Core Insights - The fourth G3 conference for the agricultural input industry was successfully held in Jiaxing, Zhejiang, organized by Zhejiang Nong Corporation, gathering key players in the sector [1] - The conference focused on strategic transformation and upgrading, discussing challenges and opportunities in the agricultural input supply chain [2] - A consensus was reached among the participating companies to enhance collaboration and drive high-quality development in the agricultural sector [3] Group 1: Conference Overview - The G3 conference brought together Zhejiang Nong Corporation, Huillong Corporation, and Tianhe Corporation, along with leaders from the China Agricultural Input Circulation Association and Zhejiang Supply and Marketing Cooperative [1] - Key topics included supply stability, service to farmers, and strategic planning for the 14th Five-Year Plan [2] Group 2: Strategic Collaboration - A consensus document was signed, emphasizing the commitment to serve farmers, maintain supply stability, and enhance the agricultural supply chain [3] - The companies aim to integrate technological innovation with industry transformation, focusing on digitalization, sustainability, and branding [3] Group 3: Industry Development - Two specialized sessions were held to discuss enhancing capital market recognition of the agricultural input sector and promoting high-quality development in the pesticide business [4] - Participants visited key projects operated by Zhejiang Nong Corporation, gaining insights into modern agricultural practices and service innovations [4] Group 4: Industry Recognition - The successful hosting of the conference reinforced strategic trust and cooperation among listed companies in the agricultural input sector [5] - Leaders from the China Agricultural Input Circulation Association and Zhejiang Supply and Marketing Cooperative acknowledged the companies' efforts to enhance core competitiveness and contribute to national development strategies [5]

Core Points - The company has reported a provision for asset impairment amounting to 21.639 million yuan for the third quarter of 2025, which includes provisions for bad debts and inventory depreciation [9][15][13] - The board of directors and supervisory board have confirmed the accuracy and completeness of the quarterly report, taking legal responsibility for its content [2][20] - The company has established 39 county-level agricultural service companies as of September 30, 2025, with plans to set up a total of 100 [5] Financial Data - The company has not restated any previous accounting data and has not recognized any non-recurring gains or losses [3][4] - The asset impairment provision includes 6.9658 million yuan for accounts receivable, 0.4597 million yuan for other receivables, and 14.2135 million yuan for inventory [9][12][13] - The third quarter financial report has not been audited [8] Corporate Governance - The company held its fifth supervisory board meeting on October 28, 2025, where the quarterly report was approved [19][20] - The fifth board meeting was also held on the same day, with the quarterly report being approved unanimously [25][26] - The audit committee of the board has reviewed and approved the asset impairment provision, confirming its compliance with accounting standards [16]

Group 1 - The company Tianhe Co., Ltd. announced on October 29 that it will recognize an asset impairment provision of 21.639 million yuan for the period from July to September 2025, which will reduce the total profit for the third quarter of 2025 by the same amount [1] - The asset impairment provision reflects the company's financial condition accurately and complies with legal regulations and the company's actual situation, with no harm to the interests of the company and its shareholders [1] - For the first half of 2025, the company's revenue composition shows that wholesale and retail accounted for 99.89%, while other businesses contributed 0.11% [1] Group 2 - As of the report date, the market capitalization of Tianhe Co., Ltd. is 2.4 billion yuan [1]

Core Insights - Tianhe Co., Ltd. reported a third-quarter revenue of 2.714 billion yuan, a year-on-year decrease of 12.39% [1] - The company's net profit attributable to shareholders for the third quarter was 12.2283 million yuan, showing a significant year-on-year increase of 335.13% [1] - For the first three quarters, the total revenue was 10.417 billion yuan, down 8.57% year-on-year, while the net profit attributable to shareholders reached 35.2548 million yuan, up 234.89% year-on-year [1]

Group 1 - Company Tianhe Co., Ltd. reported a revenue of approximately 10.417 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 8.57% [1] - The net profit attributable to shareholders of the listed company was approximately 35.25 million yuan, showing a significant year-on-year increase of 234.89% [1] - Basic earnings per share increased to 0.1 yuan, reflecting a year-on-year growth of 233.33% [1] Group 2 - As of the report, the market capitalization of Tianhe Co., Ltd. stands at 2.4 billion yuan [2]

