证券代码：300008 证券简称：天海防务 公告编号：2025-086 天海融合防务装备技术股份有限公司 召开2025年第二次临时股东会通知 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 天海融合防务装备技术股份有限公司（以下简称"公司"）第六届董事会第十六次会议做出 决议，决定于 2025 年 11 月 12 日（星期三）14:45 召开 2025 年第二次临时股东会，现将有关 事项通知如下： 一、召开会议的基本情况 1、股东会届次：2025 年第二次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所创业板股票上 市规则》《深圳证券交易所上市公司自律监管指引第 2 号—创业板上市公司规范运作》等法律、 行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 11 月 12 日 14:45。 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 12 日 9:15-9:25，9:30-11:30，13:00-15:00 ...

证券代码：300008 证券简称：天海防务 公告编号：2025-083 天海融合防务装备技术股份有限公司 具体内容详见同日公布在中国证监会指定信息披露网站上的《2025 年第三季度报告》（公 告编号：2025-084）。 二、审议通过了《关于增加 2025 年度公司向金融机构申请综合授信额度的议案》 第六届董事会第十六次会议决议公告 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。 天海融合防务装备技术股份有限公司（以下简称"公司"）第六届董事会第十六次会议于 2025 年 10 月 27 日 10:00 在上海市松江区莘砖公路 518 号 10 号楼 8 楼学术交流室以现场和通 讯相结合的方式召开，会议通知于 2025 年 10 月 24 日以邮件、微信方式送达。本次会议应参 加董事 9 人，实际参加董事 9 人，会议由董事长何旭东先生主持，公司监事、高管列席了会议。 本次会议举行与召开符合《公司法》和《公司章程》的有关规定。与会董事经认真审议，形成 决议如下： 一、审议通过了《关于<公司 2025 年第三季度报告>全文的议案》 本议案已经董事会审计委员会审议 ...

Financial Performance - Revenue for Q3 2025 reached ¥1,304,965,518.13, an increase of 57.27% year-over-year[7] - Net profit attributable to shareholders was ¥106,053,943.99, a significant increase of 566.25% compared to the same period last year[7] - Basic earnings per share rose to ¥0.0614, reflecting a growth of 567.39% year-over-year[7] - Operating revenue increased to ¥314,812.85 million, a 34.50% year-over-year growth driven by the rise in the number and value of shipbuilding projects[13] - Net profit attributable to shareholders reached ¥23,158.56 million, reflecting a significant increase of 202.12% compared to the previous period[13] - Total operating revenue for the current period reached ¥3,148,128,451.11, a 34.5% increase from ¥2,340,567,346.03 in the previous period[22] - Net profit for the current period was ¥232,553,485.72, compared to ¥77,973,749.38 in the previous period, representing a 198.5% increase[23] - Basic and diluted earnings per share rose to ¥0.1340 from ¥0.0444, marking a significant improvement[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥5,494,082,578.95, representing a 17.64% increase from the previous year[7] - Current assets increased to ¥4,154,689,906.05 from ¥3,298,749,175.59, reflecting a growth of approximately 25.9%[20] - Total liabilities reached ¥3,146,113,271.80, compared to ¥2,561,455,011.19 at the beginning of the period, indicating a growth of around 22.8%[21] - Short-term borrowings rose by 66.00% to ¥107,039.45, attributed to increased financing for production[12] - Short-term borrowings increased significantly to ¥1,070,394,531.81 from ¥644,827,686.93, marking a rise of approximately 66.2%[21] Cash Flow - Cash flow from operating activities showed a net outflow of ¥141,910,216.72, a decrease of 41.32% year-over-year[7] - Cash inflow from operating activities was ¥333,238.99 million, up 6.73% year-over-year, while cash outflow was ¥347,430.01 million, an increase of 3.28%[13] - The net cash flow from operating activities improved to -¥14,191.02 million, a 41.32% reduction in losses compared to the previous period[13] - Cash flow from operating activities showed a net outflow of ¥141,910,216.72, an improvement from the previous period's outflow of ¥241,840,601.48[24] - Cash inflow from financing activities totaled 1,264,178,057.16, compared to 394,493,869.42 in the prior period, indicating strong capital raising efforts[25] - Net cash flow from financing activities was 228,035,570.90, a recovery from -196,192,333.01 in the previous period[25] - The net increase in cash and cash equivalents was 87,077,036.58, contrasting with a decrease of -492,928,068.01 in the prior period[25] - The ending balance of cash and cash equivalents reached 401,061,729.90, up from 87,459,107.50 in the previous period[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 126,507, with no preferred shareholders restoring voting rights[15] - The top ten shareholders collectively hold 12.50% of shares, with the largest shareholder, Xiamen Longhai Heavy Energy Investment Partnership, holding 216,000,000 shares[15] Other Financial Metrics - The company's equity attributable to shareholders increased by 11.62% to ¥2,336,646,963.39 compared to the end of the previous year[7] - The weighted average return on equity improved to 4.66%, up from 3.87% in the previous year[7] - The company reported a 79.39% increase in financial expenses, totaling ¥3,595.47 million, primarily due to expanded financing scale[13] - The company recorded a significant increase in other income, which rose by 155.79% to ¥287.66 million[13] - The company reported an investment income of ¥8,235,546.62, down from ¥10,123,216.01 in the previous period[22] - Research and development expenses decreased to ¥39,578,298.49 from ¥48,245,095.53, indicating a focus on cost management[22] - The company recorded a credit impairment loss of ¥983,535.37, a significant recovery from a loss of ¥23,408,756.41 in the previous period[23] Legal Matters - The company has ongoing litigation regarding performance compensation matters, with no final judgments issued as of the report date[18] - The company is pursuing legal action against former shareholders related to refund matters from contracts established between 2015 and 2019, with hearings already held[19] Capital Management - The company plans to use a total of ¥1,291,339,553.87 from surplus and capital reserves to cover accumulated losses[17] - The company’s long-term equity investments decreased to ¥58,552,375.15 from ¥107,798,216.48, a decline of approximately 45.4%[20] - The company’s capital reserve decreased significantly to ¥390,161,745.19 from ¥1,640,687,026.93, a reduction of about 76.2%[21]

