the end of their lock - up periods from the second half of 2025 to the first half of 2026, potential trading pressure from recent lock - up expirations needs to be monitored [28]. Valuation: The Overall Decline Led to Valuation Adjustment - The overall decline of REITs this week led to valuation adjustments, and the distribution rate increased slightly. In terms of ChinaBond valuation yields, the energy infrastructure sector had the largest change in yield but still had the lowest yield among all sectors. The traffic (5.69%), warehousing logistics (5.09%), and industrial park (4.81%) sectors had relatively high yields [31]. - In terms of cash distribution rates, energy - related projects still had the largest change, with the average rising to 8.28%. For concession - based projects, the principal recovery situation should be considered when looking at the cash distribution rate. Among equity - based projects, industrial parks (4.33%), warehousing (4.11%), and consumer facilities (3.79%) had relatively high distribution rates, while the average distribution rate of rental housing was only 2.76% [31]. Primary Market Initial Offering: China Aerospace Tianhong Consumer REIT Has Been Filed - On July 22, 2025, China Aerospace Tianhong Consumer Closed - end Infrastructure Securities Investment Fund was filed with the Shenzhen Stock Exchange. Tianhong Co., Ltd. has three major brands: "Tianhong", "Junshang", and "sp@ce", targeting the mid - to high - end consumer market [3][35]. - As of July 25, 2025, there were about 7 - 10 potential issuance projects remaining this year. There are 4 projects that have been approved and are waiting to be listed, 10 projects that have received feedback from the exchange, and 1 project that has been filed [35].

Core Viewpoint - The company plans to repurchase its shares to enhance shareholder value and confidence, with a total fund allocation between 150 million yuan and 200 million yuan, and a maximum repurchase price of 7.54 yuan per share [1][3][4]. Group 1: Repurchase Plan Details - The repurchase will be conducted through the Shenzhen Stock Exchange within 12 months from the approval date by the shareholders' meeting [1][4]. - The purpose of the repurchase is to reduce registered capital, increase earnings per share, and improve long-term company value [3][8]. - The estimated number of shares to be repurchased ranges from approximately 19,893,899 shares (1.70% of total shares) to 26,525,198 shares (2.27% of total shares) based on the maximum repurchase price [4][6]. Group 2: Financial Impact and Conditions - The repurchase funds will be sourced from the company's cash flow and deposits, with the total repurchase amount not significantly increasing the company's financial risk [4][8]. - The company's total assets and net assets are reported at 2.83 billion yuan and 4.098 billion yuan respectively, indicating that the repurchase funds will constitute about 0.71% of total assets [8][9]. - The company has committed to notifying creditors as required by law to protect their interests during the repurchase process [9][11]. Group 3: Shareholder Actions and Compliance - A major shareholder, Five Dragon Trading Co., plans to reduce its holdings by up to 35,065,432 shares (3.00% of total shares) starting from June 23, 2025 [2][9]. - The board of directors and management have been authorized to adjust the repurchase plan as necessary, ensuring compliance with relevant regulations [10][11]. - The company has confirmed that there have been no insider trading or market manipulation activities by its directors or major shareholders in the six months prior to the repurchase decision [11].

证券代码：002419 证券简称：天虹股份 公告编号：2025-034 天虹数科商业股份有限公司 回购报告书 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。 重要内容提示： 1、天虹数科商业股份有限公司（以下简称"公司"）拟以自有资金或自筹 资金，自股东大会审议通过本次回购股份方案之日起 12 个月内，通过深圳证券 交易所股票交易系统以集中竞价交易方式回购公司已发行的人民币普通股股票 （A 股）。本次回购股份将全部用于减少公司注册资本。本次回购股份的资金总 额不低于 1.5 亿元（含）且不超过 2 亿元（含），回购股份价格为不高于 7.54 元/股（未超过公司董事会通过本次回购股份决议前三十个交易日公司股票交易 均价的 150%）。具体的回购股份金额、回购股份数量以及占公司总股本比例， 以回购实施完成时或回购期限届满时实际回购的情况为准。 2、公司于 2025 年 4 月 14 日召开的第六届董事会第三十次会议和于 2025 年 7 月 18 日召开的 2025 年第一次临时股东大会分别审议通过了《关于回购公司 股份的方案》。 3、公司于 2025 年 7 月 ...

