天宜新材子公司天启颐阳、新毅阳临时停产

Core Viewpoint - Tianyi New Materials (688033.SH) announced that its wholly-owned subsidiaries, Jiangyou Tianqi Yiyang New Materials Technology Co., Ltd. and Jiangsu Xinyi Yang High-tech Materials Co., Ltd., have received notices for temporary production suspension due to weak demand in the photovoltaic industry [1] Group 1: Company Operations - The subsidiaries primarily engage in the research, production, and sales of quartz crucibles for the photovoltaic industry [1] - The production capacity of the company includes 28 quartz crucible production lines, corresponding to a capacity of 180,000 units, with an actual usable capacity of 110,000 units due to ongoing upgrades [1] - From January to November 2025, the production volume of quartz crucibles was 14,786 units, and the sales volume was 15,600 units, resulting in a capacity utilization rate of 14.66% [1] Group 2: Industry Impact - The photovoltaic industry is experiencing a cyclical downturn, leading to a significant impact on the business of Tianqi Yiyang and Xinyi Yang, with continuous losses reported [1] - The decision to suspend operations was made to prevent further losses and protect the interests of the company and its shareholders, as operating revenue is insufficient to cover costs [1]