Group 1 - Tianqin Equipment (SZ 300922) announced on November 14 that its 24th meeting of the fourth board of directors was held on November 13, 2025, to review the proposal regarding the share repurchase plan [1] - For the year 2024, the revenue composition of Tianqin Equipment shows that 99.96% comes from other manufacturing industries, while the digital printing industry accounts for only 0.04% [1] - As of the report date, the market capitalization of Tianqin Equipment is 3.7 billion yuan [1]

Group 1 - Tianqin Equipment (SZ 300922) announced a plan to repurchase shares through centralized bidding, intending to reduce up to approximately 1.54 million shares, which represents 0.97% of the company's total share capital [1] - The repurchase price will be determined based on the market price at the time of the reduction, with the reduction period starting fifteen trading days after the announcement and lasting for three months [1] - As of the report, Tianqin Equipment has a market capitalization of 3.7 billion yuan [1] Group 2 - For the year 2024, Tianqin Equipment's revenue composition shows that 99.96% comes from other manufacturing sectors, while the digital printing industry accounts for only 0.04% [1]

Group 1 - The board of Tianqin Equipment announced the resignation of Ms. Tong Qiujun, the director and deputy general manager, due to reaching the legal retirement age. Her term was originally set from July 14, 2023, to July 13, 2026, and she will no longer hold any position in the company after her resignation [1] - As of the end of the reporting period, Tianqin Equipment's market capitalization is 4.5 billion yuan [2] - For the year 2024, the revenue composition of Tianqin Equipment shows that 99.96% comes from other manufacturing industries, while the digital printing industry accounts for only 0.04% [1]

Group 1 - Tianqin Equipment (SZ 300922) announced that shareholder Zhang Peng plans to reduce his holdings by up to approximately 1.57 million shares, representing 1% of the total share capital after excluding shares in the company's repurchase account [1] - The company reported that for the year 2024, its revenue composition will be 99.96% from other manufacturing industries and 0.04% from the digital printing industry [1] - As of the report, Tianqin Equipment has a market capitalization of 4.4 billion yuan [1] Group 2 - The announcement comes amid a backdrop of challenges faced by the parent company of ANTA Sports, which has recently appointed a new president for the Greater China region [1]

Group 1 - The company Tianqin Equipment (SZ 300922) announced that its 21st meeting of the fourth board of directors will be held on August 11, 2025, combining in-person and telecommunication methods [2] - The meeting will review the proposal regarding the adjustment of the partnership agreement terms for the Danjiangkou City Jiuyou Equipment Investment Partnership (Limited Partnership) and related transactions [2] - For the year 2024, the company's revenue composition shows that other manufacturing industries account for 99.96%, while the digital printing industry accounts for 0.04% [2]

Core Viewpoint - Tianqin Equipment (300922.SZ) held board and supervisory meetings to discuss important proposals regarding the company's 2024 performance, dividend distribution, and 2025 financing plans, attracting investor attention [1] Financial Performance - In 2024, Tianqin Equipment achieved operating revenue of 231 million yuan, a year-on-year increase of 49.14%, and a net profit attributable to shareholders of 41.68 million yuan, up 29.49% [2][3] - The company reported a net cash flow from operating activities of 75.73 million yuan, a decrease of 25.28% compared to the previous year [3] - Basic and diluted earnings per share were both 0.27 yuan, reflecting a 28.57% increase from the previous year [3] Revenue Composition - The main source of revenue for Tianqin Equipment comes from the sale of specialized protective devices and equipment components, with specialized protective devices accounting for 89.36% of total revenue [4][6] - In 2024, revenue from specialized protective devices increased by 36.74%, while revenue from equipment components surged by 742.57% [6] Dividend Distribution - The board proposed a cash dividend of 1.80 yuan per 10 shares, totaling approximately 27.95 million yuan, which represents 67.05% of the net profit for 2024 [7][9] - The company has maintained a tradition of cash dividends, with cumulative cash dividends of 66.92 million yuan over the past three years, exceeding 30% of the average net profit for the last three years [7][9] Financing Plans - Tianqin Equipment plans to raise up to 3.5 billion yuan through a combination of a private placement of shares and a bank credit application [10][12] - The private placement will involve issuing shares to no more than 35 specific investors, with a total financing amount not exceeding 300 million yuan [10] - The company also intends to apply for a low-risk credit limit of up to 50 million yuan from China Minsheng Bank for operational needs [10][11] Upcoming Shareholder Meeting - A shareholder meeting is scheduled for May 8, 2025, to review the 2024 annual report and other related proposals [13] - Tianqin Equipment, founded in 1996, specializes in the research, production, and sales of specialized protective devices and equipment components [13]