Group 1: Company Overview and Strategic Positioning - The company possesses competitive advantages such as brand strength, air cargo strategy, service network, experienced management team, and geographical benefits [2] - Key risks include macroeconomic fluctuations and market competition, with a commitment to align with the "Belt and Road" initiative [2][3] Group 2: Financial Performance - In 2024, the company achieved a revenue of CNY 152,971.24 million, representing a year-on-year growth of 61.00% [4] - The net profit attributable to the parent company was CNY 891.67 million, marking a turnaround from losses [4] Group 3: Future Growth and Expansion Plans - The company aims to deepen international logistics cooperation, focusing on air logistics, China-Europe freight trains, and international road logistics [4][6] - Plans to enhance energy supply chain operations, particularly in coal transportation from Xinjiang and Shanxi to Hebei [4][6] Group 4: Logistics and Transportation Strategy - The company is developing a 12-hour air logistics circle centered in Urumqi, targeting the Caspian economic zone [5] - Expansion plans include new air routes to major manufacturing centers in Europe and North America, as well as establishing a direct cargo flight from Xi'an to Tel Aviv [5][6] Group 5: Operational Goals and Strategic Initiatives - The company is committed to integrating internal resources and enhancing operational efficiency through management improvements and cost reductions [7] - It aims to build a modern logistics network and strengthen core competitiveness to become a globally influential logistics supply chain enterprise [7]

国浩律师（乌鲁木齐）事务所 股东大会法律意见书 国浩律师（乌鲁木齐）事务所 关于新疆天顺供应链股份有限公司 法律意见书 北京 • 上海 • 深圳 • 杭州 • 广州 • 昆明 • 天津 • 成都 • 宁波 • 福州 • 西安 • 南京 • 南宁 • 济南 • 重庆 • 苏州 • 长沙 • 太原 • 武汉 • 贵阳 • 乌鲁木齐 • 香港 • 巴黎 • 马德里 • 硅谷 新疆乌鲁木齐经济技术开发区云台山街 499 号盛达广场 15 层 郵編：830000 電話: (+86)(991) 3070688 傳真: (+86)(991)3070288 網址:http://www.grandall.com.cn 1 国浩律师（乌鲁木齐）事务所 股东大会法律意见书 国浩律师（乌鲁木齐）事务所 关于新疆天顺供应链股份有限公司 二〇二四年度股东大会法律意见书 二〇二四年度股东大会 国浩律师（乌鲁木齐）事务所 股东大会法律意见书 二、出席本次年度股东大会人员的资格 致：新疆天顺供应链股份有限公司 国浩律师（乌鲁木齐）事务所（下称本所）接受新疆天顺供应链股份有限公 司（下称公司）的委托，委派本所张瑞琛律师、王燕梅律师出席公司 20 ...

1.本次股东大会未出现否决提案的情形。 2.本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 1.会议召开时间： （1）现场会议时间：2025 年 5 月 8 日（星期四）北京时间 14:50 证券代码：002800 证券简称：天顺股份 公告编号：2025-022 新疆天顺供应链股份有限公司 2024 年度股东大会决议公告 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： （2）网络投票时间：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 5 月 8 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进行网络投票的开始时间为 2025 年 5 月 8 日 9：15， 结束时间为 2025 年 5 月 8 日 15：00。 2.会议召开地点：新疆乌鲁木齐市经济技术开发区大连街 52 号新疆天顺供 应链股份有限公司四楼会议室。 3.会议召开方式：本次股东大会采用现场投票与网络投票相结合的方式。 4.会议召集人：公司董事会。 5.会议主持人：公司董事长丁治 ...

