报告期内，受行业供需失衡及公司流动性影响，公司光伏业务持续未见回暖，碳碳业务出货量下滑，石 英坩埚产品价格大幅下降，石英坩埚业务子公司临时停工，轨道交通业务出货量下降，导致公司报告期 内业绩较去年同期进一步下滑。同时，公司根据《企业会计准则第8号—资产减值》以及公司会计政策 的相关制度，基于谨慎性原则，公司对存货、非流动资产(固定资产、商誉等)进行了减值测试，并计提 相应的资产减值准备，对本报告期业绩造成巨大影响，具体计提减值准备数据最终以公司经审计的2025 年年度报告中披露的数据为准。 此外，由于公司流动性较差，偿债能力有限，资金短缺已成为公司现阶段主要矛盾。公司目前正处于预 重整阶段，公司将依法配合法院及临时管理人开展相关预重整工作，并依法履行债务人的法定义务，继 续积极做好日常经营管理工作，切实维护全体股东的利益。 格隆汇2月27日丨天宜新材（维权）(688033.SH)公布2025年度业绩快报，报告期内，公司2025年度实现 营业收入6.83亿元，同比下降10.48%；实现归属于母公司所有者的净利润-22.06亿元，同比下降 47.54%；实现归属于母公司所有者的扣除非经常性损益的净利润-20.28 ...

Group 1 - The company Tianyi New Materials expects a net loss attributable to shareholders of between -2.5 billion to -1.9 billion yuan for the year 2025, representing a decrease of approximately 4.05 billion to 10.05 billion yuan compared to the previous year, which is a year-on-year decline of 27.06% to 67.19% [1] - In the previous year, the company reported an operating income of approximately 763 million yuan, with a total loss of about 1.677 billion yuan, and a net loss attributable to shareholders of approximately 1.495 billion yuan [1] - The decline in performance is primarily due to an imbalance in industry supply and demand, liquidity issues, a continuous downturn in the photovoltaic business, a decrease in carbon-carbon business shipments, a significant drop in quartz crucible product prices, temporary shutdowns of quartz crucible subsidiaries, and a decline in rail transit business shipments [1] Group 2 - The company has made provisions for inventory impairment and conducted impairment tests on fixed assets and other non-current assets based on prudence principles, which significantly impacted the performance for the reporting period [1] - The specific data for the impairment provisions will be disclosed in the company's audited annual report for 2025 [1]

Core Viewpoint - Tianyi New Materials (688033.SH) is expected to report a significant decline in net profit for the fiscal year 2025, with projections indicating a loss between 2.5 billion to 1.9 billion yuan, representing a year-on-year decrease of 27.06% to 67.19% [1][2] Group 1: Financial Projections - The projected net profit attributable to shareholders for 2025 is expected to be between -2.5 billion to -1.9 billion yuan, a decrease of 4.05 billion to 10.05 billion yuan compared to the previous year [1] - The expected net profit after deducting non-recurring gains and losses for 2025 is projected to be between -2.322 billion to -1.722 billion yuan, reflecting a decline of 1.28 billion to 7.28 billion yuan year-on-year [1] Group 2: Reasons for Performance Decline - The company's performance is adversely affected by an imbalance in industry supply and demand, liquidity issues, and a decline in the shipment volume of its photovoltaic and carbon-carbon businesses [2] - Significant price drops in quartz crucible products and temporary shutdowns of subsidiaries related to quartz crucibles have further contributed to the decline in performance [2] - The company has made provisions for inventory impairment and conducted impairment tests on fixed assets, which have had a substantial negative impact on the current reporting period's performance [2] - The company is currently in a pre-restructuring phase and is cooperating with the court and management to undertake relevant restructuring work while fulfilling its legal obligations as a debtor [2]