Group 1 - The report details the non-operating fund occupation and related transactions of Changzhou Tiansheng New Materials Group Co., Ltd. for the first half of 2025, indicating no significant amounts involved with major shareholders or related parties [1][2] - The total amount of non-operating fund occupation is reported as zero, with no interest accrued [1] - The report includes various inter-company transactions, with specific amounts listed for accounts receivable and other financial interactions among subsidiaries [2][3] Group 2 - The report highlights the accounts receivable from subsidiaries, including Changzhou Tiansheng Composite Materials Co., Ltd. with an amount of 9,883.57 million and Changzhou Tiansheng Travel Equipment Co., Ltd. with 1,063.99 million [1][2] - The total inter-company transactions amount to 20,353.35 million, with a breakdown of operating and non-operating accounts receivable [2] - The report also mentions the involvement of joint ventures and other related parties, with specific amounts for technical service fees and other operational costs [2][3]

Core Viewpoint - The company, Changzhou Tiansheng New Materials Group Co., Ltd., is currently involved in a legal dispute with China Railway High-tech Industry Co., Ltd. regarding a contract dispute related to their joint venture, China Railway Rail Transit Equipment Co., Ltd. [1][4] Group 1: Legal Dispute Details - The company and China Railway High-tech established a joint venture in January 2018 with an initial registered capital of RMB 90 million, where China Railway held a 55% stake and Tiansheng held a 45% stake [1][2] - Tiansheng has completed a capital contribution of RMB 135,000, but has not fully paid the remaining capital contribution of RMB 4,365,000 by the deadline of March 30, 2020, leading to the current legal action [2][4] - The lawsuit has been registered at the Beijing Fengtai District People's Court, with the case number (2025) Jing 0106 Minchu 40196, and the court hearing has not yet commenced [2][4] Group 2: Financial Impact and Disclosure - The company is currently unable to reasonably estimate the potential impact of the lawsuit on its current and future profits, and will follow up on the case's progress to make necessary accounting adjustments as per accounting standards [3][4] - As of the announcement date, the company has reported other minor litigation matters totaling approximately RMB 1.1907 million, which do not meet the disclosure standards for significant litigation as per the Shenzhen Stock Exchange rules [2][3]

Summary of Key Points Core Viewpoint - The company has recognized asset impairment losses as part of its financial reporting, adhering to accounting standards and internal policies, reflecting a cautious approach to financial management [1][8]. Group 1: Asset Impairment Losses - The company conducted impairment testing on assets showing signs of impairment as of June 30, 2025, resulting in a total impairment loss of 18,090,400 CNY [1]. - The breakdown of impairment losses includes 1,835,100 CNY for accounts receivable and a total of 94,850 CNY for inventory and contract assets [1]. - The impairment loss on accounts receivable represents over 30% of the company's audited net profit for the previous fiscal year, exceeding 10,000,000 CNY [1]. Group 2: Impairment Testing Methodology - The company applies a cautious approach in determining expected credit losses for accounts receivable, utilizing historical loss experience and current economic conditions [2][3]. - Accounts receivable are categorized into groups based on credit risk characteristics, with specific methods for calculating expected credit losses for each group [3][4]. - The company also assesses inventory impairment based on the lower of cost and net realizable value, ensuring that any necessary adjustments are made to reflect current market conditions [5][6]. Group 3: Approval Process and Compliance - The impairment loss recognition process was executed in accordance with relevant accounting standards and company policies, without the need for board or shareholder approval [1][8]. - The company emphasizes that the impairment losses do not harm the interests of the company or its shareholders, aligning with prudent accounting practices [8].

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。 常州天晟新材料集团股份有限公司 常州天晟新材料集团股份有限公司 2025 年半年度报告及摘要于 2025 年 8 月 16 日在中国证监会指定的创业板信息披露网站（http://www.cninfo.com.cn）上 披露，敬请投资者注意查阅。 证券代码：300169 证券简称：天晟新材 公告编号：2025-038 特此公告。 常州天晟新材料集团股份有限公司 董事会 二〇二五年八月十五日 ...

证券代码：300169 证券简称：天晟新材 公告编号：2025-042 常州天晟新材料集团股份有限公司 4、对公司损益产生的影响：目前案件尚未开庭审理，其结果具有不确定性， 公司目前暂时无法合理估计其对公司本期利润和期后利润的可能影响。公司将持 续跟进案件进展，依据会计准则的要求和届时的实际情况及时进行相应的会计处 理，具体以公司经审计的财务报告为准。公司将及时履行信息披露义务，敬请投 资者注意投资风险。 常州天晟新材料集团股份有限公司（以下简称"公司"或"天晟新材"）与 中铁高新工业股份有限公司（以下简称"中铁工业"）于 2018 年 1 月 8 日合资 设立中铁轨道交通装备有限公司（以下简称"中铁轨道"），初始注册资本人民 币 9,000 万元，中铁工业持股比例为 55%，认缴出资和实缴出资为人民币 4,950 万元，天晟新材持股比例 45%，认缴出资和实缴出资为人民币 4,050 万元。 2019 年 6 月，中铁轨道注册资本由人民币 9,000 万元增加至人民币 5.5 亿 元，各股东按股权比例认缴并以现金出资，增资款根据中铁轨道需要由全体股东 按持股比例按照分步分期等方式增资到位。 关于重大诉讼事项 ...

