天有为表示，此举旨在进一步开拓乘用车市场，更好地满足整车主机厂客户的供货需求，提升产品的市 场占有率，增强公司核心竞争力。本次对外投资，将充分发挥子公司股东双方优势，共同开拓新客户， 提升公司新的市场发展空间，增强综合竞争力，对公司未来发展具有积极意义。 公开资料显示，三锋集团是一家专注结构性长期价值投资及产业升级服务的公司，长期关注工业新材料 研发与应用、人工智能技术、供应链数字化与信息化以及现代汽车生活等专业性投资领域，致力于传统 产业赋能升级、新兴产业链以及汽车生态圈建设。 上证报中国证券网讯 天有为9月20日发布公告称，公司拟与福建三锋投资集团有限公司(简称"三锋集 团")共同投资设立控股子公司福建天有为电子科技有限公司。该子公司注册资本1000万元，其中，天有 为出资700万元，三锋集团出资300万元，业务主要包括汽车零部件及配件研发、制造、销售等，电子元 器件与机电组件设备销售，仪器仪表制造等。本次设立控股子公司，将导致公司合并报表范围发生变 更，福建天有为电子科技有限公司将被纳入公司合并报表范围内。 值得关注的是，天有为在巩固国内既有市场份额的同时，也在努力提升全球市场份额，积极拓展国际业 务， ...

Group 1 - The company Tianyouwei announced a joint investment with Fujian Sanfeng Investment Group to establish a subsidiary, Fujian Tianyouwei Electronic Technology Co., Ltd, with a registered capital of 10 million yuan, where Tianyouwei will contribute 7 million yuan and Sanfeng Group will contribute 3 million yuan [1] - The purpose of this investment is to expand the passenger vehicle market customer base, better meet the supply needs of vehicle manufacturers, increase market share, and enhance the company's core competitiveness [1][2] - Tianyouwei primarily engages in the research, design, production, sales, and service of automotive instruments, and is gradually expanding into the smart cockpit field, with products including electronic combination instruments and full LCD combination instruments [1] Group 2 - The establishment of the subsidiary will allow both shareholders to leverage their advantages to jointly develop new customers and enhance the company's competitive strength, which is expected to have a positive impact on future development [2] - The new subsidiary will be included in the company's consolidated financial statements, leading to a change in the scope of the company's consolidated reporting [2]

2024年1至12月份，天有为的营业收入构成为：全液晶组合仪表占比45.83%，双联屏仪表占比36.78%， 其他占比7.18%，电子式组合仪表占比5.28%，车载信息娱乐系统占比4.21%。 截至发稿，天有为市值为162亿元。 每经头条（nbdtoutiao）——5万亿ETF的370名基金经理薪酬大揭秘！他们的日常工作，就是跟着指数 买股票吗？ （记者 曾健辉） 每经AI快讯，天有为（SH 603202，收盘价：101.2元）9月19日晚间发布公告称，公司第二届第五次董 事会会议于2025年9月19日在黑龙江省绥化市经济技术开发区昆山路9号公司会议室以现场方式召开。会 议审议了《关于修订 <董事会审计委员会年报工作制度> 的议案》等文件。 ...

Group 1 - The stock of Tianyouwei decreased by 0.82% on August 28, with a trading volume of 418 million yuan [1] - On the same day, Tianyouwei had a financing buy-in amount of 49.59 million yuan and a financing repayment of 63.63 million yuan, resulting in a net financing outflow of 14.04 million yuan [1] - As of August 28, the total balance of margin trading for Tianyouwei was 256 million yuan, accounting for 7.68% of its circulating market value [1] Group 2 - As of July 31, the number of shareholders of Tianyouwei was 27,400, a decrease of 18.23% compared to the previous period [2] - For the first half of 2025, Tianyouwei reported a revenue of 2.029 billion yuan, a year-on-year decrease of 0.49%, and a net profit attributable to shareholders of 526 million yuan, down 4.50% year-on-year [2] Group 3 - Since its A-share listing, Tianyouwei has distributed a total of 398 million yuan in dividends [3] - As of June 30, 2025, among the top ten circulating shareholders of Tianyouwei, the third-largest shareholder is the Jiaoyin Alpha Core Mixed A fund, holding 178,300 shares as a new shareholder [3]

