证券代码：002419 证券简称：天虹股份 公告编号：2025-051 天虹数科商业股份有限公司 关于持股 5%以上股东减持计划期限届满暨实施完毕的公告 持股 5%以上股东五龙贸易有限公司保证向本公司提供的信息内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 天虹数科商业股份有限公司（以下简称"公司"）于 2025 年 5 月 29 日披露 《关于持股 5%以上股东减持股份的预披露公告（2025-026）》，五龙贸易有限 公司（以下简称"五龙公司"）持有公司股份 116,884,953 股（占公司总股本比 例 10%），计划自 2025 年 6 月 23 日起的 3 个月内以集中竞价、大宗交易方式减 持公司股份不超过 35,065,432 股（占公司总股本比例 3%）。 一、股东减持情况 | 股东名称 | 减持方式 | 减持期间 | 减持价格区间 | 减持股数 | 减持比例 | | --- | --- | --- | --- | --- | --- | | | | | （元/股） | （万股） | （%） | | 五龙贸易有限公司 ...

Core Viewpoint - The article discusses the impact of Super Typhoon "Haikui" approaching the western coast of Guangdong, leading to increased consumer demand for emergency supplies in Shenzhen, particularly in supermarkets and online platforms [1][3]. Group 1: Supermarket Response - Supermarkets in Shenzhen, such as Hema and Tianhong, have reported a significant increase in orders, with fresh produce and meat supplies running low due to heightened consumer purchasing behavior [3][13]. - Tianhong has adjusted its supply plan, increasing the stock of water, vegetables, and meat by 2-3 times, and has implemented emergency replenishment measures to meet the demand [3][13]. - Hema is also preparing for the storm by increasing its overall stock by over 80% for essential items like vegetables, meat, and grains, while ensuring cold chain logistics are in place [13]. Group 2: Online Shopping Trends - Online grocery platforms, such as Pupu Supermarket, have experienced a surge in demand, with fresh vegetables selling out quickly, prompting the company to increase stock levels by over 20% for staple goods [5]. - Pupu has committed to multiple daily restocks to keep up with demand, while advising consumers to check various platforms for availability [5]. - Supermarkets are enhancing their online operations by adding staff for order fulfillment and adjusting delivery schedules based on weather conditions [13].

Group 1: Supermarket Transformation and Performance - In 2024, the company initiated a transformation of its supermarket format, launching nine lifestyle theme pavilions and one fulfillment center, with the first SP@CE3.0 located in Shenzhen Baoan [2] - The company standardized modifications in five stores and made partial adjustments in 17 stores, resulting in a doubling of sales within three days post-opening for the standardized stores, with ongoing year-on-year growth in customer traffic and sales [2] Group 2: Cost Reduction and Efficiency Improvement - The company has been actively pursuing cost reduction and efficiency enhancement initiatives, optimizing resource allocation and focusing investments in high-potential areas and core formats to improve overall asset turnover and profitability [2] Group 3: Public REITs Progress - The company is in the process of issuing a public REIT, utilizing the Suzhou Xiangcheng Rainbow Shopping Center as the underlying asset, which has been formally accepted by the China Securities Regulatory Commission and the Shenzhen Stock Exchange [3]

Company Overview - Tianhong Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on May 2, 1984. The company was listed on June 1, 2010. Its main business involves retailing goods, primarily in department stores [1]. - The revenue composition of Tianhong includes: fresh and cooked food 27.72%, packaged food 25.63%, department store retail 19.89%, catering support 13.78%, daily necessities 10.39%, and other businesses 2.60% [1]. Stock Performance - As of September 22, Tianhong's stock price decreased by 2.18%, trading at 5.39 CNY per share, with a total market capitalization of 6.3 billion CNY. The stock has declined by 7.07% year-to-date and 4.09% over the last five trading days [1]. - The stock's trading volume on September 22 was 72.28 million CNY, with a turnover rate of 1.14% [1]. Financial Performance - For the period from January to June 2025, Tianhong reported a revenue of 6.009 billion CNY, a year-on-year decrease of 1.79%. The net profit attributable to shareholders was 154 million CNY, a slight decrease of 0.05% year-on-year [2]. - Since its A-share listing, Tianhong has distributed a total of 4.149 billion CNY in dividends, with 316 million CNY distributed over the past three years [3]. Shareholder Information - As of September 10, the number of shareholders for Tianhong was 35,700, an increase of 0.34% from the previous period. The average number of circulating shares per shareholder was 32,731, a decrease of 0.34% [2]. - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited as the third-largest shareholder, holding 52.2037 million shares, an increase of 2.4693 million shares from the previous period [3].

Core Viewpoint - Tianhong Co., Ltd. announced the election of Ms. Zhang Yang as the employee representative director of the seventh board of directors during the employee representative meeting held on September 18, 2025 [1] Group 1 - The employee representative meeting was held on September 18, 2025 [1] - The election was conducted through a secret ballot [1] - Ms. Zhang Yang was elected as the employee representative director [1]

证券代码：002419 证券简称：天虹股份 公告编号：2025-049 天虹数科商业股份有限公司 2025 年第二次临时股东会决议公告 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.本次股东会没有出现否决议案的情形； 2.本次股东会没有涉及变更前次股东会的决议。 3.召开方式：本次股东会采取现场表决与网络投票相结合的方式。 4.股权登记日：2025 年 9 月 10 日。 5.会议召集人：天虹数科商业股份有限公司（以下简称"公司"）第六届董 事会。 6.会议主持人：公司董事、总经理黄国军先生。 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。 一、会议召开和出席情况 （一）会议召开情况 1.召开时间：2025 年 9 月 18 日（星期四）下午 14:30。 网络投票日期、时间：2025 年 9 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 9 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 ...

