Group 1 - The core point of the article is that Tian Shun Co., Ltd. reported significant declines in both revenue and net profit for the third quarter and the first three quarters of the year [1] Group 2 - In the third quarter, the company's revenue was 276 million, a decrease of 46.66% [1] - The net profit for the third quarter was a loss of 6.32 million, representing a decline of 162.10% [1] - For the first three quarters, the revenue totaled 782 million, down 22.67% [1] - The net profit for the first three quarters was a loss of 12.67 million, reflecting a decrease of 170.04% [1]

表决结果：同意【7】票，反对【0】票，弃权【0】票。 证券代码：002800 证券简称：天顺股份 公告编号：2025-062 新疆天顺供应链股份有限公司 第六届董事会第四次临时会议决议公告 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。 一、董事会会议召开情况 新疆天顺供应链股份有限公司（以下简称"公司"）第六届董事会第四次临 时会议于 2025 年 10 月 24 日北京时间 11:00 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 10 月 19 日以电子邮件及微信等方式送达全体董事。本次会议应参加表决的董 事 7 名，实际参加表决的董事 7 名。会议由董事长丁治平先生主持，公司部分高 级管理人员列席会议。本次会议的召集、召开、表决程序均符合《公司法》和《公 司章程》等有关规定，会议决议真实、合法、有效。 二、董事会会议审议情况 本次会议以记名投票表决方式审议并通过了以下决议： 1.审议通过了《关于2025年第三季度报告的议案》 具体内容详见公司当日刊登于巨潮资讯网（http://www ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥276,292,113.12, a decrease of 46.66% compared to the same period last year[5] - The net profit attributable to shareholders was -¥6,324,851.83, reflecting a decline of 162.10% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥5,600,110.69, down 202.65% from the previous year[5] - Total operating revenue for the current period is ¥781,928,058.59, a decrease of 22.67% compared to ¥1,011,207,009.73 in the previous period[22] - The net profit for the current period is a loss of ¥14,738,488.32, compared to a profit of ¥19,903,653.29 in the previous period, representing a significant decline[23] - The company’s total profit (loss) for the current period is -¥14,272,080.25, compared to ¥22,666,622.57 in the previous period[23] - The company’s operating profit (loss) is reported at -¥8,348,755.31, a decline from ¥25,759,224.27 in the previous period[23] Cash Flow - The cash flow from operating activities for the year-to-date was ¥115,077,787.77, an increase of 139.96%[5] - The cash flow from operating activities shows a net inflow of ¥115,077,787.77, contrasting with a net outflow of ¥287,968,148.19 in the previous period[25] - Investment activities resulted in a net cash outflow of ¥563,087.11, compared to a net outflow of ¥900,482.66 in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,033,748,974.77, a decrease of 10.01% from the end of the previous year[5] - The company's total liabilities decreased from CNY 620,696,281.89 to CNY 523,262,581.10, representing a reduction of about 15.7%[20] - The company's total equity decreased from CNY 527,987,407.64 to CNY 510,486,393.67, a reduction of about 3.3%[21] - The company’s cash and cash equivalents increased to CNY 144,078,766.90 from CNY 142,582,245.59, showing a slight increase of 1.05%[19] - Accounts receivable decreased significantly from CNY 513,803,592.74 to CNY 402,062,762.11, a decline of approximately 21.8%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,619[11] - The largest shareholder, Zhoushan Tianshun Equity Investment Co., Ltd., holds 43.25% of the shares, totaling 65,856,000 shares[11] Expenses and Financial Metrics - The company's basic and diluted earnings per share were both -¥0.0415, a decrease of 189.83% compared to the same period last year[5] - The weighted average return on equity was -1.24%, down 3.17% year-on-year[5] - Financial expenses increased by 147.97% to CNY 11,011,781.32, primarily due to higher loan interest[9] - The company experienced a significant increase in financial expenses, totaling ¥11,011,781.32, compared to ¥4,440,694.86 in the previous period[22] Investments and Subsidiaries - The company established a new wholly-owned subsidiary, Xinjiang Tianxin Supply Chain Co., Ltd., with an investment of CNY 1,000,000[16] - The registered capital of Hainan Qiantai Jiyu Supply Chain Management Service Co., Ltd. was increased from CNY 2,000,000 to CNY 10,000,000 through an investment of CNY 8,000,000[17] Other Financial Metrics - The company recognized government subsidies amounting to ¥333,841.28 during the reporting period, contributing to its financial performance[6] - The company's tax and additional charges decreased by 31.45% to CNY 1,951,642.79 due to reduced business volume during the reporting period[9] - Investment income rose by 43.53% to CNY 3,782,590.08, attributed to increased returns from associated enterprises[9] - Fair value changes resulted in a gain of CNY 388,925.68, a 156.73% increase year-on-year due to fluctuations in trading financial assets[9] - Credit impairment losses surged by 391.03% to CNY -9,029,368.14, reflecting higher provisions under accounting policies[9]