Company Overview - Tianhe Co., Ltd. (SZ 002999) announced its fifth board meeting on October 28, 2025, where the agenda included the review of the "2025 Q3 Report" [1] - As of the report, Tianhe's market capitalization stands at 2.4 billion yuan [1] Financial Performance - For the first half of 2025, Tianhe's revenue composition shows that wholesale and retail accounted for 99.89%, while other businesses contributed 0.11% [1]

证券代码：002999 证券简称：天禾股份 公告编号：2025-050 广东天禾农资股份有限公司 关于2025年第三季度计提资产减值准备的公告 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。 广东天禾农资股份有限公司（以下简称"公司"）根据《企业会计准则》《深 圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指南第 1 号— —业务办理》等相关规定，将公司 2025 年第三季度计提资产减值准备的具体情 况公告如下： 一、本次计提资产减值准备概述 （一）本次计提资产减值准备的依据和原因 根据《企业会计准则》《深圳证券交易所股票上市规则》《深圳证券交易所 上市公司自律监管指南第 1 号——业务办理》以及公司相关会计政策，为了更加 真实、准确地反映公司截至 2025 年 09 月 30 日的资产状况和经营成果，公司对 2025 年第三季度末的资产进行了清查和减值测试。 （二）本次计提资产减值准备的资产范围、金额 根据相关法规及公司制度要求，结合公司运营的实际情况，本着谨慎性原则， 公司及控股子公司 2025 年第三季度计提资产减值准备 2,163.90 万 ...

证券代码：002999 证券简称：天禾股份 公告编号：2025-048 经审核，监事会认为：董事会编制和审议《2025 年第三季度报告》的程序 符合法律、行政法规及中国证监会、深圳证券交易所的相关规定，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。 具体内容详见公司披露于巨潮资讯网（http://www.cninfo.com.cn）的《2025 年第三季度报告》（公告编号：2025-049）。 广东天禾农资股份有限公司 第五届监事会第二十八次会议决议公告 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 广东天禾农资股份有限公司（以下简称"公司"）第五届监事会第二十八次 会议于 2025 年 10 月 28 日（星期二）在公司八楼会议室以现场方式召开。会议 通知已于 2025 年 10 月 24 日通过邮件的方式送达各位监事。本次会议应出席监 事 3 人，实际出席监事 3 人。 会议由监事会主席唐晓明召集并主持。本次会议召开符合有关法律、行政法 规、部门规章和《广东天禾农资股份有限公司章程 ...

Core Viewpoint - Tianhe Co., Ltd. reported a decline in revenue for the third quarter while achieving significant growth in net profit compared to the previous year [1] Financial Performance - The company's revenue for the third quarter was 2.714 billion yuan, a year-on-year decrease of 12.39% [1] - Net profit for the third quarter reached 12.2283 million yuan, marking a year-on-year increase of 335.13% [1] - For the first three quarters, total revenue amounted to 10.417 billion yuan, reflecting a year-on-year decline of 8.57% [1] - Net profit for the first three quarters was 35.2548 million yuan, which represents a year-on-year growth of 234.89% [1]

证券代码：002999 证券简称：天禾股份 公告编号：2025-047 广东天禾农资股份有限公司 第五届董事会第五十九次会议决议公告 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 公司根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律 监管指南第 2 号——公告格式》等法律法规的规定编制完成了《2025 年第三季 度报告》，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。 公司审计委员会审议通过了此议案。 具体内容详见公司披露于巨潮资讯网（http://www.cninfo.com.cn）的《2025 年第三季度报告》（公告编号：2025-049）。 表决结果：9 票同意，0 票反对，0 票弃权。 三、备查文件 1、第五届董事会第五十九次会议决议； 2、第五届董事会审计委员会 2025 年第四次会议决议。 广东天禾农资股份有限公司（以下简称"公司"）第五届董事会第五十九次 会议于 2025 年 10 月 28 日（星期二）在公司八楼会议室以现场结合通讯的方式 召开。会议通知已于 ...