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]

Core Viewpoint - Tianyin Electromechanical's stock has shown volatility with a recent increase of 2.02%, but has experienced a decline over the past five and twenty trading days, indicating potential concerns about its short-term performance [1] Financial Performance - For the first half of 2025, Tianyin Electromechanical reported revenue of 384 million yuan, a year-on-year decrease of 24.07%, and a net profit attributable to shareholders of 17.8 million yuan, down 46.61% compared to the previous year [2] - Cumulative cash dividends since the company's A-share listing amount to 640 million yuan, with 70.1 million yuan distributed over the past three years [2] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 9.97% to 47,200, while the average number of tradable shares per shareholder decreased by 9.07% to 8,864 shares [2] - The third-largest shareholder is Hong Kong Central Clearing Limited, holding 3.2344 million shares, which is a decrease of 133,200 shares from the previous period [2] Market Activity - As of September 5, 2023, Tianyin Electromechanical's stock price is 17.66 yuan per share, with a market capitalization of 7.506 billion yuan [1] - The stock has seen a year-to-date increase of 9.25%, but has declined by 12.70% over the last five trading days and 8.02% over the last twenty trading days [1] Business Overview - Tianyin Electromechanical, established on August 2, 2002, specializes in the research, production, and sales of energy-saving refrigerator compressor components, with 69.58% of its revenue coming from these products and 30.42% from radar and aerospace information equipment [1]

Market Overview - The Shanghai Composite Index fell by 0.45% on September 2, with six industries experiencing gains, led by the banking sector with a rise of 1.95% and public utilities at 0.99% [2] - The household appliances industry ranked third in terms of daily gains, increasing by 0.91% [3] - The communication and computer sectors faced the largest declines, with drops of 5.73% and 4.06% respectively [2] Capital Flow Analysis - The main capital outflow from the two markets totaled 151.28 billion yuan, with only four industries seeing net inflows [2] - The banking sector had the highest net inflow of 3.42 billion yuan, while public utilities followed with 936 million yuan [2] - The electronics industry experienced the largest net outflow, totaling 34.54 billion yuan, followed by the computer sector with 24.56 billion yuan [2] Household Appliances Sector - Within the household appliances sector, 94 stocks were tracked, with 21 stocks rising and 70 falling [3] - The top three stocks with significant net inflows included Sanhua Intelligent Controls with 259 million yuan, Midea Group with 189 million yuan, and Sunrise Orient with 109 million yuan [3] - Notable outflows were seen in Sichuan Changhong, Tianyin Electric, and Haier Smart Home, with net outflows of 395 million yuan, 124 million yuan, and 81.76 million yuan respectively [3] Individual Stock Performance - The top gainers in the household appliances sector included Midea Group with a rise of 2.88% and Sanhua Intelligent Controls with an increase of 3.48% [6] - Conversely, Sichuan Changhong and Tianyin Electric saw declines of 4.33% and 5.34% respectively [4] - The overall trading activity in the household appliances sector showed a mixed performance, with some stocks experiencing significant capital outflows despite the sector's overall positive movement [3][4]

Summary of Key Points Core Viewpoint - Tianyin Electromechanical (300342.SZ) announced the completion of its controlling shareholder's share reduction plan, which resulted in a decrease in shareholding percentage from 28.75% to 26.80% [1]. Share Reduction Details - The controlling shareholder, Foshan Lanhai Ruixing Equity Investment Partnership (Limited Partnership), reduced its holdings by a total of 12,751,002 shares, accounting for 3% of the company's total share capital [1][3]. - The reduction was executed through two methods: 4,250,300 shares were sold via centralized bidding at an average price of 17.3004 yuan per share, and 8,500,702 shares were sold through block trading at an average price of 17.0757 yuan per share [4]. Financial Impact - The total amount raised from the share reduction was approximately 2.19 billion yuan, with 0.74 billion yuan from centralized bidding and 1.45 billion yuan from block trading [2][3].

证券代码：300342 证券简称：天银机电 公告编码：2025-037 常熟市天银机电股份有限公司 公司董事、总经理赵云文保证向本公司提供的信息内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 常熟市天银机电股份有限公司（以下简称"公司"）于2025年5月23日披露 了《关于董事减持计划的预披露公告》（公告编码：2025-022）。公司董事、总 经理赵云文先生计划自该公告披露之日起15个交易日后的3个月内（即2025年6 月17日至2025年9月16日）通过集中竞价方式减持本公司股份不超过105.05万股 （占公司总股本比例为0.25%）。 以上具体内容详见中国证券监督管理委员会指定的创业板信息披露网站的 相关公告。 计划实施完成的告知函》，获悉赵云文先生减持计划已实施完成，现将具体情况 公告如下： 一、股东减持情况 占公司总股 减持均价 减持数量 股东名称 减持方式 减持日期 本的比例 （元/股） （股） （%） 赵云文 集中竞价 17.3682 1,050,500 0.25 本次减持前持有股份 本次减持后持有股份 股东名称 股 ...

Group 1 - The controlling shareholder, Foshan Lanhai Ruixing Equity Investment Partnership (Limited Partnership), plans to reduce its shareholding in the company by a total of 1,275,100.2 shares, which is 3% of the total share capital [1][2][3] - The reduction will occur through two methods: a maximum of 4,250,300 shares via centralized bidding and 8,500,702 shares via block trading [2][3] - After the reduction, the shareholding of Lanhai Ruixing will decrease from 28.75% to 26.80% [2][3] Group 2 - The reduction period is set from July 17, 2025, to October 16, 2025, with the first phase of reduction already completed between July 21 and July 28, 2025 [1][2] - The average price for the shares sold through centralized bidding was 17.3004 yuan per share, while the average price for block trading was 17.0757 yuan per share [3] - The reduction does not lead to a change in the controlling shareholder or the actual controller of the company, nor does it affect the governance structure and ongoing operations of the company [2][3]

2025年8月29日，公司收到董事、总经理赵云文先生出具的《关于股份减持 计划实施完成的告知函》，获悉赵云文先生减持计划已实施完成，现将具体情况 公告如下： 证券代码：300342 证券简称：天银机电 公告编码：2025-037 常熟市天银机电股份有限公司 关于董事减持股份计划实施完成的公告 公司董事、总经理赵云文保证向本公司提供的信息内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 常熟市天银机电股份有限公司（以下简称"公司"）于2025年5月23日披露 了《关于董事减持计划的预披露公告》（公告编码：2025-022）。公司董事、总 经理赵云文先生计划自该公告披露之日起15个交易日后的3个月内（即2025年6 月17日至2025年9月16日）通过集中竞价方式减持本公司股份不超过105.05万股 （占公司总股本比例为0.25%）。 以上具体内容详见中国证券监督管理委员会指定的创业板信息披露网站的 相关公告。 2、本次减持与此前已披露的减持意向公告中的相应承诺一致，截至本公告 披露日，董事、总经理赵云文先生的减持计划已实施完成，实际 ...