Company Overview - Zhejiang Tailin Biological Technology Co., Ltd. was listed on the Shenzhen Stock Exchange's Growth Enterprise Market in January 2020, focusing on life science system solutions [2] - The company provides a one-stop series of complete equipment, precision instruments, and supporting consumables for life science research and industry [2] Research and Development Focus - Current R&D investments are concentrated in three main areas: 1. Microbial detection and control, specifically in industrial microbiology and water ecological monitoring [4] 2. Quality control in pharmaceutical health products, innovative drug production assurance, and safety of major disease treatment drugs [4] 3. Advanced technologies such as cavity ring-down spectroscopy and particle laser imaging [4] Semiconductor Industry Engagement - The company’s subsidiary hosted a seminar on TOC analysis technology for semiconductor water, showcasing breakthroughs in this area [4] - Products like the GM200e and DC200e TOC analyzers are being utilized in ultra-pure water and wastewater applications within the semiconductor industry, with the DC200e achieving a detection limit of 0.030 ppb and an accuracy of ±0.1 ppb [4] - The semiconductor sector remains a small portion of the company's overall business, but it is a key development direction for the year [4] Financial Performance and Market Expansion - International business grew significantly, with a 36% increase in volume compared to the same period last year, accounting for 17% of total business [6] - The company’s overseas revenue for the first half of 2025 reached 22 million, with a growth rate of 43% [6] - Major growth markets include Asia, Africa, and the Americas, focusing on integrity testing instruments, organic analysis series, and microbial detection products [6] Cost and Expenses - Share-based payment expenses for the first half of 2025 were 107.7 thousand yuan (unaudited), with an estimated 323.11 thousand yuan for the second half [6]

Core Insights - TaiLin Bio experienced a decline of 5.05% on September 9, with a stock price of 31.77 CNY per share and a total market capitalization of 3.85 billion CNY [1] Company Overview - TaiLin Bio, established on January 8, 2002, and listed on January 14, 2020, is located in Hangzhou, Zhejiang Province. The company specializes in the research, manufacturing, and sales of microbial detection and control technology systems, as well as organic analysis instruments [1] - The revenue composition of TaiLin Bio includes: 47.03% from sterile production and contamination control equipment, 35.70% from microbial detection technology products, 9.96% from other supplementary products, and 7.32% from organic analysis technology products [1] Shareholder Analysis - The top circulating shareholder of TaiLin Bio includes a fund from NuAn Fund, specifically NuAn Multi-Strategy Mixed A (320016), which entered the top ten circulating shareholders in the second quarter with 511,200 shares, representing 0.67% of circulating shares. The estimated floating loss today is approximately 863,900 CNY [2][4] - NuAn Multi-Strategy Mixed A was established on August 9, 2011, with a latest scale of 1.399 billion CNY. Year-to-date returns are 61.14%, ranking 335 out of 8,179 in its category, while the one-year return is 123.1%, ranking 161 out of 7,984 [2] Fund Manager Performance - The fund managers of NuAn Multi-Strategy Mixed A are Kong Xianzheng and Wang Haichang. Kong has a tenure of 4 years and 288 days, with a total fund asset size of 4.607 billion CNY, achieving a best return of 72.32% and a worst return of -16.74% during his tenure [3] - Wang has a tenure of 3 years and 50 days, managing a total fund asset size of 2.529 billion CNY, with a best return of 60.19% and a worst return of -18.8% during his tenure [3] Fund Holdings - NuAn Multi-Strategy Mixed A increased its holdings in TaiLin Bio by 286,000 shares in the second quarter, bringing its total to 511,200 shares, which constitutes 0.44% of the fund's net value, making it the fourth-largest holding. The estimated floating loss today is approximately 863,900 CNY [4]

Core Viewpoint - TaiLin Bio's financial performance shows a mixed picture with a decline in total revenue but a significant increase in net profit and profitability metrics [1] Financial Performance Summary - Total revenue for the first half of 2025 was 146 million yuan, a decrease of 6.69% year-on-year [1] - Net profit attributable to shareholders reached 13.54 million yuan, an increase of 105.76% year-on-year [1] - In Q2 2025, total revenue was 78.89 million yuan, up 3.42% year-on-year, while net profit was 10.01 million yuan, up 1312.58% year-on-year [1] - Gross margin improved to 51.92%, a year-on-year increase of 12.08%, and net margin rose to 9.15%, up 143.76% year-on-year [1] - Total operating expenses (selling, administrative, and financial) amounted to 30.20 million yuan, accounting for 20.71% of revenue, a decrease of 7.81% year-on-year [1] - Earnings per share increased to 0.11 yuan, a rise of 83.33% year-on-year, while operating cash flow per share improved to 0.03 yuan, up 110.38% year-on-year [1] Asset and Liability Overview - Cash and cash equivalents decreased to 198 million yuan, down 34.03% year-on-year [1] - Accounts receivable increased to 46.92 million yuan, a rise of 4.47% year-on-year [1] - The company reported a return on invested capital (ROIC) of 2.12% for the previous year, indicating weak capital returns [1] Investment Insights - The company’s business model relies heavily on research and marketing efforts, necessitating a deeper analysis of these driving factors [1] - The largest fund holding TaiLin Bio is the Nuoan Multi-Strategy Mixed A fund, which has increased its holdings [2]