Core Viewpoint - The company reported a slight decline in revenue and net profit for the first half of 2025, while continuing to invest heavily in R&D to maintain its competitive edge in the automotive instrument sector and expand into the smart cockpit market [1][2][3][4] Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of 2.029 billion yuan, a year-on-year decrease of 0.49% [1] - The net profit attributable to shareholders was 526 million yuan, down 4.5% year-on-year [1] - R&D expenses reached 109 million yuan, reflecting a significant increase of 50.29% compared to the previous year [1] Group 2: Product Development and Market Strategy - The company is focusing on the smart cockpit product market, which has significant growth potential due to the increasing demand for automotive intelligence [2] - The company is optimizing its product structure and expanding its customer base, maintaining close communication with major automotive clients such as Hyundai, BYD, and Changan [2] - The customer base has been further enhanced, with multiple project allocations from both domestic and international automotive manufacturers [2] Group 3: International Expansion - The company plans to enhance its global market share and international business through the establishment of subsidiaries and production bases in Mexico and South Korea [3] - A new factory in Mexico has commenced operations, targeting North American clients, with future plans to expand into the European market [3] - The company intends to invest 65 million euros to establish a wholly-owned subsidiary in Morocco, which will serve as a key overseas production base to leverage local customer resources and enhance international collaboration [4]

Group 1 - The core viewpoint of the news highlights the financial performance and market activity of Tianyouwei, including its stock performance and financing activities [1][2] - As of August 22, Tianyouwei's stock price increased by 0.12%, with a trading volume of 156 million yuan, and a net financing purchase of 1.61 million yuan [1] - The total financing and margin trading balance for Tianyouwei reached 251 million yuan, accounting for 7.44% of its market capitalization [1] Group 2 - As of July 31, the number of shareholders for Tianyouwei decreased by 18.23% to 27,400, while the average circulating shares per person increased by 22.30% to 1,185 shares [2] - For the first quarter of 2025, Tianyouwei reported a revenue of 1.043 billion yuan, representing a year-on-year growth of 11.43%, and a net profit attributable to shareholders of 240 million yuan, up 4.20% year-on-year [2] - Since its A-share listing, Tianyouwei has distributed a total of 398 million yuan in dividends [2]

Core Viewpoint - The company, Tianyouwei, announced a substantial cash dividend plan for 2024, reflecting its commitment to shareholder returns while demonstrating resilience in performance growth [1][2]. Group 1: Dividend Distribution - Tianyouwei plans to distribute a cash dividend of 24.9 yuan (including tax) for every 10 shares, totaling 398.4 million yuan (including tax), which represents 35.06% of the company's net profit attributable to shareholders for 2024 [1]. - This high dividend payout underscores the company's dedication to rewarding its shareholders [1]. Group 2: Company Performance - In Q1 2025, Tianyouwei reported a revenue of 1.043 billion yuan, marking an 11.43% year-on-year increase, and a net profit attributable to shareholders of 240 million yuan, up 4.20% year-on-year [2]. - The company has maintained double-digit revenue growth while significantly increasing its investment in technological innovation, with R&D expenses reaching 48.47 million yuan, a 44.82% increase year-on-year [2]. Group 3: Technological Innovation - Tianyouwei has a dedicated R&D team of over 1,200 employees, accounting for approximately 25% of its total workforce, and has established multiple R&D institutions and an EMC laboratory [2]. - The company holds 134 domestic patents, including 52 invention patents, and has developed technologies that fill gaps in the domestic automotive industry, such as vehicle LCD screens and smart cockpit displays [2]. Group 4: Market Position - As of 2024, Tianyouwei holds a 12.07% market share in the domestic market and a 5.31% share globally, establishing strong partnerships with major automotive manufacturers [1][2]. - The company has built a robust customer network with well-known automotive manufacturers and component suppliers, ensuring long-term stable cooperation [1].

