Core Viewpoint - The stock price of Tianshan (300313.SZ) has recently hit a 60-day low due to ongoing losses, cash flow pressures, and delisting risks [1] Group 1: Performance and Operational Situation - The 2025 performance forecast indicates expected revenue between 170 million to 220 million yuan, representing a year-on-year growth of approximately 23% to 59%, with net assets projected to turn positive at 27 million to 35 million yuan; however, the net profit attributable to shareholders is still expected to be a loss of 16 million to 23 million yuan [2] - In the first three quarters of 2025, revenue was only 58.48 million yuan, with a significant increase in the fourth quarter to over 110 million yuan, accounting for more than 60% of the annual revenue, raising concerns about the sustainability of this "last-minute revenue" [2] - The third quarter report for 2025 shows a debt ratio of 83.93%, with continuous negative cash flow from operating activities; despite a 40.50% year-on-year revenue increase in the first quarter, the single-quarter net profit loss was 4.96 million yuan, and cash reserves decreased by 28.07% [3] Group 2: Financial Situation - On February 10, 2026, the net outflow of main funds was 10.09 million yuan, accounting for 28.36% of the day's transaction volume; by February 12, the stock price fell to 7.21 yuan, with a cumulative decline of 11.43% over five days, and technical indicators showed a bearish trend [4] Group 3: Industry Policy and Environment - The domestic beef market's downturn directly impacts the company's livestock business profits, while the GEM delisting rules impose strict requirements on continuous losses, revenue authenticity, and audit opinions; although the company temporarily avoided some delisting indicators through fourth-quarter business expansion, market skepticism about its sustainability remains [5]

证券代码：300313 证券简称：*ST天山 公告编号：2026-006 新疆天山畜牧生物工程股份有限公司 关于公司股票可能被终止上市的第二次风险提示公告 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。 特别提示： 1、新疆天山畜牧生物工程股份有限公司（以下简称"公司"）于 2025 年 4 月 29 日发布《2024 年度审计报告》，公司 2024 年度归属于上市公司股东的净 利润为-6,594.79 万元，且扣除后营业收入为 9,228.12 万元；同时公司 2024 年 度归属于上市公司股东的净资产为-377.93 万元。上述情况触及《深圳证券交易 所创业板股票上市规则》10.3.1 条的相关规定情形，公司股票已于 2025 年 4 月 30 日起被实施退市风险警示。若公司 2025 年度出现《深圳证券交易所创业板股 票上市规则》第 10.3.11 条规定的情形，公司股票将面临被终止上市的风险。 2、根据《创业板股票上市规则》第 10.3.5 条，上市公司因出现第 10.3.1 条第一款第一项至第三项情形，其股票交易被实施退市风险警示后，应当在其股 票被 ...

格隆汇2月4日丨*ST天山(300313.SZ)公布，公司2026年1月销售活畜5头，销售收入0.72万元，环比变动 分别为-99.74%、-99.97%；同比变动分别为-98.91%、-99.83%。公司根据养殖经营计划与牛只生长周期 等综合考量，适时调整牛只出栏节奏。本月活畜销售数量与收入环比、同比减少，主要原因系前期为满 足市场需求出栏较为集中，本月属正常的周期性节奏调整。 ...

*ST天山公告，公司2026年1月销售活畜5头，销售收入0.72万元，环比变动分别为-99.74%、-99.97%； 同比变动分别为-98.91%、-99.83%。公司根据养殖经营计划与牛只生长周期等综合考量，适时调整牛只 出栏节奏。本月活畜销售数量与收入环比、同比减少，主要原因系前期为满足市场需求出栏较为集中， 本月属正常的周期性节奏调整。 ...

格隆汇2月4日丨*ST天山(300313.SZ)公布，公司2026年1月销售活畜5头，销售收入0.72万元，环比变动 分别为-99.74%、-99.97%；同比变动分别为-98.91%、-99.83%。公司根据养殖经营计划与牛只生长周期 等综合考量，适时调整牛只出栏节奏。本月活畜销售数量与收入环比、同比减少，主要原因系前期为满 足市场需求出栏较为集中，本月属正常的周期性节奏调整。 ...

证券代码：300313 证券简称：*ST天山 公告编号：2026-005 新疆天山畜牧生物工程股份有限公司 2026 年 1 月活畜销售情况简报 一、2026 年 1 月销售情况简报 新疆天山畜牧生物工程股份有限公司董事会 新疆天山畜牧生物工程股份有限公司（以下简称"公司"）2026 年 1 月销 售活畜 5 头，销售收入 0.72 万元，环比变动分别为-99.74%、-99.97%；同比变 动分别为-98.91%、-99.83%。 二、原因说明 公司根据养殖经营计划与牛只生长周期等综合考量，适时调整牛只出栏节奏。 本月活畜销售数量与收入环比、同比减少，主要原因系前期为满足市场需求出栏 较为集中，本月属正常的周期性节奏调整。 三、风险提示 （一）上述数据未经审计，可能与公司定期报告披露的数据存在差异，因此 上述数据仅作为阶段性数据供投资者参考。 （二）上述披露仅包含公司活畜销售情况，不含其他业务。 （三）《证券时报》《上海证券报》以及巨潮资讯网（www.cninfo.com.cn） 为公司指定的信息披露媒体，公司所有信息均以公司在上述媒体刊登的公告为准。 敬请广大投资者审慎决策，注意投资风险。 特此公告。 本 ...

