证券代码：300342 证券简称：天银机电 公告编号：2025-020 常熟市天银机电股份有限公司 2024年年度股东会决议公告 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。 特别提示： 1、本次股东会会议无增加、变更、否决议案的情况； 2、本次股东会不存在变更前次股东会决议的情形； 一、会议召开和出席情况 （一）会议召开情况 3、本次股东会会议以现场投票、网络投票相结合的方式召开。 1、召开时间：现场会议于 2025 年 5 月 7 日（星期三）下午 14：00 召开；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 5 月 7 日上午 9:15—9:25，9:30—11:30 和下午 13:00—15:00；通过深圳证券交易所互联网投票系 统投票的具体时间为：2025 年 5 月 7 日上午 9:15 至下午 15:00 的任意时间。 2、现场会议召开地点：江苏省苏州市常熟碧溪街道电厂路19号常熟市天银机 电股份有限公司办公楼四楼会议室。 3、表决方式：本次股东会采取现场投票和网络投票相结合的方式召开。 4、召集人：公司第五届董事会 5、会 ...

北京市朝阳区朝阳门南大街 10 号兆泰国际中心 B 座 16-21 层（100020） 16-21F, Tower B, ZT International Center, No.10, Chaoyangmen Nandajie，Chaoyang District, 100020, Beijing, China Tel: +86 10-58137799 Fax: +86 10-58137788 北京大成律师事务所 关于常熟市天银机电股份有限公司 北 京 大 成 律 师 事 务 所 关 于 常熟市天银机电股份有限公司 2024 年 年 度 股 东 会 的 法 律 意 见 书 北 京 大 成 律 师 事 务 所 www.dentons.cn 2024 年年度股东会的法律意见书 大成证字[2025]第 063 号 致：常熟市天银机电股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民 共和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员会《上市 公司股东会规则（2025 年修订）》（以下简称"《股东会规则》"）等法律、 法规和其他有关规范性文件的要求，北京大成律师事务所（以下简称 ...

Core Viewpoint - Tianyin Electromechanical's 2024 financial report shows stable revenue growth and potential recovery in radar and aerospace electronics business, leading to a "buy" rating from analysts [1][2]. Financial Performance - The company reported a revenue of 1.048 billion yuan, an increase of 0.63%, and a net profit of 90 million yuan, up 175.80% [2][3]. - The net profit for Q4 2024 was 35 million yuan, marking a turnaround from losses in the previous year [3]. - The gross margin improved to 23.74%, an increase of 0.63 percentage points, while the net margin rose to 8.75%, up 5.51 percentage points [2]. Business Segments - **Refrigerator Compressor Parts**: - Revenue from this segment reached 640 million yuan, a growth of 16.44%, with sales volume at 337 million units, up 4.56% [3][4]. - This segment remains the primary revenue source, accounting for 61.11% of total revenue [3]. - **Radar and Aerospace Electronics**: - Revenue decreased to 407 million yuan, down 17.07%, due to order delays and internal adjustments [4]. - Sales volume increased significantly by 60.62% to 1,346 units, and gross margin improved to 31.23% [4]. Cost Management and R&D - The company achieved a reduction in operating expenses, with the expense ratio at 7.90%, down 0.10 percentage points [4]. - R&D investment increased to 80.46 million yuan, up 0.67%, with the number of R&D personnel rising by 13.04% to 390 [4]. Cash Flow and Inventory - Operating cash flow decreased to 96 million yuan, down 46.59%, while inventory increased to 441 million yuan, up 6.64% [5]. - Inventory turnover days improved to 192.50 days from 216.29 days, indicating enhanced operational efficiency [5]. Industry Outlook - The radar and aerospace electronics sector is expected to benefit from the military industry entering an upcycle and the acceleration of satellite internet construction [5][6]. - The radar simulation and testing business is projected to recover due to the long-term growth of the domestic military radar market [6]. - The ultra-wideband signal application business is anticipated to see increased demand as military applications expand [6]. Future Projections - Revenue forecasts for 2025-2027 are 1.172 billion yuan, 1.315 billion yuan, and 1.480 billion yuan, with net profits of 100 million yuan, 112 million yuan, and 125 million yuan respectively [8]. - The company is expected to maintain a strong growth trajectory in both its core segments, supported by ongoing R&D efforts and market demand [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。 2025年4月23日，常熟市天银机电股份有限公司（以下简称"公司"）召开了 第五届董事会第十九次会议和第五届监事会第十四次会议，审议通过了《关于< 常熟市天银机电股份有限公司2025年第一季度报告>的议案》。 为使投资者全面了解公司的经营成果、财务状况及未来发展规划，公司《2025 年一季度报告》于2025年4月24日在中国证监会指定的创业板信息披露网站上披 露，敬请投资者注意查阅。 特此公告。 常熟市天银机电股份有限公司董事会 2025年4月23日 证券代码：300342 证券简称：天银机电 公告编码：2025-016 常熟市天银机电股份有限公司 2025年第一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：2025-019 常熟市天银机电股份有限公司 第五届监事会第十四次会议决议公告 本公司及监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、会议召开情况 常熟市天银机电股份有限公司（以下简称"股份公司"或"公司"）第五届 监事会第十四次会议于2025年4月23日下午14:00在江苏省常熟市碧溪街道电厂 路19号公司会议室以现场与通讯表决相结合的方式召开。会议通知已于2025年4 月13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： 1、审议通过了《关于<常熟市天银机电股份有限公司2025年第一季度报告> 的议案》 经审核，监事会认为董事会编制的公司《2025年第一季度报告》的程序符合 法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了公司 的实际经营情况，不存在任何虚假记载、误导性陈述或者重大 ...

