Core Points - The company, Suzhou Tianwo Technology Co., Ltd., has reached a settlement in a lawsuit against Shandong Fuyu Petrochemical Co., Ltd. regarding a contract dispute involving an amount of approximately 23.79 million yuan [1][4] - The court has confirmed the settlement agreement, which stipulates that Shandong Fuyu will pay the owed amount in installments by November 30, 2026 [4] - The impact of this lawsuit on the company's current and future profits remains uncertain, and the company will disclose further developments as required [1][4] Summary of the Lawsuit - The lawsuit was initiated by Zhanghua Machinery (Suzhou) Heavy Industry Co., Ltd., a subsidiary of the company, against Shandong Fuyu for unpaid equipment costs totaling 22.56 million yuan, with additional interest of 1.22 million yuan [1][3] - The total contract value was 63.90 million yuan, of which 41.34 million yuan has been paid [1][4] - The court's mediation resulted in an agreement where Shandong Fuyu must pay a total of 23.86 million yuan, with specific terms for payment and penalties for non-compliance [4] Legal and Financial Implications - The company will assess the accounting treatment of this lawsuit in accordance with accounting standards, but the exact financial impact on current and future profits is still undetermined [1][4] - The company has committed to timely disclosures regarding any significant developments in this legal matter [4] Documentation - The settlement is documented in the Civil Mediation Document (2025) Lu 0503 Min Chu 2258 [5]

证券代码：002564 证券简称：天沃科技 公告编号：2025-046 苏州天沃科技股份有限公司 重大诉讼、仲裁情况的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1．案件所处的诉讼、仲裁阶段：已调解结案 2．上市公司所处的当事人地位：原告 3．涉案金额：2,378.60 万元 4．对上市公司损益产生的影响：目前暂时无法判断对公司本期利润和期后 利润的影响。 苏州天沃科技股份有限公司（下称"公司"）下属子公司张化机（苏州）重 装有限公司（下称"张化机"或"原告"）就与山东富宇石化有限公司（下称"山 东富宇"或"被告"）买卖合同纠纷，向东营市河口区人民法院提起诉讼，要求 山东富宇支付货款本息合计约 2,378.60 万元。张化机于近日收到东营市河口区人 民法院送达的《民事调解书》（2025）鲁 0503 民初 2258 号，公司现将案件情况 公告如下： 一、本次诉讼事项的基本情况 （一）诉讼当事人 1．原告：张化机（苏州）重装有限公司 住所地：江苏省张家港市金港镇长山村临江路 1 号 法定代表人：余忠海 2. 被告：山东富宇石化有限公司 ...

证券代码：002564 证券简称：天沃科技 公告编号：2025-045 苏州天沃科技股份有限公司 重大诉讼、仲裁情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1．案件所处的诉讼、仲裁阶段：已受理 2．上市公司所处的当事人地位：原告 3．涉案金额：2,378.60 万元 4．对上市公司损益产生的影响：目前暂时无法判断对公司本期利润和期后 利润的影响。 苏州天沃科技股份有限公司（下称"公司"）下属子公司张化机（苏州）重 装有限公司（下称"张化机"或"原告"）就与山东富宇石化有限公司（下称"山 东富宇"或"被告"）买卖合同纠纷，向东营市河口区人民法院提起诉讼，要求 山东富宇支付货款本息合计约 2,378.60 万元。张化机于近日收到东营市河口区人 民法院送达的《受理案件通知书》（2025）鲁 0503 民初 2258 号，公司现将案件 情况公告如下： 一、本次诉讼事项的基本情况 （一）诉讼当事人 1．原告：张化机（苏州）重装有限公司 住所地：江苏省张家港市金港镇长山村临江路 1 号 法定代表人：余忠海 2. 被告：山东富宇石化有限公司 住所 ...