证券代码：002800 证券简称：天顺股份 公告编号：2025-061 新疆天顺供应链股份有限公司 关于累计诉讼、仲裁进展情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、累计诉讼、仲裁事项的基本情况 公司将密切关注后续进展，并及时履行信息披露义务。公司指定的信息披 露媒体为《证券时报》和巨潮资讯网，所有信息均以在前述指定媒体上刊登的 公告为准。敬请各位投资者理性投资，注意投资风险。 特此公告 二、进展情况 2025 年 10 月 23 日，公司收到新疆维吾尔自治区乌鲁木齐市中级人民法院 通知，根据新疆维吾尔自治区乌鲁木齐市中级人民法院民事裁定书[（2024）新 01 协外认 1 号之三]的裁定决定，新疆维吾尔自治区乌鲁木齐市中级人民法院 划扣公司银行账户资金人民币 55,284,934.09 元。最终金额以法院出具的《结 案通知书》为准。 三、其他尚未披露的诉讼、仲裁事项 公司及控股子公司不存在其他应披露而未披露的重大诉讼、仲裁事项。 四、本次公告的诉讼、仲裁对公司本期利润或期后利润的可能影响 基于谨慎性原则，公司以前年度已对本次仲裁事项计提相 ...

Market Overview - On October 23, the logistics sector rose by 0.28% compared to the previous trading day, with Changjiang Investment leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Stock Performance - Changjiang Investment (600119) closed at 9.63, with a gain of 7.12% and a trading volume of 402,400 shares, amounting to a transaction value of 391 million [1] - Other notable performers included Eastern Airlines Logistics (601156) with a 2.55% increase, and Wuchan Zhongda (600704) with a 2.35% increase [1] Fund Flow Analysis - The logistics sector experienced a net outflow of 20.51 million from institutional investors, while retail investors saw a net inflow of 116 million [2] - Major stocks like Changjiang Investment and Wuchan Zhongda had significant net inflows from retail investors, despite overall outflows from institutional and speculative funds [3] Individual Stock Insights - Changjiang Investment had a net inflow of 83.66 million from institutional investors, but a net outflow of 39.65 million from speculative funds [3] - Wuchan Zhongda also saw a net inflow of 70.94 million from institutional investors, with a net outflow of 25.73 million from speculative funds [3]

Core Viewpoint - Tian Shun Co., Ltd. has experienced a stock price decline of 2.01% on October 23, 2023, with a current price of 15.10 CNY per share, despite a year-to-date increase of 46.74% [1][2]. Financial Performance - For the first half of 2025, Tian Shun Co., Ltd. reported a revenue of 506 million CNY, reflecting a year-on-year growth of 2.51%, while the net profit attributable to shareholders was -6.35 million CNY, a decrease of 180.26% compared to the previous year [3]. - Cumulative cash dividends since the A-share listing amount to 44.27 million CNY, with 4.57 million CNY distributed over the last three years [4]. Stock Market Activity - The stock has been on the "Dragon and Tiger List" seven times this year, with the most recent appearance on August 12, 2023, where it recorded a net buy of -3.55 million CNY [2]. - As of October 23, 2023, the stock's trading volume was 37.56 million CNY, with a turnover rate of 1.76% and a total market capitalization of 2.299 billion CNY [1]. Shareholder Information - As of July 31, 2023, the number of shareholders decreased by 2.87% to 16,900, while the average circulating shares per person increased by 2.96% to 8,289 shares [3]. - By June 30, 2025, CITIC Prudential Multi-Strategy Mixed Fund (LOF) A has exited the top ten circulating shareholders [4]. Business Overview - Tian Shun Co., Ltd. is primarily engaged in third-party logistics for bulk and oversized goods, with its main revenue sources being international air logistics services (71.53%), third-party logistics (17.63%), and supply chain management (9.48%) [2]. - The company is classified under the transportation and logistics industry, specifically in road freight, and is associated with concepts such as the China-Europe Railway Express and Western Development [2].