证券代码：300342 证券简称：天银机电 公告编码：2025-018 常熟市天银机电股份有限公司 第五届董事会第十九次会议决议公告 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"）第五届董事会第十 九次会议通知于2025年4月13日向各位董事送达。 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。 二、董事会会议审议情况 1、审议通过了《关于<常熟市天银机电股份有限公司2025年第一季度报告> 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年第一季度报告》。本议案已经公司第五届董事会审计委 员会第十五次会议审议通过。 经与会董事表决，审议通过该议案。 表决结果：赞成票9票，反对票0票，弃权票0票。 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。 特此公告。 2、本次董事会于2025年4月23日以现场 ...

Financial Performance - The company reported a basic earnings per share of 0.0206 yuan for Q1 2025, representing a 131.46% increase compared to 0.0089 yuan in Q1 2024 [1] - Net profit for Q1 2025 was 0.09 billion yuan, a 125% increase from 0.04 billion yuan in Q1 2024 [1] - The return on equity (ROE) improved to 0.56% in Q1 2025, up from 0.25% in Q1 2024, marking a 124% increase [1] - Operating revenue decreased slightly to 1.84 billion yuan in Q1 2025, down 1.08% from 1.86 billion yuan in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 14,076.39 million shares, accounting for 33.71% of the circulating shares, which is a decrease of 495.69 million shares from the previous period [2] - The largest shareholder, Foshan Lanhai Ruixing Equity Investment Partnership, holds 12,320 million shares, representing 29.49% of the total share capital, with no change in holdings [2] - Hong Kong Central Clearing Limited reduced its holdings by 160.37 million shares, now holding 336.76 million shares, which is 0.81% of the total [2] Dividend Policy - The company has decided not to distribute dividends or transfer shares in the current period [3]

