Core Viewpoint - Tianma Zhikong (688570.SH) reported a significant decline in both revenue and net profit for Q3 2025, indicating potential challenges in its operational performance compared to peers in the industry [1][3]. Financial Performance - The total operating revenue for the company was 1.081 billion yuan, ranking 26th among disclosed peers, a decrease of 134 million yuan or 11.01% year-on-year [1]. - The net profit attributable to shareholders was 78.848 million yuan, ranking 25th among peers, down by 201 million yuan or 71.87% year-on-year [1]. - The net cash flow from operating activities was -11.2297 million yuan, ranking 55th among peers, a decline of 137 million yuan or 108.90% year-on-year [1]. Financial Ratios - The latest debt-to-asset ratio was 25.78%, ranking 20th among peers, an increase of 1.02 percentage points from the previous quarter and 3.50 percentage points from the same period last year [3]. - The latest gross profit margin was 33.10%, ranking 31st among peers, a decrease of 5.26 percentage points from the previous quarter and 13.88 percentage points year-on-year [3]. - The return on equity (ROE) was 1.84%, ranking 43rd among peers, down by 4.70 percentage points year-on-year [3]. - The diluted earnings per share were 0.18 yuan, ranking 32nd among peers, a decrease of 0.47 yuan or 72.31% year-on-year [3]. - The total asset turnover ratio was 0.19 times, ranking 61st among peers, a decrease of 0.03 times or 15.73% year-on-year [3]. - The inventory turnover ratio was 1.21 times, ranking 43rd among peers, an increase of 0.17 times or 16.45% year-on-year [3]. Shareholder Structure - The number of shareholders was 13,200, with the top ten shareholders holding 359 million shares, accounting for 82.98% of the total share capital [3]. - The largest shareholder, Tiandi Technology Co., Ltd., held 56.54% of the shares [3].

Core Points - The company has announced its third-quarter report for 2025, ensuring the accuracy and completeness of the information provided [3][10][11] - The company plans to use part of the excess raised funds, amounting to 38.5 million yuan, to permanently supplement its working capital, which is 29.94% of the total excess funds [17][21][25] - The company has received approval from its board and supervisory board for the use of excess funds, which will be submitted for shareholder approval [13][24][26] Financial Data - The financial statements for the third quarter of 2025 have not been audited [3][5] - The company reported a net profit of 0.00 yuan from merged entities for the current and previous periods [5][6] Shareholder Information - The company has confirmed that the total number of shareholders and the status of major shareholders remain unchanged [4] - The company has previously used 77 million yuan of excess funds for working capital, which does not exceed the 30% limit set for such uses [20][21] Meeting Details - The second supervisory board meeting was held on October 28, 2025, with all members present, and the resolutions passed were deemed legal and effective [9][10] - The meeting approved the third-quarter report and the proposal to use excess funds for working capital [11][13]

Group 1 - The company Tianma Zhikong (688570.SH) reported a revenue of 1.081 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 11.01% [1] - The net profit attributable to the parent company was 78.85 million yuan, down 71.87% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 66.47 million yuan, a decrease of 73.70% compared to the previous year [1] - The basic earnings per share stood at 0.18 yuan [1]

Core Insights - Tianma Zhikong Technology Co., Ltd. reported a revenue of 1.08 billion yuan and a net profit of 79 million yuan for the first three quarters of 2025 [1] - The company focuses on the research, production, sales, and service of unmanned intelligent mining control technology and equipment, while also expanding into discrete intelligent control industries [1][2] Company Performance - For the first three quarters of 2025, Tianma Zhikong achieved a revenue of 1.08 billion yuan and a net profit of 79 million yuan [1] - The company is recognized as an industry leader, providing technical support for 34 award-winning mining faces in the 2024 National Coal Mine Intelligent Innovation Competition, accounting for 46% of the total [2] Industry Context - The Chinese government has prioritized coal mine intelligence as a key development area, which is crucial for enhancing safety and ensuring stable coal supply [2] - As of the end of Q1 2025, there are 907 intelligent coal mines and 1,806 intelligent mining faces established nationwide, indicating significant room for growth in the sector [2] - The continuous improvement of intelligent mining technology and equipment is expected, with accelerated updates of existing technologies [2] Strategic Focus - The company is actively optimizing and expanding its unmanned discrete intelligent control industry, focusing on intelligent manufacturing and precision oil pressure numerical control [1][2] - Tianma Zhikong aims to leverage its experience in smart factory construction to provide comprehensive solutions for discrete manufacturing enterprises, potentially becoming a second growth curve for the company [2]

