Group 1: Financial Performance and Challenges - The company's net profit significantly declined in the first half of 2025 due to the ongoing impact of U.S. tariff policies, which began in April 2025, leading to order adjustments and revenue losses [2] - The shift of production to Malaysia to ensure order fulfillment resulted in increased short-term expenses and production efficiency losses, directly affecting gross profit [2] - The company is facing continued pressure on performance in the short term due to increased R&D investments and unfavorable exchange rate fluctuations [3] Group 2: Production Capacity and Expansion - The production area in Malaysia has expanded threefold, with maximum capacity increasing nearly tenfold, laying a solid foundation for future operations [3] - A second overseas production base is being established in Thailand, expected to be operational by Q3 2026, with a planned capacity of approximately 1 billion RMB [4] Group 3: R&D and Innovation - The company has successfully introduced multiple well-known brand clients in 2025, covering various product ranges including optoelectronic products, gaming products, smart speakers, and hearing aid accessories [3] - As of now, the company holds 685 authorized patents, including 59 invention patents, with an additional 120 invention patents pending authorization [3] - The company is focusing on new technologies and products such as LE Audio, optical glasses, AI voiceprint recognition, and multimodal environmental recognition [3] Group 4: Strategic Direction and Core Advantages - The company is restructuring its subsidiaries and divisions into three business groups (BG) to enhance operational efficiency and innovation [4] - BG1 focuses on maintaining and deepening cooperation with major clients [4] - BG2 is responsible for acquiring new clients and innovating in the speaker product line [4] - BG3 aims to develop new wearable products integrating sound, light, electricity, and health technology [4] - Core advantages include 30 years of technical accumulation in the electroacoustic field, long-term service experience with international brand clients, and a differentiated global production base layout [4]

Group 1 - The company Tianjian Co., Ltd. announced that its 2025 semi-annual performance briefing is scheduled for September 3, 2025 [2]

Group 1 - The company, Tianjian Acoustics Co., Ltd., will hold a half-year performance briefing on September 3, 2025, from 15:30 to 16:30 [1][2] - The briefing aims to provide investors with a comprehensive understanding of the company's operational performance and development strategy [1] - Investors can participate in the briefing through the website or by scanning a QR code, and they can submit questions in advance [2] Group 2 - The briefing will be conducted in an interactive online format on the "Value Online" platform [1][2] - Key personnel attending the meeting include the board members and the company secretary [1] - After the briefing, investors can access the main content and details of the meeting through the same online platform or the Yidong app [2]

证券代码：301383 证券简称：天键股份 公告编号：2025-063 天键电声股份有限公司 关于举办 2025 年半年度业绩说明会的公告 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。 重要内容提示： 天键电声股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 日在巨潮 资讯网上披露了《2025 年半年度报告》及其摘要。为便于广大投资者更加全面 深入地了解公司经营业绩、发展战略等情况，公司定于 2025 年 09 月 03 日（星 期三）15:30-16:30 在"价值在线"（www.ir-online.cn）举办天键电声股份有 限公司 2025 年半年度业绩说明会，与投资者进行沟通和交流，广泛听取投资者 的意见和建议。 一、说明会召开的时间、地点和方式 会议召开时间：2025 年 09 月 03 日（星期三）15:30-16:30 会议召开地点：价值在线（www.ir-online.cn） 联系人：公司董秘办 电话：0797-638-1999 邮箱：IR@minamiacoustics.com 五、其他事项 三、投资者参加方式 四、联系人及咨 ...