Core Viewpoint - The recent trend of newly listed stocks shows a pattern where they peak on the first day of trading and then experience a continuous decline, leading to significant losses for investors [1][8]. Company Overview - Tianyouwei, which specializes in the research, design, production, sales, and service of automotive instruments, is expanding into the smart cockpit sector. Its main products include electronic combination instruments, full LCD combination instruments, dual-screen instruments, in-car infotainment systems, air conditioning controllers, wireless chargers, and automotive electronic development services [5]. IPO Details - Tianyouwei was listed on April 24 with an initial offering price of 93.5 yuan. The underwriting institution, CITIC Jianzhong, aimed to raise approximately 3 billion yuan but ended up raising 3.74 billion yuan, exceeding the target by 736 million yuan. The total number of shares issued was 40 million, and CITIC Jianzhong earned around 175 million yuan in underwriting fees [7][8]. Stock Performance - On its first trading day, Tianyouwei opened high, reaching a peak of 140 yuan, and closed at 116 yuan, marking a 24% increase. However, the stock price declined for four consecutive days, dropping to 99 yuan, nearing the point of breaking its initial offering price [8][11]. - Similar trends were observed in other newly listed companies, such as Jiangshun Technology, which saw its stock price fall from 84 yuan to 55 yuan within five days, and Honggong Technology, which experienced a decline from 83 yuan to 51 yuan over ten days [11][14]. Market Sentiment - The current sentiment towards new stocks is cautious, with many investors wary of the potential for significant losses after the initial trading day. The analogy of a bride who looks beautiful on her wedding day but changes the next day reflects the unpredictability and volatility of newly listed stocks [17].

Core Viewpoint - Tianyouwei (603202) reported a revenue of 1.043 billion yuan for Q1 2025, marking an 11.43% year-on-year increase, and a net profit attributable to shareholders of 240 million yuan, up 4.20% year-on-year [1] Group 1: Financial Performance - The company's revenue for Q1 2025 was 1.043 billion yuan, reflecting an 11.43% increase compared to the previous year [1] - The net profit attributable to shareholders reached 240 million yuan, showing a year-on-year growth of 4.20% [1] - The basic earnings per share were reported at 2.00 yuan [1] Group 2: Company Overview - Tianyouwei is a high-tech enterprise focused on the automotive instrument sector, established in 2003, and has expanded into the smart cockpit field [1] - The company offers a range of core products including electronic combination instruments, full LCD combination instruments, and dual-screen instruments, along with various automotive electronic products and services [1] - As of 2024, Tianyouwei held a 12.07% market share in China and a 5.31% share globally [1] Group 3: Innovation and R&D - The company emphasizes continuous innovation, with R&D expenses in Q1 2025 amounting to 48.47 million yuan, a 44.82% increase from 33.47 million yuan in the same period last year [2] - The R&D team consists of over 1,200 members, accounting for approximately 25% of the total workforce [2] - Tianyouwei has established three R&D institutions in Suihua, Harbin, and Dalian, and has built an EMC professional laboratory, creating an integrated development system [2] - As of the end of 2024, the company held 134 domestic patents, including 52 invention patents, with technologies that fill gaps in China's automotive industry [2]

涉及总金额5 0 7 . 5 4亿元人民币。 基金备案规模区间分布 作者 | 私募通 来源 | 决策投资圈 （ID：PEDATAMAX） 清科创业（0 1 9 4 5 .HK）旗下私募通统计：截至本周五下午，募资、投资、上市和并购共 1 8 9 起 事 件 ， 涉 及 总 金 额 5 0 7 .5 4 亿 人 民 币 。 从 交 易 金 额 来 看 ， 本 周 金 额 较 大 事 件 是 ： 2 0 25年4月2 1日，上海基础设施建设发展（集团）有限公司、中国银河资产管理有限责 任公司、中国东方资产管理股份有限公司、上海浦东创新投资发展（集团）有限公司、 上海外高桥资产管理有限公司等投资上海外高桥集团股份有限公司2 4 . 7 5亿人民币。从交 易事件地域分布看，目前主要分布在广东省、江苏省和浙江省，占比均为1 7 . 5%。 更多信息请登录：h tt p s://ma x.pe da t a . c n/ 本周募资情况 本周新登记股权投资基金管理人共计4家，取消备案登记10家，全年截至目前累计股权投 资基金管理人数量为2 7家。本周新增备案基金数量为1 0 6只，规模总计347.35亿元，本 周备案基金募 ...