Financial Performance - The company's revenue for Q1 2025 was ¥183,559,237.10, a decrease of 1.43% compared to ¥186,225,649.86 in the same period last year[5] - Net profit attributable to shareholders increased by 131.76% to ¥8,761,181.63 from ¥3,780,350.82 year-on-year[5] - Basic earnings per share rose by 131.46% to ¥0.0206 from ¥0.0089 in the same period last year[5] - The total profit for the period was ¥9,410,051.35, reflecting a 202.33% increase from ¥3,112,556.20 in the same period last year[10] - Net profit for the current period reached ¥9,289,299.91, an increase of 135.5% compared to ¥3,947,708.70 in the previous period[21] - The net profit attributable to the parent company was ¥8,761,181.63, up 131.5% from ¥3,780,350.82 in the previous period[21] Cash Flow - The net cash flow from operating activities was -¥72,322,054.51, a decline of 32.65% compared to -¥54,522,702.53 in the previous year[5] - Operating cash inflow for the current period was $178,966,609.40, down from $193,865,815.79 in the previous period, representing a decrease of approximately 7.66%[23] - Operating cash outflow increased to $251,288,663.91 from $248,388,518.32, resulting in a net cash flow from operating activities of -$72,322,054.51, compared to -$54,522,702.53 previously[23] - The net increase in cash and cash equivalents for the current period was -$98,840,384.94, compared to -$90,118,477.74 in the previous period[24] - The ending balance of cash and cash equivalents was $122,943,901.57, up from $62,919,372.94 at the end of the previous period[24] Assets and Liabilities - Total assets decreased by 3.35% to ¥2,154,386,134.08 from ¥2,229,020,373.09 at the end of the previous year[5] - Total liabilities decreased to ¥561,396,626.52 from ¥645,320,165.44, a reduction of about 13.0%[19] - Total equity attributable to shareholders increased to ¥1,580,005,323.53 from ¥1,571,244,141.90, a growth of 0.5%[19] - The company's cash and cash equivalents decreased from 324,065,088.64 CNY to 222,006,344.62 CNY, a decline of approximately 31.5%[17] - Accounts receivable decreased from 542,016,446.00 CNY to 513,276,595.69 CNY, a reduction of about 5.3%[17] - Inventory increased from 440,987,684.30 CNY to 471,921,511.74 CNY, an increase of approximately 7%[17] - The total current assets decreased from 1,515,092,780.35 CNY to 1,448,357,313.67 CNY, a decline of about 4.4%[17] Investment and Expenses - The company reported a significant increase in investment income, rising by 596.06% to ¥1,862,226.26 from -¥375,406.11 year-on-year[9] - Research and development expenses for the current period were ¥14,541,863.86, down 16.5% from ¥17,461,908.22 in the previous period[20] - The company experienced a 302.83% increase in financial expenses, amounting to ¥286,712.19 due to reduced exchange gains and increased discount interest[9] - Cash paid for taxes increased significantly to $18,546,928.33 from $8,003,032.65, indicating a higher tax burden[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 42,960[11] - The largest shareholder, Foshan Lanhai Ruixing Equity Investment Partnership, holds 28.99% of shares, totaling 123,200,000 shares[11] - The number of restricted shares held by Zhao Yunwen decreased from 7,282,878 to 6,232,500 due to the release of 1,050,378 shares[14] - The company has no preferred shareholders or changes in restricted shares during the reporting period[13]

证券代码：300342 证券简称：天银机电 常熟市天银机电股份有限公司 投资者关系活动记录表 编号：2025-01 | 投资者关系活动 | □特定对象调研 □分析师会议 | | --- | --- | | 类别 | □媒体采访 业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 | | 参与单位名称及 | 线上参与天银机电2024年度业绩网上说明会的投资者 | | 人员姓名 | | | 时间 | 2025年4月22日 下午15:00至17:00 | | 地点 | 价值在线（www.ir-online.cn）网络互动 | | 上市公司接待人 | 董事、总经理：赵云文先生 | | 员姓名 | 独立董事：李灵辉先生 | | | 副总经理、董事会秘书：方程先生 | | | 副总经理、财务总监：李荟女士 | | | 本次年度业绩说明会不涉及应披露的重大信息。 | | | 公司就投资者在本次说明会中提出的主要问题进行了回复： | | | 1、请问公司双总部战略规划进展情况如何？ | | | 答：您好，上市公司推动"常熟+南海"双总部战略。其 | | | 中常熟总部将继续深化"冰 ...

外资态度来看，本期较上一季度持股减少的外资基金共计1个，即香港中央结算有限公司，持股减少占 比达0.12%。本期较上一季未再披露的外资机构即MORGAN STANLEY & CO. INTERNATIONAL PLC.。 公募基金方面，本期较上一期持股增加的公募基金共计1个，即永赢高端装备智选混合发起A，持股增 加占比小幅上涨。本期较上一季度新披露的公募基金共计60个，主要包括鹏华高质量增长混合A、国泰 中证全指家用电器ETF、万家沪深300指数增强A、广发中证全指家用电器ETF、鹏华可转债债券A等。 2025年4月12日，天银机电(300342.SZ)发布2024年年度报告。截至2025年4月11日，共有67个机构投资 者披露持有天银机电A股股份，合计持股量达1.43亿股，占天银机电总股本的33.61%。其中，前十大机 构投资者包括佛山市澜海瑞兴股权投资合伙企业(有限合伙)、香港中央结算有限公司、常熟市天恒投资 管理有限公司、广东南海产业集团有限公司、成都高易私募基金管理有限公司-高易青城私募证券投资 基金、基本养老保险基金一二零三组合、鹏华高质量增长混合A、国泰中证全指家用电器ETF、永赢高 端装备智选混 ...