浙江天振科技股份有限公司 关于聘任副总经理的公告 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。 1 附件：汤文进先生简历如下： 证券代码：301356 证券简称：天振股份 公告编号：2025-045 汤文进先生，1986年12月出生，中国籍，无境外永久居留权，本科学历，高 分子材料与工程专业，中级工程师。2009年10月至2010年10月，担任帝高力装饰 材料有限公司研发工程师；2010年11月至2020年8月，担任浙江天振竹木开发有 限公司技术总监；2020年8月至2025年8月，担任浙江天振科技股份有限公司监事 会主席，2020年8月至今，担任浙江天振科技股份有限公司技术总监。 截至本公告披露日，汤文进先生通过安吉亚华贸易合伙企业（有限合伙）间 接持有公司583,200股股份，间接持股比例为0.27%；汤文进先生与持有公司5% 以上股份的股东、公司实际控制人、其他董事、高级管理人员不存在关联关系； 汤文进先生不存在《公司法》第一百七十八条及《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》第3.2.3条所规定的禁止担任上市 公司董事、 ...

浙江天振科技股份有限公司 2025 年半年度财务报告 浙江天振科技股份有限公司 2025 年半年度财务报告 二〇二五年八月 1 浙江天振科技股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：浙江天振科技股份有限公司 2025 年 06 月 30 日 | | | 单位：元 | | --- | --- | --- | | 项目 | 期末余额 | 期初余额 | | 流动资产： | | | | 货币资金 | 585,519,323.99 | 507,254,020.20 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 602,744,235.14 | 710,416,995.44 | | 衍生金融资产 | | | | 应收票据 | | | | 应收账款 | 359,816,302.89 | 321,799,161.26 | | 应收款项融资 | | | | 预付款项 | 9,862,611.69 | 15,472,200.45 | | 应收保费 ...

证券代码：301356 证券简称：天振股份 公告编号：2025-042 浙江天振科技股份有限公司 第二届董事会第二十二次会议决议公告 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。 一、董事会会议召开情况 浙江天振科技股份有限公司（以下简称"公司"）于 2025 年 8 月 15 日以书 面方式向全体董事发出了第二届董事会第二十二次会议通知，同时，为提高决 策效率，2025 年 8 月 26 日，公司全体董事一致同意公司将《关于选举代表公 司执行事务的董事暨法定代表人的议案》《关于确认第二届董事会审计委员会 委员的议案》《关于补选第二届董事会战略委员会委员的议案》《关于聘任副 总经理的议案》提交第二届董事会第二十二次会议审议，并豁免上述议案的通 知时限，会议于 2025 年 8 月 26 日以现场的方式在公司会议室召开。本次会议 由董事长方庆华先生主持，本次会议应出席董事 7 人，实际出席董事 7 人。公 司高管列席了本次会议。本次会议召集、召开符合《中华人民共和国公司法》 等有关法律、行政法规、部门规章、规范性文件及《浙江天振科技股份有限公 司章程》的规定。 ...

附表： 2025年半年度非经营性资金占用及其他关联资金往来情况汇总表 编制单位：浙江天振科技股份有限公司 金额单位：人民币万元 法定代表人：方庆华 主管会计工作负责人：吴阿晓 会计机构负责人：吴阿晓 | | | | 其 他 应 收 | | | | | 代 | 发 工 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 公司四 | 子公司 | 款 | - | 131.01 | - | 131.01 | - 资 | 非经营性 | | | 公司五 | | 其 他 应 收 | | | | | 代 | 发 工 | | | | 子公司 | 款 | 14.05 | 83.25 | - | 97.30 | - 资 | 非经营性 | | 上市公司的子公司 | 越南聚丰新材料有限公 | | 其 他 应 收 | | | | | 代 | 发 工 | | | | 子公司 | | - | 17.17 | - | 17.17 | - | 非经营性 | | 及其附属企业 | 司 | | 款 | | | | | 资 | | | | | | 长 期 应 收 | ...

