Core Viewpoint - Tianyuan Co., Ltd. (002386.SZ) announced that its Vietnamese subsidiary, Tianxiang, will cease operations on January 1, 2026, due to losses influenced by external factors such as increased tariffs from the U.S. and rapid expansion of flooring production capacity in Vietnam, along with rising labor costs and patent fees [1] Financial Impact - The total assets of Tianxiang at the end of 2024 will account for 0.57% of the company's most recent audited total assets [1] - The revenue from Tianxiang for the fiscal year 2024 will represent 0.22% of the company's consolidated revenue [1] - The net loss for Tianxiang in 2024 is projected to be -16.91 million yuan, which constitutes 3.68% of the absolute value of the company's net profit attributable to shareholders [1] Strategic Response - The company plans to initiate asset disposal following the shutdown of Tianxiang to mitigate the impact of the cessation of operations [1]
天原股份(002386.SZ):越南天祥将于2026年1月1日起停止生产和经营