Core Insights - The A-share military industry stocks have shown strong performance, with notable increases in share prices for several companies [1] Group 1: Stock Performance - Aerospace Hongtu (航天宏图) increased by 17.97%, with a total market capitalization of 10.1 billion and a year-to-date increase of 89.85% [2] - Jiezhong Technology (捷众科技) rose by 15.01%, with a market cap of 2.307 billion and a year-to-date increase of 97.39% [2] - North Long Dragon (北方长龙) saw a 13.83% increase, with a market cap of 16.5 billion and a staggering year-to-date increase of 419.86% [2] - Tianwo Technology (天沃科技) increased by 10.06%, with a market cap of 7.893 billion and a year-to-date increase of 106.52% [2] - Jianghai Co., Ltd. (江海股份) rose by 10.01%, with a market cap of 28.3 billion and a year-to-date increase of 92.12% [2] - Other notable performers include Zhehai De Man (浙海德曼) and Xing Sen Technology (兴森科技), both showing increases of over 7% [1][2]

Market Performance - On August 28, the professional engineering sector rose by 0.85% compared to the previous trading day, with Zhenhai Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Individual Stock Performance - Zhenhai Co., Ltd. (603637) closed at 11.78, with a gain of 7.97% and a trading volume of 274,900 shares, amounting to a transaction value of 318 million yuan [1] - Other notable performers included: - ShenlvdA (000032) at 27.93, up 7.01%, with a trading volume of 1,030,200 shares [1] - Tianwo Technology (002564) at 8.35, up 6.51%, with a trading volume of 667,000 shares [1] - Shenghui Integration (603163) at 40.50, up 6.02%, with a trading volume of 81,100 shares [1] Capital Flow Analysis - The professional engineering sector experienced a net outflow of 229 million yuan from institutional investors, while retail investors saw a net inflow of 154 million yuan [2] - Notable capital flows included: - Deep Sanda A (000032) with a net inflow of 206 million yuan from institutional investors [3] - Tianwo Technology (002564) with a net inflow of 25 million yuan from institutional investors [3] - Precision Steel Structure (600496) with a net inflow of 724,680 yuan from institutional investors [3]

Market Overview - The professional engineering sector increased by 1.04% on August 26, with Yaxiang Integration leading the gains [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Top Gainers in Professional Engineering Sector - Yaxiang Integration (603929) closed at 42.45, up 10.00% with a trading volume of 77,900 shares and a transaction value of 329 million [1] - Sentai Co., Ltd. (603098) closed at 16.20, up 9.98% with a trading volume of 460,500 shares and a transaction value of 733 million [1] - Rishang Group (002593) closed at 5.64, up 9.94% with a trading volume of 679,200 shares and a transaction value of 373 million [1] Other Notable Performers - Aiman Co., Ltd. (605289) closed at 49.88, up 7.57% with a trading volume of 95,400 shares [1] - Nenghuizhi (301046) closed at 22.69, up 4.51% with a trading volume of 86,400 shares [1] - Shenghui Integration (603163) closed at 40.56, up 4.46% with a trading volume of 124,900 shares [1] Decliners in Professional Engineering Sector - Shikong Technology (605178) closed at 25.07, down 4.89% with a trading volume of 54,100 shares and a transaction value of 138 million [2] - Tongguan Mining Construction (920019) closed at 24.93, down 3.33% with a trading volume of 47,700 shares and a transaction value of 120 million [2] - Yongfu Co., Ltd. (300712) closed at 26.60, down 2.67% with a trading volume of 48,200 shares and a transaction value of 129 million [2] Capital Flow Analysis - The professional engineering sector saw a net inflow of 172 million from main funds, while retail funds experienced a net outflow of 82.72 million [2] - Notable net inflows from main funds included Rishang Group (1.22 million) and Shensanda A (1.03 million) [3] - Significant net outflows from retail funds were observed in Rishang Group (-6.23 million) and Shensanda A (-7.60 million) [3]

Group 1 - The core viewpoint of the news is that Tianwo Technology (002564) has shown a decline in stock price and a mixed performance in its latest financial results, indicating potential challenges ahead [1][3]. - As of August 25, 2025, Tianwo Technology's stock closed at 7.77 yuan, down 0.51%, with a turnover rate of 4.88% and a trading volume of 419,000 hands, amounting to 325 million yuan [1]. - The company experienced a net outflow of main funds amounting to 20.66 million yuan, which represents 6.36% of the total transaction amount, with significant outflows from large orders [1]. Group 2 - For the latest financial period ending in mid-2025, Tianwo Technology reported total operating revenue of 1.241 billion yuan, reflecting a year-on-year growth of 3.61%, while net profit attributable to shareholders decreased by 158.43% to 9.0621 million yuan [1]. - The company's non-recurring net profit was 1.4067 million yuan, showing a substantial year-on-year increase of 104.81% [1]. - Financial ratios indicate a current ratio of 1.606, a quick ratio of 1.259, and a debt-to-asset ratio of 93.18%, suggesting a high level of leverage [1]. Group 3 - Tianwo Technology, established in 2001 and located in Suzhou, primarily engages in the timber engineering construction industry, with a registered capital of approximately 858.90 million yuan [1][2]. - The company has made investments in 19 enterprises and participated in 81 bidding projects, showcasing its active engagement in the market [2]. - Tianwo Technology holds 34 trademark registrations and 105 patents, along with 11 administrative licenses, indicating a focus on intellectual property and regulatory compliance [2].