Core Viewpoint - The logistics sector experienced a decline of 1.6% on October 17, with major stocks like Huaguang Yuanhai leading the drop, while the Shanghai Composite Index fell by 1.95% and the Shenzhen Component Index decreased by 3.04% [1][2]. Group 1: Market Performance - The logistics sector's stocks showed mixed performance, with YD Holdings rising by 10.03% to close at 9.76, while Huami Yuanhai fell by 5.74% to 26.58 [1][2]. - The trading volume for YD Holdings was 542,900 shares, with a transaction value of 525 million yuan, indicating strong investor interest [1]. - The overall market saw significant declines, with the Shanghai Composite Index closing at 3839.76 and the Shenzhen Component Index at 12688.94 [1]. Group 2: Capital Flow - The logistics sector experienced a net outflow of 658 million yuan from institutional investors, while retail investors saw a net inflow of 471 million yuan [2][3]. - Notable stocks like Xiamen Guomao and Jianda Co. had varying net inflows and outflows, with Xiamen Guomao seeing a net inflow of 15.31 million yuan from institutional investors [3]. - The overall capital flow indicates a shift in investor sentiment, with retail investors showing more confidence compared to institutional investors [2][3].

证券代码：002800 证券简称：天顺股份 公告编号：2025-060 新疆天顺供应链股份有限公司 关于股东股份质押的公告 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。 新疆天顺供应链股份有限公司（以下简称"公司"）近日接到公司股东胡 晓玲女士的通知，获悉胡晓玲女士所持有本公司的股份被质押，具体事项如下： 一、股东股份质押的基本情况 | 1.本次股份质押基本情况 | | --- | | | 是否 | | | | 是否 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 为控 股股 | | | | 为限 售股 | 是 | | | | | | | 东或 | 本次质押 | 占其所 | 占公司 | （如 | 否 为 | | | | | | 股东 | 第一 | 数量 | 持股份 | 总股本 | 是， | 补 | 质押 | 质押 | 质权人 | 质押 | | 名称 | 大股 | （股） | 比例 | 比例 | 注明 | 充 | 起始日 | 到期日 | | ...

Core Viewpoint - The announcement reveals that shareholder Ms. Hu Xiaoling has pledged 5.8803 million shares of the company, representing 100% of her holdings and 3.86% of the total share capital of the company [1] Summary by Relevant Sections - **Pledge Details** - Ms. Hu Xiaoling has pledged 5.8803 million shares, which is 100% of her holdings [1] - The pledged shares account for 3.86% of the company's total share capital [1] - The pledge initiation date is set for September 30, 2025 [1] - The purpose of the pledge is for production and operation [1] - The pledgee is Anhui Lintong Logistics Co., Ltd. [1] - **Financial Obligations** - There are no significant asset restructuring burdens or performance compensation obligations associated with this pledge [1]

Group 1 - The stock price of Tian Shun Co., Ltd. (002800) closed at 14.68 yuan on September 19, 2025, with an increase of 0.55% and a turnover rate of 4.6% [1] - The trading volume was 64,400 shares, with a total transaction amount of 95.95 million yuan [1] - On September 19, the net inflow of main funds was 5.49 million yuan, indicating increased short-term attention from major investors [3] Group 2 - The company received a government subsidy of 6.375 million yuan from Xinjiang Airport Group, which accounts for 71.49% of the latest audited net profit attributable to shareholders [2] - The subsidy is related to the 2024 international cargo route and has already been received, intended to offset related costs [2][3] - The accounting treatment of this subsidy will be confirmed by the annual audit results [2]