Core Viewpoint - The maritime equipment sector experienced a notable increase of 2.21% on October 27, with China Shipbuilding Defense leading the gains, while the overall market indices also showed positive performance [1] Market Performance - The Shanghai Composite Index closed at 3996.94, up by 1.18% - The Shenzhen Component Index closed at 13489.4, up by 1.51% [1] Individual Stock Performance - China Shipbuilding Defense (600685) closed at 27.27, with a rise of 4.20% and a trading volume of 205,900 shares, totaling a transaction value of 556 million yuan - China Shipbuilding (600150) closed at 36.55, increasing by 2.32% with a trading volume of 1,277,800 shares, amounting to 467.7 million yuan - Hailanxin (300065) closed at 20.38, up by 2.21% with a trading volume of 886,000 shares, totaling 1.791 billion yuan [1] Capital Flow Analysis - The maritime equipment sector saw a net inflow of 289 million yuan from institutional investors, while retail investors experienced a net outflow of 64.14 million yuan - The overall capital flow indicates a mixed sentiment, with institutional buying contrasting with retail selling [1] Detailed Capital Flow for Key Stocks - China Shipbuilding (600150) had a net inflow of 153 million yuan from institutional investors, while retail investors saw a net outflow of 83.85 million yuan - Hailanxin (300065) recorded a net inflow of 95.71 million yuan from institutional investors, with retail investors experiencing a net outflow of 53.16 million yuan - China Shipbuilding Defense (600685) had a net inflow of 46.44 million yuan from institutional investors, while retail investors saw a slight net inflow of 1.02 million yuan [2]

Market Performance - The marine equipment sector increased by 0.8% on October 24, with Hailanxin leading the gains [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Individual Stock Performance - Hailanxin (300065) closed at 19.94, up 3.16% with a trading volume of 670,900 shares and a transaction value of 1.33 billion [1] - Tianhai Defense (300008) closed at 6.45, up 1.10%, with a trading volume of 478,000 shares and a transaction value of 309 million [1] - China Shipbuilding (600150) closed at 35.72, up 0.76%, with a trading volume of 669,300 shares and a transaction value of 2.398 billion [1] - Other notable stocks include Zhongke Haixun (300810) at 43.80, up 0.69%, and China Marine Defense (600685) at 26.17, up 0.62% [1] Capital Flow Analysis - The marine equipment sector saw a net inflow of 158 million from main funds, while retail investors experienced a net outflow of 76.1 million [1] - Main funds showed significant net inflows in Hailanxin (859.32 million) and China Shipbuilding (809.78 million) [2] - Retail investors had notable outflows in stocks like Zhongke Haixun (-10.81 million) and China Marine Defense (-1.65 million) [2]

