Core Viewpoint - The Ministry of Water Resources has released a new version of the water-saving industry preferential policy guide, which may have a long-term impact on companies like Tianye Water Saving. The company's mid-2025 performance shows a significant decline in revenue and a net loss of 15.62 million yuan [1][2][3]. Industry Policy and Environment - On February 2, 2026, the Ministry of Water Resources published the "Water-Saving Industry Preferential Policy Guide (2025 Edition)," which systematically outlines 189 preferential policies at the national and local levels, covering financial support, tax incentives, and other categories aimed at promoting high-quality development in the water-saving industry. This policy may have a long-term impact on agricultural water-saving companies like Tianye Water Saving, but the actual implementation effects need to be observed [2]. Operating Conditions - Tianye Water Saving's mid-2025 performance shows total revenue of approximately 320 million yuan, a year-on-year decline of 68.55%, and a net loss of 15.62 million yuan, marking a shift from profit to loss. The company is experiencing low liquidity, and its stock price has shown significant volatility, with a single-day drop of 13.64% to 0.190 HKD on January 6, 2026, with a trading volume of only 16,000 shares. As of the latest data, no institutional ratings have been issued for this stock [3][4]. Recent Stock Performance - Recent stock price fluctuations have been amplified by weak performance and insufficient liquidity, with technical indicators showing a neutral to weak bias. In the industry context, the industrial equipment sector has shown overall minor fluctuations, but there is significant differentiation among individual stocks. Attention should be paid to the company's future financial reports (such as the full-year performance announcement for 2025) and whether policy dividends will drive business improvement [4].
天业节水业绩下滑股价波动，节水产业政策或带来长期影响