Core Viewpoint - The smart bus industry is an emerging sector that integrates advanced technologies such as IoT, 5G, big data, and artificial intelligence with transportation, significantly enhancing the quality and efficiency of public transport and addressing severe traffic congestion issues. The market is expected to grow from 28.704 billion yuan in 2016 to 77.621 billion yuan in 2024, with a compound annual growth rate (CAGR) of 13.24% [1][14]. Industry Overview - Smart buses utilize advanced GPS/Beidou positioning, 3G/4G communication, and GIS technology to optimize bus scheduling and management, improving vehicle utilization and monitoring systems [4]. - The smart bus market is projected to approach 85 billion yuan by 2025, emphasizing data integration and sharing to enhance overall traffic system efficiency [1][14]. Industry Policies - The smart bus sector has seen rapid development due to supportive national policies aimed at promoting smart transportation systems. Key policies include the establishment of new government-enterprise cooperation mechanisms and the encouragement of data resource development [6][8]. - Specific initiatives include the promotion of smart traffic management systems and the integration of various transportation modes into a cohesive green travel system [6][8]. Industry Chain - The smart bus industry chain encompasses hardware components (sensors, chips, monitoring systems) and software systems (satellite positioning, cloud computing), with integration and solution provision being key midstream activities [9]. - Downstream participants include local governments, transportation management departments, and public transport companies, all contributing to the implementation and commercialization of smart bus systems [9]. Market Dynamics - The smart bus market is characterized by low concentration and high regional variability, with major players including Yihualu, Silver River Technology, and Zhidatech, among others [17][18]. - The industry faces challenges in product integration and meeting specific operational needs, leading to a competitive landscape where larger system integrators and hardware manufacturers dominate [17]. Development Trends - The smart bus sector is moving towards increased automation, AI-driven scheduling, and enhanced passenger services, with expectations for L4-level autonomous driving capabilities [22]. - The integration of V2X technology and 5G communication is set to enhance real-time interaction between buses and traffic infrastructure, improving traffic flow and reducing congestion [23]. - Future developments will focus on system integration and standardization, creating unified platforms that combine payment, security, and energy management functionalities [24].

Core Insights - Tianmai Technology (300807.SZ) reported a total operating revenue of 66.38 million yuan for the first half of 2025, with a net profit attributable to shareholders of -4.27 million yuan [1] - The company experienced a cash outflow from operating activities amounting to -2.28 million yuan [1] Financial Metrics - The latest debt-to-asset ratio stands at 24.82%, an increase of 1.13 percentage points compared to the same period last year [3] - The latest gross profit margin is 42.80%, down by 1.03 percentage points year-on-year [3] - The return on equity (ROE) is reported at -0.89% [3] - The diluted earnings per share (EPS) is -0.06 yuan [3] - The total asset turnover ratio is 0.10 times, while the inventory turnover ratio is 0.47 times [3] Shareholder Information - The number of shareholders is 9,692, with the top ten shareholders holding a total of 38.35 million shares, representing 56.36% of the total share capital [3] - The top ten shareholders and their respective holdings are as follows: - Guo Jianguo: 31.5 million shares - Hainan Dacheng Ruixin Investment Partnership (Limited Partnership): 14.8 million shares - Guo Tiantian: 3.41 million shares - China Merchants Bank Co., Ltd. - GF Electronic Information Media Industry Select Fund: 2.52 million shares - Zoki Bi: 1.04 million shares - Deng Zeyu: 0.85 million shares - Jinan Beiqi Information Management Consulting Partnership (Limited Partnership): 0.59 million shares - Shanghai Zhuchi Asset Management Co., Ltd. - Zhuchi New Income Private Securities Investment Fund No. 11: 0.58 million shares - UBS AG: 0.54 million shares - Jiao Chao: 0.51 million shares [3]

Group 1 - The company Tianmai Technology announced the approval of the proposal regarding the 2025 semi-annual report and its summary during the 12th meeting of the fourth supervisory board [2]

