天振股份上市首日开盘价和当日最高价均为63.00元，为该股上市以来最高价。该股目前处于破发状 态。 中国经济网北京9月29日讯天振股份（301356）(301356.SZ)今日收报24.66元，跌幅5.48%。 天振股份2025年半年度报告显示，2025年上半年，公司实现营业收入7.96亿元，同比增长153.97%；归 属于上市公司股东的净利润4948.64万元，同比增长250.49%；归属于上市公司股东的扣除非经常性损益 的净利润4417.78万元，同比增长210.52%；经营活动产生的现金流量净额为6395.76万元。 天振股份2024年年度报告显示，2024年，公司实现营业收入8.92亿元，同比增长186.07%；归属于上市 公司股东的净利润-3724.64万元，上年同期为-2.67亿元；归属于上市公司股东的扣除非经常性损益的净 利润-5449.55万元，上年同期为-3.06亿元；经营活动产生的现金流量净额-9818.10万元，上年同期 为-1.31亿元。 天振股份于2022年11月14日在深交所创业板上市，公开发行股票数量为3,000.00万股(占发行后总股本的 25.00%)，发行价格为63.00元 ...

Core Viewpoint - The company, Zhejiang Tianzhen Technology Co., Ltd., is undergoing significant changes in its fundraising projects and operational strategies due to external trade pressures and internal performance challenges [1][3][8]. Summary by Relevant Sections Company Operations and Fundraising Projects - The company has extended the construction period of its fundraising project in the U.S. to June 30, 2027, changing the project from an annual production capacity of 3 million square meters to 2 million square meters of new inorganic composite flooring [1][2][4]. - The U.S. project is now managed by a new entity, Boson New Materials Company, located in Georgia, with construction expected to start in December 2024 and production to begin in July 2025 [1][2][4]. Performance and Challenges - The company has faced significant challenges due to U.S. customs imposing strict import restrictions, which have severely impacted export orders and overall business performance [2][3][8]. - As of 2024, the company is projected to incur losses, prompting it to enhance research and development efforts and explore new product lines to stabilize its operations [3][8]. Compliance and Regulatory Actions - The company has been reminded to continuously monitor factors leading to performance fluctuations and to fulfill its information disclosure obligations [2][3][10]. - Due to the improper use of idle fundraising capital, the company and its executives received warnings from regulatory bodies, necessitating a comprehensive review and improvement of internal controls related to fundraising management [9][10].

Core Viewpoint - Tianzhen Co., Ltd. reported significant growth in revenue for 2024, achieving 8.92 billion yuan, a year-on-year increase of 186.07%, despite continuing net losses [1][2]. Financial Performance Summary - **2024 Annual Report**: - Revenue: 8.92 billion yuan, up 186.07% from 3.12 billion yuan in 2023 [1][2] - Net Profit attributable to shareholders: -37.25 million yuan, improved from -266.90 million yuan in the previous year, a reduction of 86.04% in losses [1][2] - Net Profit excluding non-recurring items: -54.50 million yuan, improved from -306.16 million yuan, an 82.20% reduction in losses [1][2] - Net cash flow from operating activities: -98.18 million yuan, improved from -130.92 million yuan, a 25.01% reduction in losses [1][2] - **Q1 2025 Report**: - Revenue: 4.12 billion yuan, up 168.73% from 153.40 million yuan in Q1 2024 [3] - Net Profit attributable to shareholders: 27.47 million yuan, a turnaround from -9.98 million yuan in the same period last year, a 375.16% increase [3] - Net Profit excluding non-recurring items: 25.71 million yuan, improved from -18.85 million yuan, a 236.41% increase [3] - Net cash flow from operating activities: -2.48 million yuan, improved from -61.06 million yuan, a 95.93% reduction in losses [3] IPO and Fundraising - Tianzhen Co., Ltd. was listed on the Shenzhen Stock Exchange on November 14, 2022, with an initial public offering of 30 million shares at a price of 63.00 yuan per share [4]. - The total funds raised amounted to 1.89 billion yuan, with a net amount of approximately 1.78 billion yuan after deducting issuance costs [4]. - The company planned to use the funds for the construction of new production lines and to supplement working capital [4]. Dividend Distribution - In 2022, the company announced a dividend distribution plan, proposing a cash dividend of 12.50 yuan per 10 shares and a capital reserve conversion of 8 shares for every 10 shares held, increasing the total share capital [5].