Core Viewpoint - The aquaculture sector experienced a rise of 1.85% on January 29, with Fu Cheng Co., Ltd. leading the gains, while the overall market showed mixed results with the Shanghai Composite Index up by 0.16% and the Shenzhen Component Index down by 0.3% [1] Group 1: Market Performance - The aquaculture sector's performance was highlighted by Fu Cheng Co., Ltd. closing at 6.46, up by 5.38% with a trading volume of 347,300 shares and a transaction value of 223 million yuan [1] - Other notable performers included Mu Yuan Co., Ltd. at 46.33, up by 2.64%, and Wen's Foodstuffs Group at 15.55, up by 1.97% [1] - The overall trading volume for the aquaculture sector was significant, with Mu Yuan Co., Ltd. alone accounting for a transaction value of 2.824 billion yuan [1] Group 2: Capital Flow - The aquaculture sector saw a net inflow of 253 million yuan from main funds, while retail investors experienced a net outflow of 82.155 million yuan [2] - Main funds showed a positive net inflow in companies like Mu Yuan Co., Ltd. with 24.6 million yuan and Wen's Foodstuffs Group with 95.752 million yuan [3] - Conversely, retail investors showed significant outflows in companies such as Mu Yuan Co., Ltd. with 132 million yuan and Fu Cheng Co., Ltd. with 6.78 million yuan [3]

Group 1 - The aquaculture sector increased by 0.38% on January 28, with Xiaoming Co. leading the gains [1] - The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1] - Xiaoming Co. saw a closing price of 21.63, with a rise of 10.41%, and a trading volume of 224,700 shares, amounting to a transaction value of 468 million yuan [1] Group 2 - The main funds in the aquaculture sector had a net inflow of 163 million yuan, while retail funds had a net inflow of 149 million yuan [2] - The stock "Wens Foodstuffs" had a significant trading volume of 713,100 shares, with a transaction value of 1.089 billion yuan, but experienced a slight decline of 0.52% [2] - The stock "Xiaoming Co." had a net inflow of 20.89 million yuan from main funds, while retail funds showed a net outflow of 7.58 million yuan [3]

Core Viewpoint - The aquaculture sector experienced a decline of 2.68% on January 27, with Xiaoming Co. leading the drop [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1] - Key stocks in the aquaculture sector showed significant declines, with Xiaoming Co. down 6.27% to a closing price of 19.59 [1] - Other notable declines included ST Tianshan down 5.40%, Fucheng Co. down 5.01%, and Huaying Agriculture down 3.66% [1] Group 2: Trading Volume and Capital Flow - The aquaculture sector saw a net outflow of 456 million yuan from main funds, while retail investors contributed a net inflow of 232 million yuan [1] - The trading volume for Xiaoming Co. was 125,200 shares, with a transaction value of 246 million yuan [1] - Lihua Co. had a net inflow of 14.20 million yuan from main funds, while retail investors had a net outflow of 30.52 million yuan [2]

Group 1 - Baicaowei's "nut gift box" misleads consumers with only 33g of nuts out of 958g total weight, raising concerns about misleading marketing practices [2] - 49 routes between China and Japan have canceled all flights, with a cancellation rate of 47.2% for January 2026, prompting airlines to extend free refund and change policies [2] - KFC has raised delivery prices by an average of 0.8 yuan while keeping dine-in prices unchanged, reflecting operational cost adjustments [3] Group 2 - Li Auto plans to reintroduce humanoid robots, aiming to become a leading AI company by 2028, with a focus on embodied intelligence [4][6] - Tencent is launching a 10 billion yuan cash giveaway for its Yuanbao app during the Spring Festival, aiming to replicate the success of past WeChat red envelope campaigns [6] - Shaw Brothers is set to acquire Noon Sunshine for approximately 45.765 billion yuan, expanding its media and entertainment portfolio [6][7] Group 3 - 360doc announced the free transfer of its personal knowledge library platform due to business adjustments, ensuring users can back up their content [7] - Yu Minhong refuted rumors regarding New Oriental's indirect equity investment relationships, threatening legal action against the spreaders of false information [8] - Porsche China is addressing customer issues related to the "Dong'an incident," ensuring that affected customers receive their vehicle certificates [8] Group 4 - Dangdang's subsidiary was fined for violating labor laws, with 27 employees averaging 149 hours of overtime per month [9] - Miaokelando's founder was removed from key positions due to unfulfilled financial obligations, potentially impacting the company's net profit by approximately 119 to 126.6 million yuan [9] - Big Pizza has reduced its "sanitation worker meal" price from 49.9 yuan to 9.9 yuan, following criticism of its initial pricing strategy [9] Group 5 - Yushun Technology will partner with the Spring Festival Gala for the third time, showcasing its robots [10] - Yonghui Supermarket in Beijing has suspended operations at a location due to property management disputes, affecting store accessibility [10] - Nike is laying off 775 employees to accelerate automation in its distribution centers, following previous job cuts [11] Group 6 - Zijin Mining plans to acquire Allied Gold Corporation for approximately 55 billion Canadian dollars, targeting gold mining assets [13] - Haike New Source has signed a long-term cooperation agreement with BYD Lithium Battery to supply at least 100,000 tons of products annually [14] - Faraday Future's CEO announced the completion of regulatory certification for its EAI robot, aiming for immediate sales upon release [15] Group 7 - The latest news from the stock market indicates a collective rise in major U.S. indices, with Tesla experiencing a decline of over 3% [11] - China Rare Earth expects a net profit of 143 to 185 million yuan for 2025, marking a turnaround from a loss in the previous year [25] - Dongfang Risheng anticipates a net loss of 2.3 to 2.9 billion yuan for 2025, while Duofluo expects a profit of 200 to 280 million yuan [26][27]