10月1日，北京天宜上佳高新材料股份有限公司（证券代码：688033，简称"天宜新材"）公告，披露公 司银行账户被冻结及涉及诉讼的最新进展情况。 10月1日，北京天宜上佳高新材料股份有限公司（证券代码：688033，简称"天宜新材"）公告，披露公 司银行账户被冻结及涉及诉讼的最新进展情况。 资料显示，天宜新材成立于2009年，2019年7月正式在科创板上市，是国内高铁动车组用粉末冶金闸片 的领军企业。 2021年，天宜新材正式进入光伏热场碳碳复合材料领域，凭借设备单产效率高、单吨电耗小、制造成本 低等优势，迅速成为碳碳光伏辅材领域的头部企业；2022年，天宜新材完成对新毅阳收购，又进入了光 伏坩埚领域。 目前，天宜新材光伏新能源业务板块以天力新陶、天启光峰、新毅阳以及天启颐阳为主体开展相关业 务，主要从事光伏热场、锂电负极用碳碳复合材料制品及石英坩埚的研发、生产和销售。 公告显示，截至公告披露日，天宜新材共涉及尚未结案被诉案件 22 起，涉诉金额合计约为 2.26 亿元 （不含延迟支付的利息、违约金、诉讼费等）。公司目前面临较多金融机构、供应商对公司及子公司欠 款提起的法律诉讼事项，部分账户被查封冻结。若后续 ...

Core Viewpoint - Tianyi New Materials (688033.SH) is facing significant debt pressure and is attempting to improve liquidity through asset disposals, including the sale of machinery and real estate related to its automotive brake pad project for a total of 51.4 million yuan, which represents a 43.77% discount to the asset's book value [1][2][3] Group 1: Financial Performance - In 2024, Tianyi New Materials reported a net loss of 1.495 billion yuan, and for the first half of 2025, the company expects a net loss between 190 million to 240 million yuan [1][6] - The company's revenue from its photovoltaic business has significantly declined, with revenues of 5.85 billion yuan, 1.749 billion yuan, and 356 million yuan from 2022 to 2024, and a gross margin that fell from 51.87% to -85.41% [5] - For the first three months of 2025, Tianyi New Materials reported revenues of 571.17 million yuan and a net loss of 301.11 million yuan [3] Group 2: Asset Disposal - Tianyi New Materials plans to sell its wholly-owned subsidiary Tianyi Shangjia's assets, including machinery and real estate, to improve cash flow and alleviate debt pressure [1][2] - The asset sale includes two transactions: one for machinery at 17.5 million yuan and another for land use rights and buildings at 33.9 million yuan, totaling 51.4 million yuan [2][3] - The book value of the assets being sold is 91.4166 million yuan, indicating a significant discount to facilitate the sale [3] Group 3: Debt and Cash Flow Issues - As of July 31, 2025, Tianyi New Materials had 87.5792 million yuan in frozen bank accounts, representing 39.35% of its cash holdings as of the first quarter of 2025 [1][7] - The company acknowledges that cash flow issues are a primary concern, with significant debt repayment pressure and a large funding gap [1][6]