Group 1 - The legal opinion letter is issued by Beijing Zhonglun (Shenzhen) Law Firm regarding the legality of the 2025 first extraordinary general meeting of shareholders of Tianhong Digital Commerce Co., Ltd [1][2] - The law firm confirms that it has conducted thorough verification and that the conclusions drawn in the legal opinion are accurate and complete, with no false statements or omissions [1][2][3] Group 2 - The legal opinion is based on the Company Law, Securities Law, and relevant regulations, as well as the company's articles of association and rules for shareholder meetings [2] - The law firm reviewed the documents provided by the company and attended the shareholder meeting to ensure compliance with legal requirements [2][3] Group 3 - The meeting was convened by the company's board of directors, which is deemed qualified to do so [3] - The notice for the meeting was published on July 3, 2025, detailing the time, location, agenda, and voting procedures, in accordance with legal requirements [3][5] Group 4 - A total of 291 shareholders attended the meeting, representing 708,974,588 shares, which is 60.6559% of the total voting shares [5][6] - The meeting utilized both on-site and online voting methods, with specific time slots for online voting [5] Group 5 - The voting results showed that all proposed resolutions were approved, with 99.9623% of the votes in favor, 0.0315% against, and 0.0062% abstaining [7][8] - The results from minority shareholders indicated a high level of agreement, with 99.6250% voting in favor of the resolutions [8][9] Group 6 - The law firm concludes that the procedures for convening and holding the meeting, the qualifications of attendees, and the voting process all comply with relevant laws and regulations, confirming the legality and validity of the meeting [15]

证券代码：002419 证券简称：天虹股份 公告编号：2025-033 天虹数科商业股份有限公司 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、通知债权人的原由 天虹数科商业股份有限公司（以下简称"公司"）第六届董事会第三十次会 议以及2025年第一次临时股东大会审议通过了《关于回购公司股份的方案》。具 体内容详见公司于2025年4月16日、7月19日在《证券时报》和巨潮资讯网 （http://www.cninfo.com.cn）刊登的相关公告。 根据该回购方案，公司将通过深圳证券交易所股票交易系统以集中竞价交易 方式回购公司已发行的人民币普通股股票（A 股），具体的回购股份数量以实际 回购的情况为准。本次回购股份将全部予以注销，公司注册资本将相应减少。 二、需债权人知晓的相关信息 （一）债权申报所需材料 公司债权人可持证明债权债务关系存在的合同、协议及其他凭证的原件及复 印件到公司申报债权。 债权人为法人的，需同时携带法人营业执照副本原件及复印件、法定代表人 身份证明文件；委托他人申报的，除上述文件外，还需携带法定代表人授权委托 书和代理人有效身份证件 ...

证券代码：002419 证券简称：天虹股份 公告编号：2025-033 天虹数科商业股份有限公司 关于回购股份用于注销并减少注册资本暨通知债权人的公告 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。 一、通知债权人的原由 天虹数科商业股份有限公司（以下简称"公司"）第六届董事会第三十次会 议以及2025年第一次临时股东大会审议通过了《关于回购公司股份的方案》。具 体内容详见公司于2025年4月16日、7月19日在《证券时报》和巨潮资讯网 （http://www.cninfo.com.cn）刊登的相关公告。 根据《公司法》等相关法律、法规的规定，公司债权人自本公告披露之日起 45 日内，有权凭有效债权证明文件及相关凭证要求公司清偿债务或者提供相应 担保。债权人如逾期未向公司申报债权，不会因此影响其债权的有效性，相关债 务（义务）将由公司根据原债权文件的约定继续履行。 根据该回购方案，公司将通过深圳证券交易所股票交易系统以集中竞价交易 方式回购公司已发行的人民币普通股股票（A 股），具体的回购股份数量以实际 回购的情况为准。本次回购股份将全部予以注销，公司注册资本 ...

证券代码：002419 证券简称：天虹股份 公告编号：2025-032 天虹数科商业股份有限公司 2025 年第一次临时股东大会决议公告 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。 特别提示： 1.本次股东大会没有出现否决议案的情形。 2.本次股东大会没有涉及变更前次股东大会的决议。 一、会议召开和出席情况 （一）会议召开情况 1.召开时间：2025 年 7 月 18 日（星期五）下午 14:30。 6.会议主持人：公司董事长肖章林先生。 7.本次会议的召开符合《公司法》、《上市公司股东会规则》和《公司章程》 等有关规定。 （二）会议出席情况 1 其中，中小投资者出席情况如下： 网络投票日期、时间：2025 年 7 月 18 日。其中，通过深圳证券交易所交易 系统进行网络投票的具体时间为：2025 年 7 月 18 日 9:15-9:25，9:30－11:30 和 13:00－15:00；通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 7 月 18 日 9:15－15:00。 2.现场会议召开地点：深圳市南山区中心路（深圳湾段）3019 号 ...