Core Viewpoint - Tianma Intelligent Control (688570.SH) reported a revenue of 429 million yuan in the third quarter, reflecting a year-on-year growth of 10.79% [1] - The net profit attributable to shareholders decreased significantly by 87.97% to 9.33 million yuan [1] - The net profit after deducting non-recurring gains and losses also saw a decline of 88.24%, amounting to 8.87 million yuan [1] - Basic earnings per share stood at 0.02 yuan [1] Financial Performance - Revenue for Q3 reached 429 million yuan, marking a 10.79% increase compared to the previous year [1] - Net profit attributable to shareholders was 9.33 million yuan, down 87.97% year-on-year [1] - Net profit excluding non-recurring items was 8.87 million yuan, a decrease of 88.24% year-on-year [1] - Basic earnings per share recorded at 0.02 yuan [1]

中信建投证券股份有限公司 关于北京天玛智控科技股份有限公司 一、募集资金基本情况 中国证券监督管理委员会于 2023 年 3 月 21 日出具《关于同意北京天玛智控 科技股份有限公司首次公开发行股票注册的批复》（证监许可﹝2023﹞614 号）， 同意公司首次公开发行股票的注册申请。公司首次向社会公众发行人民币普通股 7,300 万股，每股发行价格为人民币 30.26 元，募集资金总额为 220,898.00 万元， 扣除发行费用 8,037.89 万元（不含增值税）后，募集资金净额为 212,860.11 万元， 其中超募资金为 12,860.11 万元。上述资金已于 2023 年 5 月 31 日全部到位，天 职国际会计师事务所（特殊普通合伙）出具了《北京天玛智控科技股份有限公司 验资报告》（天职业字[2023]38233 号）。公司已对募集资金进行专户存储，公司、 保荐人及存放募集资金的商业银行签订了募集资金专户存储三方监管协议。具体 情况详见 2023 年 6 月 2 日披露于上海证券交易所网站（www.sse.com.cn）的《北 京天玛智控科技股份有限公司首次公开发行股票科创板上市公告书》。 二、 ...

Financial Performance - The company's revenue for Q3 2025 was CNY 429,224,347.02, representing a year-over-year increase of 10.79%[3]. - The total profit for the same period decreased by 87.02% to CNY 11,990,802.80, while the net profit attributable to shareholders fell by 87.97% to CNY 9,332,469.68[3][8]. - Basic and diluted earnings per share for Q3 were both CNY 0.02, down 88.89% year-over-year[3][8]. - Total operating revenue for the first three quarters of 2025 was CNY 1,081,230,021.45, a decrease of 10.95% compared to CNY 1,214,967,502.04 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was CNY 78,848,125.15, a decline of 71.8% compared to CNY 280,330,133.95 in the previous year[19]. - The company reported a total profit of CNY 94,169,293.94 for the first three quarters of 2025, down from CNY 332,605,039.00 in the same period of 2024[18]. Cash Flow - The net cash flow from operating activities for the year-to-date period was negative CNY 11,229,714.47, reflecting a decline of 108.90%[3][8]. - The company’s cash flow from operating activities showed a significant decline, indicating potential challenges in maintaining liquidity[21]. - The net cash flow from operating activities was -$11,229,714.47, a significant decrease from $126,241,938.38 in the previous period[22]. - Total cash inflow from operating activities was $817,208,738.37, while cash outflow was $828,438,452.84, resulting in a net cash flow deficit[22]. - Cash flow from investment activities showed a net outflow of -$425,520,411.16, compared to -$62,769,492.22 previously, indicating increased investment expenditures[22]. - Cash flow from financing activities resulted in a net outflow of -$144,876,195.00, down from -$174,529,820.34, reflecting reduced dividend payments and financing costs[23]. - The ending cash and cash equivalents balance was $2,032,127,915.61, down from $2,705,443,226.09 at the beginning of the period[23]. - The company received $117,216,215.85 in cash related to operating activities, an increase from $84,609,393.85 in the previous period[22]. - Payments to employees increased to $273,405,001.29 from $266,330,142.36, indicating a rise in labor costs[22]. - The company paid $60,381,992.71 in taxes, a decrease from $118,072,873.54, suggesting improved tax efficiency[22]. - Cash received from investment activities was $7,383.02, down from $19,681.46, indicating a decline in investment returns[22]. - The company did not report any cash inflows from financing activities, reflecting a potential strategy shift in capital management[23]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,770,232,287.56, a decrease of 1.01% compared to the previous year[4]. - Current assets decreased to RMB 4,752,541,106.90 from RMB 5,260,142,488.97, indicating a reduction of approximately 9.6%[12]. - Cash and cash equivalents were reported at RMB 2,332,127,915.61, down from RMB 2,913,754,236.24, reflecting a decline of about 20%[12]. - Accounts receivable increased to RMB 1,551,989,579.50 from RMB 1,374,716,803.49, showing a growth of approximately 12.9%[12]. - Inventory rose to RMB 658,868,915.55, compared to RMB 533,351,522.42, representing an increase of about 23.5%[12]. - Total liabilities amounted to CNY 1,487,711,614.86, slightly up from CNY 1,484,695,508.64 year-over-year[14]. - Total equity attributable to shareholders of the parent company decreased to CNY 4,282,520,672.70 from CNY 4,344,478,914.04[14]. - Non-current liabilities totaled CNY 70,135,350.68, an increase from CNY 64,375,630.92 in the previous year[14]. - Total liabilities were not explicitly stated but can be inferred from the current liabilities, which include accounts payable of RMB 985,939,437.79, up from RMB 791,509,117.87, indicating an increase of approximately 24.5%[13]. Shareholder Information - The top shareholder, Tian Di Technology Co., Ltd., holds 56.54% of the shares, totaling 244,800,000 shares[10]. - The company has a total of 13,248 shareholders as of the reporting date[10]. - There are no significant changes in the top 10 shareholders or their shareholding status compared to the previous period[11]. Operational Challenges - The company experienced a significant decline in customer demand for equipment, attributed to pressures in the coal industry and intensified competition[8]. - Research and development expenses totaled CNY 27,501,397.57, down 13.96% from the previous year, accounting for 6.41% of revenue[4]. - The weighted average return on equity decreased by 1.61 percentage points to 0.22% for the current period[4][8].