常州天晟新材料集团股份有限公司 董事会 二〇二五年八月十五日 证券代码：300169 证券简称：天晟新材 公告编号：2025-038 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。 常州天晟新材料集团股份有限公司 2025 年半年度报告及摘要于 2025 年 8 月 16 日在中国证监会指定的创业板信息披露网站（http://www.cninfo.com.cn）上 披露，敬请投资者注意查阅。 特此公告。 常州天晟新材料集团股份有限公司 2025 年半年度报告披露提示性公告 ...

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。 证券代码：300169 证券简称：天晟新材 公告编号：2025-041 常州天晟新材料集团股份有限公司 关于2025年半年度计提资产减值准备的公告 一、本次计提资产减值损失情况概述 （一）本次计提资产减值损失的原因 根据《企业会计准则》《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》以及公司会计 政策等有关规定，本着谨慎性原则，常州天晟新材料集团股份有限公司（以下简 称"公司"）对截至 2025 年 6 月 30 日合并报表范围内存在减值迹象的各项资产进 行减值测试，并根据测试结果，计提或冲回减值损失，合并报表层面最终核算结 果为计提减值损失。本次计提减值准备无需提交董事会、股东大会审议。 （二）本次计提资产减值损失的范围和总金额 2025 年半年度计提信用减值损失 1,809.04 万元，冲回资产减值损失 94.85 万 元。具体见下表： 1、信用减值损失 单位：万元 | 项目 | 本期计提金额（冲回以"-"列示） | | | --- | --- ...

常州天晟新材料集团股份有限公司 2025 年半年度报告全文 常州天晟新材料集团股份有限公司 2025 年半年度报告 2025-039 2025 年 8 月 1 常州天晟新材料集团股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人吴海宙、主管会计工作负责人黄冰及会计机构负责人(会计主 管人员)黄冰声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本半年度报告中涉及未来计划或规划等前瞻性陈述的，均不构成公司对 投资者的实质承诺，投资者及相关人士均应对此保持足够的风险认识，并且 应当理解计划、预测与承诺之间的差异。 公司在本报告第三节"管理层讨论与分析 "中"十、公司面临的风险和 应对措施 "部分，详细描述了公司经营中可能存在的风险及应对措施，敬请 投资者关注相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 目录 | | --- | | 第一节 重要提示 ...

Group 1 - The stock price of Tian Sheng New Materials (300169) closed at 8.49 yuan on August 12, 2025, with an increase of 1.8% and a turnover rate of 10.77% [1] - The company reported a total revenue of 1.05 billion yuan for Q1 2025, a year-on-year decrease of 16.69%, and a net profit attributable to shareholders of 20.01 million yuan, down 395.97% year-on-year [1] - The company's liquidity ratios are low, with a current ratio of 0.529 and a quick ratio of 0.443, while the debt-to-asset ratio stands at 96.61% [1] Group 2 - Tian Sheng New Materials Group Co., Ltd. was established in 1998 and is located in Changzhou, primarily engaged in the manufacturing of chemical raw materials and products [2] - The company has made investments in 23 enterprises and has participated in 6 bidding projects, holding 42 trademark registrations and 20 patents [2]

Group 1 - The core viewpoint of the news is that Changzhou Tiansheng New Materials Group Co., Ltd. is experiencing a decline in financial performance, with significant decreases in revenue and net profit as of the first quarter of 2025 [1][3] - As of August 1, 2025, the company's stock price is 8.05 yuan, down 1.47%, with a trading volume of 168,400 hands and a transaction amount of 136 million yuan [1] - The company's latest financial results show total operating revenue of 105 million yuan, a year-on-year decrease of 16.69%, and a net profit attributable to shareholders of 20.01 million yuan, a year-on-year decrease of 395.97% [1] Group 2 - The company has a current ratio of 0.529, a quick ratio of 0.443, and a debt-to-asset ratio of 96.61%, indicating potential liquidity issues [1] - Changzhou Tiansheng New Materials Group has made investments in 23 companies and participated in 5 bidding projects, showcasing its active engagement in the market [2] - The company holds 42 trademark registrations and 20 patents, along with 8 administrative licenses, reflecting its commitment to intellectual property and regulatory compliance [2]