Core Viewpoint - The maritime equipment sector experienced a decline of 0.66% on October 23, with Zhongke Haixun leading the drop, while the Shanghai Composite Index and Shenzhen Component Index both rose by 0.22% [1] Group 1: Market Performance - The closing price of China Shipbuilding was 35.45, down 0.56%, with a trading volume of 528,300 shares and a transaction value of 1.863 billion yuan [1] - Zhongke Haixun saw a significant decline of 4.98%, closing at 43.50, with a trading volume of 53,900 shares and a transaction value of 236 million yuan [1] - The overall maritime equipment sector had a net outflow of 495 million yuan from main funds, while retail investors contributed a net inflow of 410 million yuan [1] Group 2: Fund Flow Analysis - XD Zhongchuan Defense had a main fund net outflow of 4.7343 million yuan, with retail investors contributing a net inflow of 2.0987 million yuan [2] - China Shipbuilding experienced a significant main fund net outflow of 244 million yuan, while retail investors had a net inflow of 205,000 yuan [2] - The overall trend indicates that while main funds are withdrawing, retail investors are actively buying into the sector [2]

Core Insights - The marine equipment sector experienced a significant increase of 3.62% on October 21, with Hailanxin leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Sector Performance - Hailanxin (300065) closed at 20.50, with a rise of 4.86% and a trading volume of 1.0892 million shares, amounting to a transaction value of 2.197 billion [1] - China Shipbuilding (600150) closed at 36.29, increasing by 4.01% with a trading volume of 1.4974 million shares, totaling 5.410 billion [1] - Other notable performers include Yuanrui Technology (300600) with a 3.08% increase, and China Ship Defense (600685) with a 2.99% increase [1] Capital Flow - The marine equipment sector saw a net inflow of 857 million from main funds, while retail investors experienced a net outflow of 448 million [1] - Main funds showed a significant net inflow in China Shipbuilding (600150) of 519 million, while retail investors had a net outflow of 302 million [2] - Hailanxin (300065) also saw a net inflow of 191 million from main funds, with retail investors experiencing a net outflow of approximately 88.5 million [2]

Core Insights - The article discusses the growth of China's civil steel shipbuilding industry, highlighting significant production increases and future market potential [1] Industry Overview - According to the National Bureau of Statistics, the production of civil steel ships in China reached 4.71 million deadweight tons in August 2025, representing a year-on-year increase of 39.8% [1] - From January to August 2025, the cumulative production of civil steel ships was 33.45 million deadweight tons, showing a cumulative growth of 14.3% [1] Companies Mentioned - Listed companies in the civil shipbuilding sector include China Shipbuilding (600150), China Heavy Industry (601989), and others [1] - The report by Zhiyan Consulting provides insights into the market status and demand analysis for the civil steel shipbuilding industry from 2025 to 2031 [1]

Market Performance - The marine equipment sector increased by 0.94% on October 20, with Hailanxin leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Stock Performance - Hailanxin (300065) closed at 19.55, with a rise of 6.31% and a trading volume of 629,500 shares, amounting to 1.215 billion yuan [1] - Other notable stocks include: - Zhongke Haixun (300810) at 47.47, up 4.67% [1] - Yaxing Anchor Chain (601890) at 9.72, up 2.97% [1] - Tianhai Defense (300008) at 6.35, up 1.76% [1] - Jianglong Shipbuilding (300589) at 12.50, up 0.81% [1] - China Shipbuilding (600150) at 34.89, up 0.66% [1] Capital Flow - The marine equipment sector saw a net inflow of 4.9212 million yuan from institutional investors, while retail investors contributed a net inflow of 64.5645 million yuan [1] - However, there was a net outflow of 69.4857 million yuan from speculative funds [1] Individual Stock Capital Flow - Hailanxin had a net inflow of 1.39 billion yuan from institutional investors, but a net outflow of 51.9476 million yuan from speculative funds [2] - Yaxing Anchor Chain experienced a net inflow of 18.4243 million yuan from institutional investors [2] - Jianglong Shipbuilding had a significant net outflow of 24.6075 million yuan from speculative funds [2] - China Shipbuilding faced a net outflow of 1.19 billion yuan from institutional investors [2]

Core Viewpoint - The report highlights the growth in China's civil steel shipbuilding industry, with significant increases in production and demand projected for the coming years [1]. Industry Summary - According to the National Bureau of Statistics, the production of civil steel ships in China reached 4.79 million deadweight tons in April 2025, marking a year-on-year increase of 21.8% [1]. - From January to April 2025, the cumulative production of civil steel ships was 15.923 million deadweight tons, reflecting a cumulative growth of 9.1% [1]. - The report provides insights into the market status and industry demand analysis for the civil steel shipbuilding sector from 2025 to 2031 [1]. Company Summary - Listed companies in the civil steel shipbuilding sector include China Shipbuilding (600150), China Heavy Industry (601989), and others, indicating a diverse range of players in the market [1]. - The report by Zhiyan Consulting emphasizes the importance of industry research and tailored consulting services for investment decisions in this sector [1].