Core Viewpoint - Tian Shun Co., Ltd. (002800) reported a closing price of 12.29 yuan on April 25, 2025, with a 3.02% increase, indicating positive market sentiment despite mixed fund flows [1] Fund Flow Summary - On April 25, 2025, the net inflow of main funds was 14.87 million yuan, accounting for 6.71% of the total transaction amount, while retail investors experienced a net outflow of 8.69 million yuan, representing 3.92% of the total [1][2] - Over the past five days, the stock has seen fluctuating fund flows, with notable net inflows and outflows from different investor categories [2] Financial Performance Summary - For Q1 2025, Tian Shun Co., Ltd. reported a main revenue of 246 million yuan, a year-on-year increase of 43.32%, but a net profit attributable to shareholders of 1.93 million yuan, a decline of 49.48% [3] - The company’s gross profit margin stood at 5.1%, significantly lower than the industry average of 15.1%, indicating potential challenges in profitability [3] - Key financial metrics include a total market value of 1.87 billion yuan, a net asset value of 529 million yuan, and a debt ratio of 55.41% [3] Industry Comparison - Tian Shun Co., Ltd. ranks below industry averages in several key metrics, including net profit, price-to-earnings ratio (241.8 vs. industry average of 40.14), and return on equity (0.37% vs. industry average of 2.82%) [3]

Group 1 - Changlian Co., Ltd. experienced a sharp increase, hitting the daily limit up [1] - Shanghai Material Trade previously reached the daily limit up [1] - Dongfang Chuangye, Jiayou International, and Feima International rose over 5% [1] Group 2 - Changjiang Investment, Shanghai Yashi, Tianshun Co., Ltd., and Huamao Logistics also saw gains [1]

Financial Performance - The company reported a basic earnings per share of 0.0127 yuan for Q1 2025, a decrease of 49.4% compared to 0.0251 yuan in Q1 2024 [1] - The net profit for Q1 2025 was 0.02 billion yuan, down 50% from 0.04 billion yuan in Q1 2024 [1] - The operating revenue increased by 43.02% to 2.46 billion yuan in Q1 2025, compared to 1.72 billion yuan in Q1 2024 [1] - The return on equity (ROE) decreased to 0.37% in Q1 2025 from 0.74% in Q1 2024, reflecting a decline of 50% [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 77.24 million shares, accounting for 54.52% of the circulating shares, with a decrease of 277,700 shares compared to the previous period [1] - Zhoushan Tianshun Equity Investment Co., Ltd. remains the largest shareholder with 65.86 million shares, representing 46.49% of the total share capital [2] - New entrants among the top shareholders include Morgan Stanley & Co. International PLC and CITIC Prudential Multi-Strategy Mixed (LOF) A, both holding 0.64% and 0.55% of the total shares respectively [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

