Revenue and Profit - Q3 2025 revenue was CNY 2,714,182,870.73, a decrease of 12.39% year-on-year, while year-to-date revenue reached CNY 10,416,716,473.59, down 8.57%[5] - Net profit attributable to shareholders was CNY 12,228,292.64, an increase of 335.13% year-on-year, with year-to-date net profit at CNY 35,254,831.60, up 234.89%[5] - Basic earnings per share for Q3 2025 was CNY 0.04, reflecting a 300.00% increase year-on-year, while diluted earnings per share also stood at CNY 0.04[5] - The company’s net profit increased to ¥36,170,635.12, representing a growth of 344.13% compared to the previous period[10] - Operating profit surged to ¥56,179,960.92, marking a significant increase of 298.29% year-over-year[10] - The total comprehensive income reached ¥36,108,782.74, reflecting a 243.41% increase compared to the previous year[10] - Net profit for the period reached ¥36,170,635.12, significantly up from ¥8,144,127.61, representing a year-over-year increase of 344.56%[23] Assets and Liabilities - Total assets as of September 30, 2025, were CNY 7,271,002,741.88, a decrease of 11.83% compared to the end of the previous year[5] - The total assets decreased to ¥7,271,002,741.88 from ¥8,246,845,360.85, reflecting a reduction of 11.83%[21] - Total liabilities decreased to ¥5,583,186,880.35 from ¥6,527,148,301.23, a decline of 14.48%[21] - The company’s total current liabilities decreased to ¥4,589,114,636.76 from ¥5,677,521,484.33, a reduction of 19.19%[20] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 877,354,756.28, representing a 45.09% increase in outflow year-to-date[5] - Net cash flow from operating activities was negative CNY 877,354,756.28, an improvement from negative CNY 1,597,859,700.57 in the previous period[26] - Cash inflow from operating activities totaled CNY 10,877,801,474.33, down from CNY 11,966,365,698.27 in the previous period, reflecting a decrease of approximately 9.1%[25] - Cash outflow from operating activities was CNY 11,755,156,230.61, compared to CNY 13,564,225,398.84 in the previous period, showing a reduction of about 13.3%[25] - Net cash flow from investing activities was negative CNY 104,220,021.06, an improvement from negative CNY 203,622,156.15 in the previous period[26] - Net cash flow from financing activities was CNY 445,837,499.21, down from CNY 1,814,771,681.01 in the previous period, indicating a decrease of approximately 75.5%[26] - The ending cash and cash equivalents balance was CNY 519,651,452.78, compared to CNY 299,392,356.23 in the previous period, reflecting an increase of about 73.7%[26] Accounts Receivable and Payable - Accounts receivable increased by 103.60% to CNY 947,603,946.43, attributed to seasonal business peaks and outstanding customer credit[9] - The company reported a significant increase in accounts receivable, which rose to ¥947,603,946.43 from ¥465,425,307.26, marking a growth of 103.67%[19] Research and Development - Research and development expenses rose by 283.68% to CNY 3,028,488.65, indicating increased investment in new product development[9] - Research and development expenses increased to ¥3,380,447.39 from ¥2,839,941.88, an increase of 19.08%[23] Government Grants and Other Income - Other income rose by 91.02% to ¥11,299,452.18, primarily due to an increase in government subsidies recognized in profit and loss[10] - The company received government grants and compensation amounting to ¥5,004,553.25, up 115.98% from the prior period[10] Expansion Plans - The company established 39 county-level agricultural service companies as part of its expansion strategy, with a registered capital of ¥300,000 each[15] - The company plans to set up no more than 100 county-level agricultural service companies across Guangdong Province by September 30, 2025[15]

证券日报网讯天禾股份（002999）10月22日在互动平台回答投资者提问时表示，截至2025年10月20日， 公司股东总户数23850户，机构总户数3458户。 ...

证券日报网讯天禾股份10月15日在互动平台回答投资者提问时表示，截至2025年10月10日，公司股东总 户数23，764户，机构总户数3，232户。 （文章来源：证券日报） ...

Core Viewpoint - Tianhe Co., Ltd. (002999) reported on October 10 that as of September 30, 2025, the total number of shareholders is 23,771, with institutional investors accounting for 3,143 of these [1] Summary by Category - **Shareholder Information** - Total number of shareholders is 23,771 [1] - Total number of institutional investors is 3,143 [1]

Group 1 - The company Tianhe Co., Ltd. (002999) reported that as of September 19, 2025, the total number of shareholders is 23,819 [1] - Among the total shareholders, the number of institutional shareholders is 3,225 [1]

Market Overview - The agricultural chemical sector experienced a decline of 1.98% on September 18, with LuHua Technology leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Stock Performance - Notable gainers in the agricultural chemical sector included: - BaiAo Chemical (603360) with a closing price of 25.43, up 2.21% on a trading volume of 251,300 shares and a turnover of 644 million yuan [1] - Jinzhengda (002470) closed at 1.93, up 1.58% with a trading volume of 1,711,800 shares and a turnover of 333 million yuan [1] - Major decliners included: - LuHua Technology (600691) which fell by 5.16% to a closing price of 2.94, with a trading volume of 1,250,400 shares and a turnover of 376 million yuan [2] - Dongfang Tower (002545) decreased by 4.94% to 13.29, with a trading volume of 502,100 shares and a turnover of 673 million yuan [2] Capital Flow - The agricultural chemical sector saw a net outflow of 962 million yuan from institutional investors, while retail investors contributed a net inflow of 539 million yuan [2] - The sector's capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - BaTian Co. (002170) had a net inflow of 47.74 million yuan from institutional investors, representing 12.90% of its trading volume [3] - New安股份 (600596) experienced a net inflow of 16.36 million yuan from institutional investors, accounting for 5.54% of its trading volume [3] - In contrast, 富邦科技 (300387) saw a net outflow of 15.66 million yuan from retail investors, indicating a potential shift in investor sentiment [3]

