THD(SZ:300397) Zheng Quan Shi Bao Wang·2025-09-01 09:34Summary of Key Points Core Viewpoint - Tianhe Defense has experienced a decline in the number of shareholders and financial performance, indicating potential challenges in investor confidence and operational efficiency [2]. Shareholder Information - As of August 31, the number of shareholders for Tianhe Defense was 60,368, a decrease of 3,309 from the previous period (August 20), representing a decline of 5.20%. This marks the second consecutive period of decline in shareholder numbers [2]. Stock Performance - The closing price of Tianhe Defense on the reporting date was 14.46 yuan, reflecting an increase of 0.84%. However, since the concentration of shares began, the stock price has cumulatively decreased by 4.11%, with 4 days of price increases and 4 days of decreases during this period [2]. Financing Data - As of August 29, the margin trading balance for Tianhe Defense was 523 million yuan, with the financing balance also at 523 million yuan. During the current concentration period, the financing balance increased by 16.4761 million yuan, which is a growth of 3.26% [2]. Financial Performance - According to the semi-annual report, Tianhe Defense achieved operating revenue of 176 million yuan in the first half of the year, a year-on-year decrease of 14.72%. The net profit was -57.7808 million yuan, representing a year-on-year decline of 109.06%. The basic earnings per share were -0.1100 yuan [2].