Core Viewpoint - Tianwo Technology (002564) reported mixed financial results for the first half of 2025, with revenue growth but significant losses in net profit, indicating challenges in the competitive market and potential cash flow issues [1][3]. Financial Performance Summary - Total revenue for the first half of 2025 reached 1.241 billion yuan, a year-on-year increase of 3.61% compared to 1.198 billion yuan in 2024 [1]. - The net profit attributable to shareholders was -9.0621 million yuan, a decline of 158.43% from a profit of 15.5084 million yuan in the previous year [1]. - The second quarter alone saw total revenue of 636 million yuan, up 12.16% year-on-year, but the net profit was -27.4546 million yuan, a staggering drop of 4288.85% [1]. - Gross margin decreased to 17.02%, down 1.65% year-on-year, while net margin fell to 0.85%, a decrease of 26.2% [1]. - Total receivables reached 1.17 billion yuan, representing a 5.66% increase from 1.1107 billion yuan in 2024, with receivables accounting for 4867.58% of net profit [1][3]. Cash Flow and Debt Analysis - Cash and cash equivalents decreased by 37.15% due to loan repayments [2]. - Short-term borrowings decreased by 42.53%, while long-term borrowings increased by 3.15% as part of financing structure adjustments [2]. - Financial expenses dropped by 47.21% due to a reduction in interest-bearing debt and financing costs [2]. - Operating cash flow increased by 41.72%, attributed to improved sales collections [2]. Asset and Liability Management - The company reported a significant increase in credit impairment losses, down 295.09%, due to provisions for bad debts [3]. - Asset impairment losses rose by 240.94%, reflecting changes in inventory write-downs [3]. - The company’s return on invested capital (ROIC) was 4.01%, indicating weak capital returns historically, with a median ROIC of 3.53% over the past decade [3]. Business Model and Operational Insights - The company relies heavily on research and marketing for its performance, necessitating a thorough examination of these driving factors [3]. - The financial health indicators suggest concerns regarding cash flow, debt levels, and receivables management, with cash flow to current liabilities at only 38.21% [3].

Group 1 - The company Tianwo Technology (002564.SZ) reported a revenue of 1.241 billion yuan for the first half of the year, representing a year-on-year increase of 3.61% [1] - The company incurred a net loss of 9.06 million yuan, while the net profit attributable to shareholders after deducting non-recurring gains and losses was 1.4067 million yuan, indicating a turnaround from loss to profit year-on-year [1] - The basic earnings per share were reported at -0.0106 yuan [1]

证券代码：002564 证券简称：天沃科技 公告编号：2025-043 苏州天沃科技股份有限公司 关于 2025 年半年度计提资产减值准备的公告 公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 （一）应收款项及合同资产减值准备的计提办法 本公司对于以摊余成本计量的金融资产、合同资产等，以预期信用损失为基 础确认损失准备。 对于应收票据、应收账款及合同资产，无论是否存在重大融资成分，本公司 均按照整个存续期的预期信用损失计量损失准备。 对于存在客观证据表明存在减值，以及其他适用于单项评估的应收票据、应 收账款、其他应收款、应收款项融资、合同资产及长期应收款等单独进行减值测 根据《企业会计准则》及《深圳证券交易所上市公司自律监管指引第 1 号 ——主板上市公司规范运作》等相关规定的要求，苏州天沃科技股份有限公司（以 下简称"公司"）为真实、准确地反映截至 2025 年 6 月 30 日的财务状况、资产价 值及经营成果，基于谨慎性原则，对公司及下属子公司的各类资产进行了全面检 查和减值测试，2025 年上半年拟计提各项资产减值准备共计-1,124.94 万元（正 数代 ...