证券代码：688570 证券简称：天玛智控 公告编号：2025-032 北京天玛智控科技股份有限公司 关于使用部分超募资金永久补充流动资金的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 北京天玛智控科技股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开第二届董事会第六次会议、第二届监事会第六次会议，审议通过了《关于 提请审议公司使用部分超募资金永久补充流动资金的议案》，同意公司使用超募 资金 3,850.00 万元用于永久补充流动资金。保荐人中信建投证券股份有限公司 （以下简称"保荐人"）出具了无异议的核查意见。该事项尚需提交公司股东大 会审议通过后方可实施。现将相关情况公告如下： 一、募集资金基本情况 中国证券监督管理委员会（以下简称"中国证监会"）于 2023 年 3 月 21 日出具了《关于同意北京天玛智控科技股份有限公司首次公开发行股票注册的批 复》（证监许可﹝2023﹞614 号），同意公司首次公开发行股票的注册申请。公 司首次向社会公众发行人民币普通股 7,300 万股，每股发行价 ...

证券代码：688570 证券简称：天玛智控 公告编号：2025-033 二、监事会会议审议情况 经与会监事充分审议和表决，会议形成决议如下： 1、审议通过《关于提请审议<北京天玛智控科技股份有限公司 2025 年第三 季度报告>的议案》 监事会认为：经审核，《北京天玛智控科技股份有限公司 2025 年第三季度报 告》的编制和审议程序符合《中华人民共和国证券法》《上市公司信息披露管理 办法》以及《公司章程》《北京天玛智控科技股份有限公司信息披露事务管理制 度》等法律法规及制度规定，其内容能够真实、准确、完整地反映公司的财务状 况和经营成果等实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 综上，监事会同意《北京天玛智控科技股份有限公司 2025 年第三季度报告》。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《天 玛智控 2025 年第三季度报告》。 北京天玛智控科技股份有限公司 第二届监事会第六次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性 ...

Core Viewpoint - Beijing Tianma Zhikong Technology Co., Ltd. will hold a performance briefing for the third quarter of 2025 on October 30, 2025, to discuss its operational results and financial status for the first three quarters of 2025 [2][3]. Group 1: Meeting Details - The performance briefing will take place on October 30, 2025, from 16:00 to 17:00 [6][7]. - The meeting will be conducted in an interactive online format via the Shanghai Stock Exchange Roadshow Center [3][6]. - Investors can participate by logging into the Shanghai Stock Exchange Roadshow Center website [5][6]. Group 2: Investor Participation - Investors can submit questions from October 23, 2025, to October 29, 2025, before 16:00 through the Roadshow Center or via the company's email [2][8]. - The company will address commonly asked questions during the briefing [2][8]. - Contact information for inquiries includes Liu Yuanye, with a provided phone number and email address [8].