Group 1 - The company held meetings on August 27, 2025, to review and approve the profit distribution plan for the first half of 2025, which will be submitted to the third extraordinary general meeting of shareholders for approval [1][2] - The proposed profit distribution plan includes a cash dividend of 1 yuan (including tax) for every 10 shares, with no stock dividends or capital reserve transfers [2][3] - The company's net profit for the first half of 2025 was -6,744,251.38 yuan, and the actual distributable profit as of June 30, 2025, was 96,821,547.99 yuan [2][3] Group 2 - The independent directors believe the profit distribution plan considers the company's operational status, future development, and reasonable shareholder returns, aligning with the company's articles of association and legal regulations [1][2] - The supervisory board agrees that the profit distribution plan takes into account the company's profitability and funding needs, ensuring it does not harm the overall interests of the company and its shareholders [2][3] - The cash dividend plan is deemed reasonable and aligns with the company's growth and operational scale, ensuring that it will not adversely affect the company's liquidity or long-term development [4]

Group 1 - The company, Tailin Biotech, announced the approval of several proposals during the ninth meeting of its fourth board of directors, including the profit distribution plan for the first half of 2025 [2]

Group 1 - The company announced the approval of the full text and summary of the 2025 semi-annual report during the eighth meeting of the fourth supervisory board [2]

Group 1 - The company reported a revenue of 146 million yuan for the first half of 2025, representing a year-on-year decrease of 6.69% [1] - The net profit attributable to shareholders of the listed company was 13.54 million yuan, showing a year-on-year increase of 105.76% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 13.20 million yuan, reflecting a year-on-year growth of 116.80% [1] Group 2 - The basic earnings per share were 0.11 yuan [1] - The company proposed a cash dividend of 1 yuan (including tax) for every 10 shares to all shareholders [1]

浙江泰林生物技术股份有限公司 对外担保决策制度 第一章 总 则 第一条 为了规范浙江泰林生物技术股份有限公司（以下简称"公司"）的对 外担保行为，有效控制公司对外担保风险，保证公司资产安全，根据《中华人民 共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以下简 称《证券法》）、《上市公司监管指引第8号——上市公司资金往来、对外担保 的监管要求》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公 司自律监管指引第2号——创业板上市公司规范运作》及《浙江泰林生物技术股 份有限公司章程》（以下简称"《公司章程》"）、《浙江泰林生物技术股份有限 公司股东会议事规则》《浙江泰林生物技术股份有限公司董事会议事规则》等公 司制度的有关规定，特制定本制度。 第二条 本制度适用于公司及公司的控股子公司。 第三条 本制度所称对外担保是指公司为他人提供的担保，包括公司对控股 子公司的担保。公司及控股子公司的对外担保总额，是指包括公司对控股子公司 担保在内的公司对外担保总额与公司控股子公司对外担保额之和。 第四条 本制度所称担保是指公司以第三人身份为他人提供的保证、抵押或 质押。具体种类包括借款担保、银行开立 ...

浙江泰林生物技术股份有限公司 董事会审计委员会工作细则 第一章 总 则 第一条 为强化董事会决策功能，做到事前审计、专业审计，确保董事会对 经理层的有效监督，完善公司治理结构，根据《中华人民共和国公司法》（以下 简称《公司法》）、《中华人民共和国证券法》（以下简称《证券法》）、《浙 江泰林生物技术股份有限公司章程》（以下简称"《公司章程》"）及相关法律 法规，公司特设立董事会审计委员会，并制定本工作细则。 第二条 董事会审计委员会是董事会按照股东会决议设立的专门工作机构， 行使《公司法》规定的监事会的职权，并负责审核公司财务信息及其披露、监督 及评估内外部审计工作和内部控制。 第二章 人员组成 第三条 审计委员会成员由 3 名董事组成，其中独立董事至少 2 名，且至少 有 1 名独立董事为专业会计人士。 第四条 审计委员会委员由董事长、二分之一以上独立董事或者全体董事的 三分之一提名，并由董事会选举产生。审计委员会委员应当为不在公司担任高级 管理人员的董事。 第五条 审计委员会设召集人一名，召集人由独立董事担任，应当为会计专 业人士，负责主持委员会工作；召集人由董事长提名，董事会选举产生。 第六条 审计委员会 ...

第一章 总 则 第一条 为了明确董事会战略委员会的职责，提高重大投资决策的效益和决 策的质量，完善公司的治理机构，并使委员会工作规范化、制度化，根据《中华 人民共和国公司法》（以下简称"《公司法》"）、《上市公司治理准则》《浙 江泰林生物技术股份有限公司章程》（以下简称"《公司章程》"）、《浙江泰 林生物技术股份有限公司董事会议事规则》（以下简称"《董事会议事规则》"） 及其他有关规定制定本工作细则。 浙江泰林生物技术股份有限公司 董事会战略委员会工作细则 第五条 战略委员会委员由董事长、二分之一以上独立董事或者全体董事的 三分之一以上提名，并由董事会选举产生。 第六条 战略委员会成员应当具备以下条件： （一）熟悉国家有关法律、法规、熟悉公司的经营管理； （二）诚信原则，廉洁自律，忠于职守，为维护公司和股东的权益积极开展 工作； （三）有较强的综合分析和判断能力，能处理复杂的涉及公司发展战略、重 大投资方面的问题，具备独立工作的能力。 第七条 设召集人一名，由董事长担任，负责主持委员会工作。 第二条 战略委员会是董事会下设的专门工作机构，主要负责对公司长期发 展战略和重大投资决策进行研究并提出建议。 第三条 ...