Group 1 - The company Tianmai Technology announced the approval of the proposal regarding the 2025 semi-annual report and its summary during the twelfth meeting of the fourth board of directors [2]

Group 1 - The core viewpoint of the article is that Tianmai Technology (300807.SZ) reported significant revenue growth in the first half of 2025, but faced a net loss [1] - The company achieved an operating income of 66.38 million yuan, representing a year-on-year increase of 82.79% [1] - The net profit attributable to shareholders of the listed company was a loss of 4.27 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 7.86 million yuan [1] - The basic earnings per share were reported at -0.06 yuan [1]

Group 1 - The company Tianmai Technology (SZ 300807) announced the convening of its fourth board meeting on August 15, 2025, to discuss the semi-annual report and its summary [2] - For the year 2024, the company's revenue composition is entirely from intelligent transportation, accounting for 100.0% [2]

法定代表人: 郭建国 主管会计工作负责人: 张伟光 会计机构负责人: 宋明晓 | 编制单位：郑州天迈科技股份有限公司 | | | | | | | | | 单位：元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公 | 上市公司核算 | 2025年期初占用 | 2025年半年度占用累 计发生金额（不含利 | 2025年半年度占 用资金的利息(如 | 2025年半年度 偿还累计发生 | 2025年半年度占用 占用形成原因 | 占用性质 | | | | 司的关联关系 | 的会计科目 | 资金余额 | | | | 资金余额 | | | | | | | | 息） | 有) | 金额 | | | | 控股股东、实际控制人及其 | | | | | | | | | | | 附属企业 | | | | | | | | | | | 小计 | | | | | | | | | | | 前控股股东、实际控制人及 | | | | | | | | | | | 其附属企业 | | | | | | | | ...

证券代码：300807 证券简称：天迈科技 公告编号：2025-033 郑州天迈科技股份有限公司 第四届监事会第十二次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、监事会会议召开情况 郑州天迈科技股份有限公司（以下简称"公司"）第四届监事会第十二次会 议于 2025 年 8 月 15 日在郑州市高新区莲花街 316 号 10 号楼公司一楼会议室以 现场方式召开。会议通知已于 2025 年 8 月 5 日通过电子邮件的方式送达各位监 事。本次会议应出席监事 3 人，实际现场出席监事 3 人。 表决结果：3 票同意，0 票反对，0 票弃权。 会议由监事会主席江晓慧女士主持。会议召开符合有关法律、法规、规章 和《公司章程》的规定。 三、备查文件 二、监事会会议审议情况 1、公司第四届监事会第十二次会议决议。 1、审议通过《关于 2025 年半年度报告及其摘要的议案》 特此公告。 经审议，公司监事会认为董事会对《2025 年半年度报告》及其摘要的编制 和审议程序符合法律、行政法规及中国证监会的规定，报告内容真实、准确、完 整地反映了公司的实际情况，不 ...

证券代码： 300807 证券简称：天迈科技 公告编号：2025-032 郑州天迈科技股份有限公司 第四届董事会第十二次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 经审议，董事会认为：公司《2025 年半年度报告》及摘要包含的信息公 允、全面、真实地反映了本报告期的财务状况和经营成果等事项，所披露的信 息真实、准确、完整，不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见公司披露于巨潮资讯网（http://www.cninfo.com.cn）的《2025 年半年度报告》及摘要。 表决结果：7 票同意，0 票反对，0 票弃权。 本议案已经董事会审计委员会审议通过。 三、备查文件 一、董事会会议召开情况 郑州天迈科技股份有限公司（以下简称"公司"）第四届董事会第十二次会议 于 2025 年 8 月 15 日在郑州市高新区莲花街 316 号 10 号楼公司一楼会议室以现 场结合通讯方式召开。会议通知已于 2025 年 8 月 5 日通过电子邮件的方式送达 各位董事。本次会议应出席董事 7 人，实际出席董事 7 人，其中独立董事关志超 先生通过 ...

天迈科技公告，2025年上半年营业收入6638.12万元，同比增长82.79%。净利润亏损427.12万元，上年 同期亏损3340.24万元。 ...