Market Overview - On September 16, the home goods sector rose by 0.56% compared to the previous trading day, with Meizhi leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Top Performers - Meizhi (834765) closed at 23.98, up 10.71% with a trading volume of 65,900 shares and a turnover of 154 million yuan [1] - Tianzhen Co. (301356) closed at 23.45, up 8.92% with a trading volume of 104,300 shares and a turnover of 241 million yuan [1] - Yongyi Co. (603600) closed at 11.98, up 5.27% with a trading volume of 156,900 shares and a turnover of 183 million yuan [1] Underperformers - Yuhua Co. (603615) closed at 28.77, down 2.67% with a trading volume of 49,900 shares and a turnover of 144 million yuan [2] - ST Huapeng (603021) closed at 4.94, down 2.18% with a trading volume of 51,200 shares and a turnover of 25.68 million yuan [2] - Han Gao Group (001221) closed at 56.27, down 1.80% with a trading volume of 59,100 shares and a turnover of 330 million yuan [2] Capital Flow - The home goods sector saw a net inflow of 81.18 million yuan from institutional investors, while retail investors experienced a net inflow of 33.52 million yuan [2] - Retail investors' net outflow was 115 million yuan, indicating a mixed sentiment in the market [2] Individual Stock Capital Flow - Good Housewife (603848) had a net inflow of 39.10 million yuan from institutional investors, while retail investors saw a net outflow of 22.96 million yuan [3] - Tianzhen Co. (301356) experienced a net inflow of 36.04 million yuan from institutional investors, with a net outflow of 29.83 million yuan from retail investors [3] - Zhejiang Yongqiang (002489) had a net inflow of 21.86 million yuan from institutional investors, while retail investors saw a net outflow of 594,310 yuan [3]

Core Viewpoint - The company, Zhejiang Tianzhen Technology Co., Ltd., is undergoing significant changes in its fundraising projects and operational strategies due to external trade pressures and internal performance challenges [1][3][8]. Summary by Relevant Sections Company Operations and Fundraising Projects - The company has extended the construction period of its fundraising project in the U.S. to June 30, 2027, changing the project from an annual production capacity of 3 million square meters to 2 million square meters of new inorganic composite flooring [1][2][4]. - The U.S. project is now managed by a new entity, Boson New Materials Company, located in Georgia, with construction expected to start in December 2024 and production to begin in July 2025 [1][2][4]. Performance and Challenges - The company has faced significant challenges due to U.S. customs imposing strict import restrictions, which have severely impacted export orders and overall business performance [2][3][8]. - As of 2024, the company is projected to incur losses, prompting it to enhance research and development efforts and explore new product lines to stabilize its operations [3][8]. Compliance and Regulatory Actions - The company has been reminded to continuously monitor factors leading to performance fluctuations and to fulfill its information disclosure obligations [2][3][10]. - Due to the improper use of idle fundraising capital, the company and its executives received warnings from regulatory bodies, necessitating a comprehensive review and improvement of internal controls related to fundraising management [9][10].

国投证券股份有限公司 1 | 保荐机构名称：国投证券股份有限公司 | 被保荐公司简称：天振股份（股票代码： | | --- | --- | | | 301356） | | 保荐代表人姓名：唐斌 | 联系电话：021-55518390 | | 保荐代表人姓名：肖江波 | 联系电话：021-55518898 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1．公司信息披露审阅情况 | - | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 无 | | 2．督导公司建立健全并有效执行规章制度 | - | | 的情况 | | | （1）是否督导公司建立健全规章制度（包 | | | 括但不限于防止关联方占用公司资源的制 | 是 | | 度、募集资金管理制度、内控制度、内部审 | | | 计制度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3．募集资金监督情况 | - | | （1）查询公司募集资金专户次数 | 5 次 是。公司分别于 | | | 2022 年 11 月 30 日及 2023 | | ...

Core Viewpoint - Zhejiang Tianzhen Technology Co., Ltd. has been issued a warning letter by the Zhejiang Securities Regulatory Bureau for failing to comply with regulations regarding the management and disclosure of raised funds [1][2][8] Group 1: Company Actions and Violations - The company approved the use of up to RMB 600 million of idle raised funds for cash management on December 12, 2023, but failed to disclose this in a timely manner until March 2025 [1][2] - The actions of the company violated the regulatory requirements outlined in the "Guidelines for the Management and Use of Raised Funds by Listed Companies" and the "Administrative Measures for Information Disclosure by Listed Companies" [1][2][8] - Key executives, including the chairman and general manager, were found negligent in ensuring compliance with these regulations [1][2] Group 2: Financial Performance - In the first half of 2025, the company reported revenue of RMB 796 million, a year-on-year increase of 153.97% [2][3] - The net profit attributable to shareholders was RMB 49.49 million, reflecting a significant increase of 250.49% compared to the previous year [2][3] - The net cash flow from operating activities was RMB 63.96 million, marking a 245.45% increase from the same period last year [3] Group 3: Company Background and IPO - Zhejiang Tianzhen Technology Co., Ltd. was established in 2003 and went public on November 14, 2022, raising a total of RMB 1.89 billion [4][6] - The company issued 30 million shares at an initial price of RMB 63 per share, but is currently trading below its IPO price [4][5] - The funds raised are intended for the production of new inorganic material composite flooring and to supplement working capital [5]

