Minami(SZ:301383) Zhong Guo Jing Ji Wang·2025-12-17 01:45Core Viewpoint - Tianjian Co., Ltd. reported a significant decline in revenue and net profit for the third quarter of 2025, indicating potential challenges in its financial performance and operational efficiency [1]. Financial Performance - The company achieved an operating revenue of 1.492 billion yuan, a year-on-year decrease of 11.05% [1]. - The net profit attributable to shareholders was -9.436 million yuan, reflecting a year-on-year decline of 105.63% [1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -24.9965 million yuan, down 119.92% year-on-year [1]. - The net cash flow from operating activities was -123 million yuan [1]. IPO Details - Tianjian Co., Ltd. was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on June 9, 2023, with an initial public offering of 29.06 million shares at a price of 46.16 yuan per share [1]. - The total amount raised from the IPO was 1.341 billion yuan, with a net amount of 1.220 billion yuan after deducting issuance costs [1]. - The net amount raised exceeded the original plan by 619.9959 million yuan [1]. Use of Proceeds - The funds raised are intended for the expansion of the Ganzhou Ouxiang acoustic product production project, the upgrade of the Tianjian acoustic R&D center, and to supplement working capital [1]. Issuance Costs - The total issuance costs for the IPO amounted to 121.4137 million yuan, with underwriting and sponsorship fees accounting for 103.7923 million yuan [2].