Core Viewpoint - Tianyin Electromechanical (300342.SZ) reported a significant decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company's operating revenue for the first three quarters was 581 million yuan, representing a year-on-year decrease of 22.75% [1] - The net profit attributable to shareholders of the listed company was 24.27 million yuan, down 56.10% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 24.34 million yuan, also reflecting a year-on-year decrease of 56.01% [1] - Basic earnings per share stood at 0.0571 yuan [1]

（记者 王瀚黎） 每经头条（nbdtoutiao）——展望"十五五"|专访贺铿：必须改变以往将资金过度集中于房屋建设和基础 设施建设的倾向，更加突出民生领域投入 每经AI快讯，天银机电10月21日晚间发布公告称，公司第五届第二十二次董事会会议于2025年10月21 日在江苏省常熟市碧溪街道电厂路19号公司会议室召开。会议审议了《关于常熟市天银机电股份有限公 司2025年第三季度报告的议案》等文件。 ...

Core Viewpoint - Tianyin Electromechanical (300342.SZ) reported a significant decline in both revenue and net profit for the third quarter of 2025, indicating potential challenges in its operational performance [1] Financial Performance - The company's operating revenue for the third quarter was 197 million yuan, representing a year-on-year decrease of 20.04% [1] - The net profit attributable to shareholders of the listed company was 6.4668 million yuan, down 70.52% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 6.3969 million yuan, reflecting a year-on-year decline of 71.19% [1]

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。 2025年10月21日，常熟市天银机电股份有限公司（以下简称"公司"）召开了 第五届董事会第二十二次会议及第五届监事会第十六次会议，审议通过了《关于 <常熟市天银机电股份有限公司2025年第三季度报告>的议案》。 常熟市天银机电股份有限公司 2025年第三季度报告披露提示性公告 证券代码：300342 证券简称：天银机电 公告编码：2025-040 为使投资者全面了解本公司的经营成果、财务状况，公司《2025年三季度报 告》于2025年10月22日在中国证监会指定的创业板信息披露网站巨潮资讯网 （http://www.cninfo.com.cn）披露，敬请投资者注意查阅。 常熟市天银机电股份有限公司董事会 2025年10月21日 特此公告。 ...

证券代码：300342 证券简称：天银机电 公告编码：2025-042 常熟市天银机电股份有限公司 第五届监事会第十六次会议决议公告 一、会议召开情况 常熟市天银机电股份有限公司（以下简称 "公司"）第五届监事会第十六 次会议于2025年10月21日在江苏省常熟市碧溪街道电厂路19号公司会议室召开。 会议通知已于2025年10月11日发出。会议应到监事3人，实到3人（其中：陈娟女 士、林金城先生以通讯方式参加本次会议），无委托出席情况。会议由监事会主 席陈娟女士主持。会议的召开符合《公司法》和《公司章程》的规定。 二、会议审议情况 经与会监事认真审议，以记名投票的方式通过了以下议案： 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。 1、审议通过《关于常熟市天银机电股份有限公司2025年第三季度报告的议 案》 经审核，监事会认为公司《2025年第三季度报告》的编制程序及内容格式符 合中国证监会、深圳证券交易所以及相关法律、法规的规定，报告内容真实、准 确、完整地反映了公司2025年第三季度的实际经营情况，不存在任何虚假记载、 误导性陈述或重大遗漏。 表决结果：赞 ...

二、董事会会议审议情况 证券代码：300342 证券简称：天银机电 公告编码：2025-041 常熟市天银机电股份有限公司 第五届董事会第二十二次会议决议公告 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 1、常熟市天银机电股份有限公司（以下简称"公司"）第五届董事会第二 十二次会议通知于2025年10月11日送达至各位董事。 2、本次董事会于2025年10月21日以现场与通讯表决相结合的方式在江苏省 常熟市碧溪街道电厂路19号公司会议室召开。 3、本次董事会会议应到董事9名，实到董事9名（其中：董事方谷钏先生、 黄超先生、陈钊敏先生、张裕烽先生以通讯方式参加本次会议），无委托出席情 况。 4、会议由董事长方谷钏先生主持，本公司监事、高级管理人员列席会议。 5、本次董事会会议的召开符合有关法律、行政法规、部门规章、规范性文 件和公司章程的规定。 1、审议通过了《关于常熟市天银机电股份有限公司2025年第三季度报告的 议案》 根据中国证券监督管理委员会等监管机构的要求，公司制作了《常熟市天银 机电股份有限公司 2025 年第三季度报告》 ...