特此公告。 广东天禾农资股份有限公司董事会 2025 年 9 月 17 日 关于参加 2025 年广东辖区投资者集体接待日 暨辖区上市公司中报业绩说明会的公告 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。 为进一步加强与投资者的互动交流，广东天禾农资股份有限公司（以下简称 "公司"）将参加由广东证监局、广东上市公司协会联合举办的"2025年广东辖 区投资者集体接待日暨辖区上市公司中报业绩说明会"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演APP，参 与本次互动交流，活动时间为2025年9月19日（星期五）15:30-17:00。出席本次 活动的公司人员有：董事长刘艺先生，董事、财务总监邹金汉先生，独立董事冯 夏先生，董事会秘书刘勇峰先生（如遇特殊情况，参会人员可能进行调整）。届 时公司出席人员将在线就2025年半年度业绩、公司治理、发展战略、经营状况和 可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊 跃参与。 ...

Core Viewpoint - Tianhe Co., Ltd. (002999) reported on September 15 that as of September 10, 2025, the total number of shareholders is 24,075, with 3,642 being institutional investors [1] Summary by Category - **Shareholder Information** - The total number of shareholders for Tianhe Co., Ltd. is 24,075 as of September 10, 2025 [1] - Among these, the number of institutional shareholders is 3,642 [1]

Group 1 - The article highlights a trend of decreasing shareholder accounts among 773 companies, with 113 companies experiencing a decline for more than three consecutive periods, indicating a concentration of shares [1] - Notable companies with significant declines in shareholder accounts include ZTE Corporation, which has seen a decrease of 21.09% over 13 periods, and Tianhe Co., which has decreased by 24.50% over 12 periods [1] - Companies with the largest recent declines in shareholder accounts include Yalian Machinery (-25.51%), Igor (-21.80%), and Naipu Mining (-16.69%) [1] Group 2 - Among the companies with declining shareholder accounts, 62 have seen their stock prices rise, while 51 have experienced declines, with Haichen Pharmaceutical, Filinger, and ST Kevin showing notable increases of 68.87%, 57.56%, and 35.13% respectively [2] - 28 companies, or 24.78%, outperformed the Shanghai Composite Index during this period, with Haichen Pharmaceutical, Filinger, and ST Kevin achieving relative returns of 56.24%, 50.87%, and 27.27% respectively [2] - The industries with the highest concentration of companies experiencing declining shareholder accounts include basic chemicals, machinery equipment, and pharmaceutical biology, with 13, 13, and 10 companies respectively [2] Group 3 - In terms of institutional interest, 12 companies with declining shareholder accounts were investigated by institutions in the past month, with notable frequency in investigations for Zhongqi Co., Kairun Co., and Opcon Vision, receiving 4, 3, and 2 inquiries respectively [2] - The companies with the highest number of institutional participants in their investigations include Kairun Co. (50 institutions), Xinbao Co. (38 institutions), and Naipu Mining (32 institutions) [2]

Core Insights - The article highlights a trend of decreasing shareholder accounts among 631 companies, indicating a concentration of shares among fewer investors [1][2] - Notable companies with significant declines in shareholder accounts include ZTE Corporation and Tianhe Co., with reductions of 21.09% and 24.50% respectively [1][2] - The article also discusses the stock performance of companies with declining shareholder accounts, noting that 47 stocks have risen while 54 have fallen, with Hai Chen Pharmaceutical showing the highest increase at 73.17% [2][3] Company Analysis - ZTE Corporation has the highest number of shareholder accounts at 428,391, having decreased for 13 consecutive periods, with a total decline of 21.09% [1][3] - Tianhe Co. has 23,874 shareholder accounts, down 24.50% over 12 periods [1][5] - Other companies with notable declines include Yalian Machinery, Igor, and Naipu Mining, with decreases of 25.51%, 21.80%, and 16.69% respectively [1][2] Stock Performance - Among the companies with declining shareholder accounts, Hai Chen Pharmaceutical, Zhengye Technology, and *ST Jinglun have shown significant stock price increases of 73.17%, 31.06%, and 30.71% respectively [2][3] - 22 out of the companies with decreasing shareholder accounts outperformed the Shanghai Composite Index, with Hai Chen Pharmaceutical achieving a relative return of 60.54% [2][3] Industry Insights - The industries with the highest concentration of companies experiencing declining shareholder accounts include basic chemicals, machinery equipment, and pharmaceutical biology, with 12, 10, and 9 companies respectively [2][3] - The majority of the companies with declining shareholder accounts are listed on the main board, with 60 companies compared to 41 on the Growth Enterprise Market [2][3] Institutional Activity - Eight companies with declining shareholder accounts have been subject to institutional research in the past month, with notable frequency in companies like Zhongqi Co., Naipu Mining, and Kairun Co. [2][3] - The companies with the highest number of institutional participants in research include Kairun Co. (50 institutions), Xinbao Co. (38 institutions), and Yaben Chemical (35 institutions) [2][3]