Core Viewpoint - Tianjian Co., Ltd. reported disappointing financial results for the first half of 2025, with significant declines in revenue and net profit compared to the previous year [1][4]. Financial Performance - The total revenue for the first half of 2025 was 895 million yuan, a decrease of 6.32% year-on-year [1]. - The net profit attributable to shareholders was 5.25 million yuan, down 94.47% year-on-year [1]. - In Q2 2025, total revenue was 459 million yuan, a decline of 15.15% year-on-year, with net profit of 1.77 million yuan, down 96.75% year-on-year [1]. Profitability Metrics - Gross margin was 13.6%, a decrease of 24.97% year-on-year [1]. - Net margin was 0.59%, down 94.14% year-on-year [1]. - Total selling, administrative, and financial expenses amounted to 47.53 million yuan, representing 5.31% of revenue, an increase of 65.37% year-on-year [1]. Balance Sheet Highlights - Cash and cash equivalents increased by 23.41% to 753 million yuan [1]. - Accounts receivable stood at 396 million yuan, down 18.44% year-on-year [1]. - Interest-bearing liabilities rose by 153.17% to 4.44 million yuan [1]. Shareholder Metrics - Earnings per share (EPS) dropped to 0.03 yuan, a decrease of 94.83% year-on-year [1]. - The net asset value per share increased by 4.26% to 12.37 yuan [1]. - Operating cash flow per share was 0.27 yuan, down 77.73% year-on-year [1]. Business Evaluation - The company's return on invested capital (ROIC) for the previous year was 10.29%, indicating average capital returns [3]. - Historical data shows a median ROIC of 12.17% since the company went public, with the worst year being 2019 at 5.98% [3]. Debt and Cash Flow Analysis - The company has a healthy cash position, but attention is needed on accounts receivable, which is 187.12% of net profit [4]. - Analysts expect the company's performance in 2025 to yield a net profit of approximately 82 million yuan, with an average EPS forecast of 0.5 yuan [4].

Group 1 - Tianjian Co., Ltd. experienced a 5.04% decline in stock price, reaching 39.72 CNY per share, with a trading volume of 224 million CNY and a turnover rate of 7.86%, resulting in a total market capitalization of 6.485 billion CNY [1] - The company, established on April 1, 2015, and listed on June 9, 2023, is located in Yudu County, Ganzhou City, Jiangxi Province, and specializes in the research, manufacturing, and sales of micro-acoustic components, consumer, industrial, automotive acoustic products, and health acoustic products [1] - The main business revenue composition is 98.95% from electronic components and 1.05% from other supplementary sources [1] Group 2 - Minsheng Jianyin Fund's Minsheng Jianyin Sustained Growth Mixed A (007731) entered the top ten circulating shareholders of Tianjian Co., Ltd. in the second quarter, holding 1.3 million shares, which accounts for 1.84% of the circulating shares, with an estimated floating loss of approximately 2.743 million CNY [2] - The fund was established on September 24, 2019, with a latest scale of 1.111 billion CNY, achieving a year-to-date return of 32.03%, ranking 1967 out of 8189 in its category, and a one-year return of 62.03%, ranking 1697 out of 7969 [2] Group 3 - The fund manager of Minsheng Jianyin Sustained Growth Mixed A is Zhu Chenzhe, who has been in the position for 3 years and 259 days, managing a total fund size of 1.483 billion CNY, with the best fund return during his tenure being 14.06% and the worst being 0.09% [3]

Group 1 - The company has not distributed cash dividends, issued bonus shares, or increased capital from reserves during the reporting period [2] - There has been no change in the controlling shareholder or actual controller during the reporting period [3] - The company does not have any preferred shareholders or related information during the reporting period [3] Group 2 - All directors attended the board meeting that reviewed this report [1] - The report is a summary derived from the full semi-annual report, and investors are encouraged to read the full report for comprehensive understanding [1] - There are no significant matters reported during the period [3]

Group 1 - The company Tianjian Co., Ltd. announced on the evening of August 28 that its second board of directors held the 24th meeting and approved the proposal regarding the summary [2]

证券日报网讯 8月28日晚间，天键股份发布公告称，公司第二届监事会第二十一次会议审议通过了《关 于及其摘要的议案》。 （文章来源：证券日报） ...

Core Points - Tianjian Acoustic Co., Ltd. announced the need to pay back taxes and late fees totaling 8.1926 million yuan, which includes 6.4982 million yuan in taxes and 1.6944 million yuan in late fees [1] - As of the announcement date, the company has fully paid the tax and late fees, and this repayment does not involve any administrative penalties [1] - According to the Accounting Standards for Enterprises No. 28, the repayment does not constitute a prior accounting error and will not require retrospective adjustments to previous financial data [1] - The repaid taxes and late fees will be included in the profit and loss for the year 2025, with the specific impact on the net profit attributable to shareholders of the listed company to be determined by the auditing firm [1] - The company has reminded investors to be aware of investment risks [1]