天银机电公告，第三季度营收为1.97亿元，下降20.04%；净利润为646.68万元，下降70.52%。前三季度 营收为5.81亿元，下降22.75%；净利润为2427.02万元，下降56.10%。 ...

常熟市天银机电股份有限公司 2025 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 常熟市天银机电股份有限公司 2025 年第三季度报告 证券代码：300342 证券简称：天银机电 公告编号：2025-039 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 常熟市天银机电股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 196,656,459.19 | -20 ...

Event Overview - The Satellite Application Conference is scheduled to take place from October 25 to 27, 2023, in Beijing, focusing on "Artificial Intelligence and Computing Power Empowering the Satellite Application Industry" [1] - Significant launches in the Chinese space industry are set for October, including the Long March 3B rocket carrying the Fengyun-4 03 satellite on October 26 and the Long March 2F rocket launching the Shenzhou-21 manned spacecraft on October 31 [1] Industry Trends - China's space launch frequency has significantly increased in 2023, with 10 missions executed in September alone, including various military and meteorological satellites [4] - The satellite internet sector has been included in the new infrastructure category since 2020, with supportive policies being implemented [4] - The government aims to develop a "commercial space" growth engine, with plans to enhance satellite communication management by 2030, targeting over 10 million satellite communication users [4] Satellite Constellation Projects - China has applied for over 50,000 low-orbit satellites, with major projects including the China Star Network's "GW Constellation" (13,000 satellites), Shanghai Yuanxin's "Qianfan Constellation" (15,000 satellites), and Blue Arrow Aerospace's "Honghu Constellation" (10,000 satellites) [4] - It is estimated that at least 28,000 satellite launches will need to be completed by 2035, with only 0.6% of this target achieved so far [4] Launch Forecast - The forecasted satellite launch volumes from 2025 to 2034 indicate a gradual increase, with 1,392 launches expected in 2025 and reaching 3,340 launches by 2034 [7] Key Companies in the Satellite Industry - Major companies in the satellite industry include: - China Satellite (600118): Leading domestic satellite manufacturer with strong technical barriers [10] - Shanghai Huguang (603131): Early commercial satellite assembler capable of assembling multiple satellites simultaneously [10] - China Satcom (601698): Leading satellite communication operator with extensive frequency resources [12] - China Telecom (601728) and China Mobile (600941): Early holders of satellite mobile communication licenses [12] - The industry is seeing significant interest from companies involved in satellite internet, with a focus on low-cost solutions for countries along the Belt and Road Initiative [9]

Core Viewpoint - Tianyin Electromechanical's stock has experienced a decline of 2.05% on October 10, 2023, with a current price of 17.65 CNY per share and a total market capitalization of 7.502 billion CNY [1] Financial Performance - For the first half of 2025, Tianyin Electromechanical reported a revenue of 384 million CNY, representing a year-on-year decrease of 24.07%, and a net profit attributable to shareholders of 17.8034 million CNY, down 46.61% year-on-year [2] - The company has distributed a total of 640 million CNY in dividends since its A-share listing, with 70.1308 million CNY distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 9.97% to 47,200, while the average circulating shares per person decreased by 9.07% to 8,864 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the third largest, holding 3.2344 million shares, a decrease of 133,200 shares from the previous period [3] Stock Performance - Year-to-date, Tianyin Electromechanical's stock price has increased by 9.19%, with a slight rise of 0.28% over the last five trading days, 1.96% over the last twenty days, and 4.25% over the last sixty days [1]