北京市中伦（深圳）律师事务所 关于天虹数科商业股份有限公司 2025 年第二次临时股东会的 法律意见书 二〇二五年九月 北京市中伦（深圳）律师事务所 关于天虹数科商业股份有限公司 2025 年第二次临时股东会的 法律意见书 致：天虹数科商业股份有限公司 北京市中伦（深圳）律师事务所（下称"本所"）接受天虹数科商业股份有 限公司(下称"公司"/"天虹股份")的委托，指派律师对公司 2025 年第二次临 时股东会（下称"本次股东会"）的合法性进行见证并出具法律意见书。 本所及本所律师依据《中华人民共和国证券法》、《律师事务所从事证券法 律业务管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定及本 法律意见书出具日以前已经发生或者存在的事实，严格履行了法定职责，遵循了 勤勉尽责和诚实信用原则，进行了充分的核查验证，保证本法律意见书所认定的 事实真实、准确、完整，所发表的结论性意见合法、准确，不存在虚假记载、误 导性陈述或者重大遗漏，并承担相应法律责任。 本法律意见书根据《中华人民共和国公司法》（下称"《公司法》"）、《中 华人民共和国证券法》、《上市公司股东会规则》（下称"《股东会规则》"） 等现行有效的 ...

证券代码：002419 证券简称：天虹股份 公告编号：2025-050 附件：公司第七届董事会职工代表董事简历 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。 根据《中华人民共和国公司法》（以下简称"《公司法》"）和《天虹数科 商业股份有限公司（以下简称"公司"）章程》等有关规定，公司于2025年9月 18日召开了职工代表大会，职工代表通过无记名投票方式，同意选举张阳女士为 公司第七届董事会职工代表董事（简历详见附件）。 张阳女士符合法律法规、规范性文件和《公司章程》规定的有关职工代表董 事的任职资格和条件，将与公司2025年第二次临时股东会选举产生的8名其他董 事共同组成公司第七届董事会，任期与第七届董事会任期一致。 本次选举完成后，公司董事会中兼任公司高级管理人员以及由职工代表担任 的董事人数总计未超过公司董事总数的二分之一。 特此公告。 天虹数科商业股份有限公司董事会 二〇二五年九月十八日 1 天虹数科商业股份有限公司 关于选举职工代表董事的公告 张阳女士，中国国籍，无境外永久居留权，1984 年 11 月出生，中国人民大 学管理学学士学位，现任公司党建 ...

Core Insights - Tianhong Co., Ltd. executed a block trade of 1.88 million shares on September 16, with a transaction value of 9.6068 million yuan, representing 9.03% of the total trading volume for that day [1]. Summary by Category Trading Details - The transaction price was set at 5.11 yuan per share, which is a discount of 10.66% compared to the market closing price of 5.72 yuan [1]. - The total volume of shares traded in the block transaction was 188,000 shares [1]. Institutional Participation - The block trade involved multiple institutional buyers, with significant participation from Guangfa Securities and Guotou Securities [2]. - Specific transactions included: - 40,000 shares at 5.11 yuan, totaling 204.40 thousand yuan, executed by an institutional buyer [2]. - 30,000 shares at 5.11 yuan, totaling 153.30 thousand yuan, executed by Guotou Securities [2]. - 78,000 shares at 5.11 yuan, totaling 398.58 thousand yuan, executed by another institutional buyer [2].

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Views - The company reported a revenue of 6.01 billion yuan for the first half of 2025, a year-on-year decline of 1.8%, with a net profit attributable to shareholders of 150 million yuan, remaining basically flat year-on-year. In Q2 alone, revenue was 2.74 billion yuan, down 1.3%, and net profit attributable to shareholders was 2.77 million yuan, a decline of 40.8% year-on-year, with a non-recurring net loss of 8 million yuan, which represents a year-on-year reduction in loss of 21.3% [2][4]. Summary by Sections Financial Performance - In the first half of 2025, the company achieved a sales revenue of 18.7 billion yuan, a year-on-year increase of 2.55%. The sales revenue from self-operated shopping centers, department stores, and supermarkets grew by 7.25%, declined by 4.30%, and declined by 3.33% respectively. The company operated 46 shopping centers, 58 department stores, and 106 supermarkets by the end of the reporting period, with a net change of 0, -1, and -2 stores respectively compared to Q1 [10]. Profitability - The profit margins for the shopping centers, department stores, and supermarkets showed a mixed performance, with shopping centers and supermarkets experiencing significant profit growth. The gross profit margin for supermarkets increased by 0.66 percentage points to 23.33%, attributed to the brand upgrade of SP@CE3.0 and improvements in operational efficiency through digitalization [10]. Cost Control - The company managed to control its expenses effectively, with total period expenses decreasing by 6.67 million yuan. The overall expense allocation was optimized, focusing on high-potential areas and core business segments, which contributed to improved operational efficiency [10]. Future Outlook - The company is expected to achieve earnings per share (EPS) of 0.11, 0.15, and 0.19 yuan for the years 2025, 2026, and 2027 respectively, indicating a positive growth trajectory [10].