Group 1 - The core point of the news is that Tianzhen Co., Ltd. experienced a 5.07% drop in stock price, closing at 21.36 yuan per share, with a trading volume of 155 million yuan and a turnover rate of 13.09%, resulting in a total market capitalization of 4.614 billion yuan [1] - Tianzhen Co., Ltd. is located in Anji Economic Development Zone, Zhejiang Province, and was established on January 16, 2003. The company went public on November 14, 2022, and its main business involves the research, production, and sales of new PVC composite flooring materials [1] - The revenue composition of Tianzhen Co., Ltd. includes SPC flooring at 57.42%, WPC flooring at 20.05%, RPET flooring at 16.26%, LVT flooring at 4.54%, and other products at 1.73% [1] Group 2 - From the perspective of the top ten circulating shareholders, a fund under Yinhua Fund is among the top shareholders of Tianzhen Co., Ltd. Yinhua Value Select Mixed Fund (519001) reduced its holdings by 392,800 shares in the second quarter, holding 1.4313 million shares, which accounts for 2.61% of the circulating shares [2] - The estimated floating loss for Yinhua Value Select Mixed Fund (519001) today is approximately 1.6317 million yuan [2] - Yinhua Value Select Mixed Fund (519001) was established on September 27, 2005, with a latest scale of 1.762 billion yuan. Year-to-date returns are 11.73%, ranking 5529 out of 8184 in its category, while the one-year return is 26.01%, ranking 5066 out of 7971 [2]

Core Viewpoint - The home goods sector experienced a slight increase of 0.28% on September 1, with JiaLian Technology leading the gains, while the overall market indices also showed positive movements [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3875.53, up 0.46% [1]. - The Shenzhen Component Index closed at 12828.95, up 1.05% [1]. - JiaLian Technology saw a significant rise of 20.00%, closing at 24.48 [1]. Group 2: Individual Stock Performance - TianZhen Co. increased by 15.38%, closing at 22.50 [1]. - ShuangQiang Technology rose by 5.38%, closing at 26.25 [1]. - ST HuaPeng and FengLin Group also showed positive movements, with increases of 4.99% and 4.50%, respectively [1]. Group 3: Capital Flow Analysis - The home goods sector experienced a net outflow of 14.5863 million yuan from institutional investors and 30.0928 million yuan from speculative funds, while retail investors saw a net inflow of 44.6791 million yuan [2]. - JiaLian Technology had a net inflow of 34.8664 million yuan from institutional investors, despite a net outflow of 25.1089 million yuan from speculative funds [3]. - The overall capital flow indicates a mixed sentiment, with retail investors showing confidence in the sector [2][3].

Group 1 - The home goods sector increased by 0.07% on August 28, with Longzhu Technology leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] - Longzhu Technology's stock price rose by 11.56% to 14.57, with a trading volume of 127,500 shares and a transaction value of 178 million yuan [1] Group 2 - The home goods sector saw a net outflow of 79.73 million yuan from main funds, while retail investors contributed a net inflow of 147 million yuan [2] - The stock prices of several companies in the home goods sector experienced declines, with Yuma Technology falling by 6.36% to 16.48 and Tianan New Materials down by 4.90% to 10.49 [2] - The trading volume and transaction values for various companies in the sector varied, with notable declines in stocks like ST Yazhen and Zhang Xiaoqin [2]

Group 1 - The company Tianzhen Co., Ltd. announced on August 28 that it has approved the appointment of Mr. Tang Wenjin as the vice president, following the recommendation of the general manager and the review by the second nomination committee [1]

证券代码：301356 证券简称：天振股份 公告编号：2025-047 浙江天振科技股份有限公司 关于2025年半年度募集资金存放与使用情况的专项报告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 按照中国证券监督管理委员会（简称"中国证监会"）《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》，根据《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《深圳证券交易所上市公 司自律监管指南第 2 号——公告格式》的规定，现将浙江天振科技股份有限公司（以 下简称"公司"）截至 2025 年 6 月 30 日募集资金存放与使用情况报告如下： 一、募集资金基本情况 （一） 实际募集资金金额、资金到账时间 本公司经中国证券监督管理委员会证监发行字[2022]1855号文核准，由主承销 商国投证券股份有限公司通过深圳证券交易所系统采用包销方式，向社会公开发行 了人民币普通股（A股）股票3,000万股，发行价为每股人民币63元，共计募集资金 总额为人民币1,890,000,000.00元，扣除券商承销佣金及保荐费88,359, ...

证券代码：301356 证券简称：天振股份 公告编号：2025-046 依照《企业会计准则》及公司会计政策的相关规定，公司对截止 2025 年 6 月 30 日合并范围内的各类资产进行全面清查，对各类资产的可变现性进行充 分的评估和分析，认为上述资产中部分资产存在一定的减值迹象，本着谨慎性 原则，对可能发生资产减值损失的相关资产计提资产减值准备。 （二）本次计提资产减值准备的资产范围和总金额 公司及子公司对截至 2025 年 6 月 30 日存在可能发生减值迹象的资产进行 全面清查和资产减值测试后，计提 2025 年 1-6 月资产减值准备共计人民币 9,332,060.16 元，具体明细如下： | 项目 | 本期发生额 | | --- | --- | | 1、资产减值损失 | 6,546,628.15 | | 其中：存货跌价准备 | 6,546,628.15 | | 2、信用减值损失 | 2,785,432.01 | 1 浙江天振科技股份有限公司 关于 2025 年半年度计提资产减值准备的公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 浙江天振科技股份有 ...