新疆天顺供应链股份有限公司 第五届监事会第二十七次临时会议决议公告 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。 一、监事会会议召开情况 新疆天顺供应链股份有限公司（以下简称"公司"）第五届监事会第二十七 次临时会议于 2025 年 4 月 23 日北京时间 13:00 在乌鲁木齐经济技术开发区大连 街 52 号公司四楼会议室以现场和视频相结合的方式召开，会议通知及材料于 2025 年 4 月 18 日以电子邮件及微信等方式送达全体监事。本次会议应参加表决 的监事3名，实际参加表决的监事3名。本次会议由监事会主席黄绍英女士主持。 本次会议的召集、召开、表决程序符合《公司法》和《公司章程》等有关规定， 会议决议真实、合法、有效。 二、监事会会议审议情况 证券代码：002800 证券简称：天顺股份 公告编号：2025-019 经审核，监事会认为公司《2025年第一季度报告》的编制程序符合《公司章 程》等相关法律法规的规定，报告内容真实、准确、完整地反映了公司的实际情 况，不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见公司当日刊登于巨潮资讯网（http ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥245,824,666.62, representing a 43.32% increase compared to ¥171,518,930.60 in the same period last year[5]. - Net profit attributable to shareholders decreased by 49.48% to ¥1,934,610.61 from ¥3,829,143.70 year-on-year[5]. - Basic earnings per share fell by 49.40% to ¥0.0127 from ¥0.0251 in the same quarter last year[5]. - Net profit for the current period was ¥1,506,652.99, down from ¥5,343,306.32 in the previous period, reflecting a decline of approximately 71.9%[24]. - Earnings per share (basic and diluted) decreased to ¥0.0127 from ¥0.0251, a reduction of about 49.3%[24]. Cash Flow - The net cash flow from operating activities dropped significantly by 82.63%, amounting to ¥899,062.91 compared to ¥5,176,107.28 in the previous year[5]. - Cash flow from operating activities generated a net amount of ¥899,062.91, significantly lower than ¥5,176,107.28 in the previous period, indicating a decline of approximately 82.7%[24]. - Net cash flow from investment activities was -521,356.64 thousand, compared to -847,233.66 thousand in the previous period, indicating an improvement[25]. - Cash inflow from financing activities totaled 78,100,000.00 thousand, up from 50,100,000.00 thousand, reflecting a significant increase in financing[25]. - Net cash flow from financing activities was 49,607,011.83 thousand, a substantial rise from 2,640,359.82 thousand in the prior period[25]. - The net increase in cash and cash equivalents was 49,984,718.10 thousand, compared to 6,969,233.44 thousand previously, showing strong liquidity growth[25]. - The ending balance of cash and cash equivalents was 136,790,261.77 thousand, down from 168,429,492.60 thousand, indicating a decrease in cash reserves[25]. Assets and Liabilities - The total assets at the end of the reporting period increased by 3.38% to ¥1,187,456,153.99 from ¥1,148,683,689.53 at the end of the previous year[5]. - Current assets amounted to ¥968,858,123.36, up from ¥929,034,027.50 at the start of the period, indicating a growth of approximately 3.9%[19]. - The company reported a total asset of ¥1,187,456,153.99 as of March 31, 2025, an increase from ¥1,148,683,689.53 at the beginning of the period[19]. - The total liabilities increased to ¥657,962,093.36 from ¥620,696,281.89, marking an increase of about 6.0%[21]. - The company’s total liabilities increased, with current liabilities including accounts payable at ¥38,086,578.53, down from ¥42,300,850.26, a decrease of about 9.4%[19]. Operational Efficiency - The company reported a significant increase in international air cargo service revenue, achieving ¥172 million, a year-on-year growth of 263.64%[10]. - The operational efficiency of the Haikou-Milan and Hangzhou-Vancouver routes contributed 98.83% to the revenue, indicating a strong performance in strategic routes[10]. Financial Support and Changes - The company provided a guarantee for a loan of ¥10 million to its subsidiary, indicating ongoing financial support for its operations[15]. - The company has undergone several changes in its subsidiaries' business scope, including the addition of oil wholesale and gas operations[17]. Equity and Shareholder Information - The total equity attributable to shareholders increased slightly by 0.37% to ¥520,898,554.61 from ¥518,963,944.00 at the end of the previous year[5]. - The company’s major shareholder, Wang Puyu, holds a controlling interest of 68.05% in Zhoushan Tianshun Equity Investment Co., Ltd.[14].

证券代码：002800 证券简称：天顺股份 公告编号：2025-021 新疆天顺供应链股份有限公司 关于举行2024年度业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 新疆天顺供应链股份有限公司（以下简称"公司"）于2025年4月18日披露 了《2024年年度报告》，为使广大投资者进一步详细了解公司经营、财务状况等 问题，公司定于2025年5月9日（星期五）15:00—17:00在深圳证券交易所"互动 易"平台（http://irm.cninfo.com.cn）"云访谈"栏目举办2024年度业绩说明会。 本次年度业绩说明会将采用网络远程文字交流的方式举行，届时公司将就公司治 理、发展战略、经营状况等投资者所关心的问题与投资者在线交流。 欢迎广大投资者积极参与本次网上业绩说明会。 特此公告 新疆天顺供应链股份有限公司 董事会 2025 年 4 月 25 日 1 出席本次说明会的人员有：公司董事长兼总经理（代行财务总监）丁治平先 生，副总经理兼董事会秘书高翔先生、独立董事边新俊先生。 为充分尊重投资者，增进投资者对公司的了解，以提升公司治理水平和 ...