Teeyer Intelligent(SH:603273) Zhong Guo Jing Ying Bao·2026-01-19 12:20Core Viewpoint - Tianyuan Intelligent Equipment Co., Ltd. is facing scrutiny due to the detention and investigation of its actual controller, Wu Yizhong, while also experiencing significant performance pressure with declining revenues and profits [2][5]. Group 1: Company Overview - Tianyuan Intelligent, established in 1989 and listed on the Shanghai Stock Exchange in October 2023, specializes in the manufacturing of autoclaved aerated concrete equipment and provides complete production solutions for green building materials [3][4]. - Wu Yizhong, born in August 1963, has held various leadership roles within the company since its inception, including chairman and general manager [3]. Group 2: Investigation and Management Response - On January 18, 2026, the company announced that Wu Yizhong was detained and under investigation, but emphasized that the company's operations remain normal and that no assistance for the investigation has been requested [2][5]. - The company stated that other board members and senior management are fulfilling their duties, and the board's operations are unaffected [5]. Group 3: Financial Performance - Tianyuan Intelligent has experienced a decline in revenue and net profit over the past few years, with revenues of 986 million yuan, 823 million yuan, and 644 million yuan from 2022 to 2024, reflecting year-on-year decreases of -11.49%, -16.53%, and -21.67% respectively [5][6]. - For the first three quarters of 2025, the company reported revenues of 374 million yuan, down 15.96% year-on-year, and a net profit of 19.52 million yuan, down 25.26% [6]. Group 4: Market Environment and Strategic Initiatives - The company attributes its declining performance to market conditions and the real estate sector's impact on demand for its main products [6]. - In response to these challenges, Tianyuan Intelligent is increasing its investment in new product development and expanding its overseas business, including establishing a wholly-owned subsidiary in the UAE and a joint venture in Germany [6][7].