Financial Performance - The company's operating revenue for the first half of 2025 reached ¥795,565,721.01, representing a 153.97% increase compared to ¥313,256,834.96 in the same period last year[19]. - Net profit attributable to shareholders was ¥49,486,414.89, a significant turnaround from a loss of ¥32,883,781.60 in the previous year, marking a 250.49% increase[19]. - The net profit after deducting non-recurring gains and losses was ¥44,177,768.71, compared to a loss of ¥39,973,279.48 in the same period last year, reflecting a 210.52% improvement[19]. - The net cash flow from operating activities was ¥63,957,647.40, a substantial increase of 245.45% from a negative cash flow of ¥43,970,750.43 in the previous year[19]. - Basic earnings per share improved to ¥0.23 from a loss of ¥0.15, representing a 253.33% increase[19]. - The gross profit margin for WPC flooring improved by 11.66% to 21.59%, while SPC flooring saw a 14.23% increase in gross profit margin to 14.91%[49]. - The company's total assets at the end of the reporting period amounted to ¥2,700,893,839.72, slightly down from ¥2,730,123,327.02 at the beginning of the period[167]. - Cash and cash equivalents increased to ¥321,843,127.29 from ¥257,110,596.83, reflecting a growth of approximately 25.2%[165]. - The total liabilities decreased to ¥66,522,847.21 from ¥85,859,431.32, a reduction of about 22.5%[167]. - The equity attributable to shareholders increased to ¥2,634,370,992.51 from ¥2,644,263,895.70, showing a slight decline of approximately 0.4%[167]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,289,724,606.26, a slight increase of 0.36% from ¥3,277,961,829.95 at the end of the previous year[19]. - Net assets attributable to shareholders increased by 1.21% to ¥2,983,454,046.63 from ¥2,947,686,477.21 at the end of the previous year[19]. - The company's short-term borrowings slightly increased to CNY 50,142.50 from CNY 50,056.25[162]. - Accounts payable decreased to CNY 248,809,642.78 from CNY 265,428,838.46, reflecting a decline of about 6.27%[162]. - The company's total financial assets measured at fair value were ¥716,552.54 million, with a fair value change of ¥8,345,781.8 million during the period[57]. Market and Product Development - The company is a leading domestic enterprise in the R&D, production, and export of polymer flooring materials, focusing on PVC composite flooring and new RPET composite flooring[26]. - The main products include WPC flooring, SPC flooring, and LVT flooring, which are increasingly replacing traditional flooring materials due to their eco-friendliness and ease of installation[26]. - The company has made significant breakthroughs in RPET composite flooring, officially entering mass production in January 2024, with substantial market potential[37]. - The company has established long-term strategic partnerships with several globally recognized building material retailers, enhancing its market presence[38]. - The company has invested in production capacity in Vietnam since 2019, positioning itself as one of the first in the industry to do so, which helps mitigate international trade risks[44]. Research and Development - The company has established a research and development center that meets international standards, focusing on product, technology, and process innovation, maintaining a leading position in the industry[33]. - The company has a total of 35 patents, including 25 invention patents, demonstrating its strong commitment to innovation and technology[40]. - Research and development expenses decreased by 16.08% to ¥10,235,291.33, indicating a potential shift in focus or efficiency in R&D spending[47]. Risk Management - The company has outlined potential risk factors and countermeasures in its report, emphasizing the importance of investor awareness regarding investment risks[4]. - The company faces risks from U.S. tariffs and trade tensions, which have led to significant performance declines due to customs clearance issues[82]. - The company has implemented enhanced management and financial control measures to mitigate risks associated with overseas assets[54]. - Fluctuations in raw material prices, such as PVC resin and printing fabrics, significantly impact production costs and gross margins, with measures in place to manage these risks[86]. - Currency exchange rate fluctuations, particularly between the RMB and USD, pose risks to the company's asset value and sales revenue[87]. Governance and Compliance - The company has established a three-tier governance structure consisting of the shareholders' meeting, board of directors, and general manager to enhance decision-making and protect shareholder rights[100]. - The company emphasizes compliance with information disclosure regulations, ensuring that disclosures are accurate, complete, and timely[100]. - The company has implemented anti-corruption and anti-bribery measures, including training for relevant personnel and signing anti-bribery clauses with suppliers and customers[102]. - The company has committed to avoiding related party transactions during the tenure of its directors and senior management, ensuring fair and reasonable pricing for any unavoidable transactions[104]. Shareholder Relations - The company plans to implement a share repurchase program to stabilize stock prices, with a maximum funding amount not exceeding 30% of the previous fiscal year's audited net profit attributable to shareholders[105]. - The company has established diversified communication channels with investors to enhance understanding and recognition of the company[100]. - The actual controller of the company, Mr. Fang Qinghua, has committed to stabilizing the stock price based on confidence in the company's future growth[100]. Cash Management - The company approved the use of up to RMB 600 million of idle raised funds for cash management, effective for 12 months from the board's approval date[117]. - The company has implemented a monthly monitoring system for cash management of raised funds, focusing on authorization limits, product types, and liquidity[118]. - The internal approval process for cash management has been optimized to automatically trigger a blocking mechanism for any excess or overdue situations[120]. Future Outlook - The company is focusing on expanding its market presence through new product development and strategic investments[70]. - The company has not provided specific future guidance or outlook in this report[186]. - The overall financial performance indicates a need for strategic reassessment to address the decline in comprehensive income and equity[189].

国浩律师（上海）事务所 关于浙江天振科技股份有限公司 2025 年第一次临时股东大会法律意见书 致：浙江天振科技股份有限公司 浙江天振科技股份有限公司（以下简称"公司"）2025 年第一次临时股东 大会于 2025 年 8 月 25 日召开。国浩律师（上海）事务所（以下简称"本所"） 经公司聘请，委派经办律师出席会议，并根据《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》）等 法律、法规及中国证券监督管理委员会（以下简称"中国证监会"）《上市公 司股东会规则》（以下简称《股东会规则》）和《浙江天振科技股份有限公司 章程》（以下简称《公司章程》），就本次股东大会的召集、召开程序、出席 大会人员资格、会议表决程序等事宜发表法律意见。 在审查有关文件的过程中，公司向本所律师保证并承诺，其向本所提供的 文件和所作的说明是真实的，有关副本材料或复印件与原件一致。 公司向本所律师保证并承诺，公司已将全部事实向本所披露，无任何隐瞒、 遗漏、虚假或误导之处。 本法律意见书仅用于为公司 2025 年第一次临时股东大会见证之目的。本所 律师同意公司将本法律意见书作为本次股东大会的法定 ...

证券代码：301356 证券简称：天振股份 公告编号：2025-040 浙江天振科技股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1、本次股东大会无新增、变更、否决提案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开情况 1、会议召开时间 现场会议时间：2025年8月25日14:30。 网络投票时间：2025年8月25日，其中：①通过深圳证券交易所系统进行网络投 票的具体时间：2025年8月25日9:15-9:25，9:30-11:30和13:00-15:00；②通过深圳证券 交易所互联网投票系统投票的具体时间：2025年8月25日9:15-15:00期间的任意时间。 2、现场会议召开地点：浙江省安吉经济开发区健康产业园（阳光大道398号） 3、召开方式：本次股东大会采用现场投票与网络投票表决相结合的方式召开 4、会议召集人：浙江天振科技股份有限公司董事会 5、主持人：董事长方庆华先生 6、本次会议的召集、召开程序符合《中华人民共和国公司法》《上市公司股东 会规则》 ...

Summary of Conference Call Records Industry Overview - The focus is on the furniture industry, particularly in the context of U.S. import tariffs and the impact of Federal Reserve interest rate expectations on market dynamics [1][4][5]. Key Points and Arguments 1. **Interest Rate Expectations**: - Market expectations for a Federal Reserve rate cut have significantly increased, with a 94% probability for a September cut and an expectation of 2.2 cuts within the year [1][2]. - By the end of 2026, the anticipated number of cuts has risen to 5.3 [2]. 2. **Impact of Tariff Investigations**: - The Trump administration announced a tariff investigation on imported furniture to boost domestic manufacturing, which initially caused stock price declines for U.S. furniture companies reliant on imports [4]. - Despite this, the expectation of interest rate cuts has mitigated some negative impacts, with some companies' stock prices recovering above pre-announcement levels [4]. 3. **Chinese Manufacturers' Competitive Edge**: - U.S. dependence on furniture imports remains high, particularly in labor-intensive segments, allowing Chinese manufacturers to maintain a competitive advantage due to cost-effectiveness [5]. - A potential surge in exports is expected in the next 50 days as companies rush to ship products before potential tariffs take effect [5]. 4. **Investment Opportunities**: - Companies with domestic production capabilities, such as Mengbaihe and Aili Home, are expected to benefit from potential tariff advantages [1][6]. - Firms with strong alpha characteristics and low valuations, like Jiangxin Home, are also recommended for investment [1][6]. 5. **Export Chain Recovery Logic**: - The recovery logic for the export chain includes product differentiation, valuation recovery due to reduced tariff risks, and new business opportunities [3][8]. - Export leaders are projected to achieve a PEG valuation of 1 to 1.5 times, indicating a potential upside of over 30% for some companies [3][9]. 6. **High Growth Companies**: - Companies like Jieja Co. and Nobon Co. have shown significant growth despite industry pressures, indicating a potential turning point in performance [10]. - Future growth is anticipated for companies such as Zhejiang Nature and Jieya Co. due to optimistic growth forecasts [11]. 7. **New Drivers for Valuation Improvement**: - New factors such as the development of proprietary brands and merger/acquisition expectations are expected to enhance company valuations [12]. - Companies in stable sectors, like pet products, are highlighted for their growth potential post-tariff pressures [12]. 8. **Main Lines of Recent Recovery**: - The recent recovery in the export sector is driven by reasonable PEG valuations, high growth opportunities following performance turning points, and new drivers from brand development and acquisitions [13]. Other Important Insights - The furniture industry is facing a critical period with potential tariff impacts, but the long-term competitive landscape for Chinese manufacturers remains strong due to their cost advantages and product development capabilities [5][7]. - The overall sentiment suggests that while short-term challenges exist, the long-term outlook for companies with strong fundamentals and innovative capabilities remains positive [13].

Group 1 - The company Tianzhen Co., Ltd. announced on the evening of August 8 that its second supervisory board's 19th meeting approved multiple proposals, including the proposal for amending and handling business registration changes [2]

Group 1 - The company Tianzhen Co., Ltd. announced on the evening of August 8 that its second board of directors held the 21st meeting, where multiple proposals were approved, including the proposal to amend and handle business registration changes [2]