Yibin Tianyuan Group Co Ltd

Tianyuan Group released its 2026 interim report, achieving attributable net profit of 209 million yuan during the reporting period, up 1,157.84% from the same period last year, marking three consecutive years of growth. Total operating revenue was 7.465 billion yuan, up 31.69% year-on-year. Net operating cash inflow was 188 million yuan, up about 2.6 times year-on-year. Gross margin was 10.25%, up 3.94 percentage points from the same period last year; return on equity was 2.69%, up 2.47 percentage points year-on-year. Diluted earnings per share was 0.16 yuan, up 1,156.25% year-on-year. The company's debt-to-asset ratio was 64.70%, with 54,800 shareholders, and the top ten shareholders held a combined 36.75% of total share capital.

The review status of Tianyuan Shares' application to issue shares to specific investors has been changed to submitted for registration. The company plans to issue no more than 96.1446 million shares, with expected proceeds of 479 million yuan. The sponsor is China Securities Co., Ltd.

Tianyuan Shares' application to issue shares to specific investors has been approved by the Shenzhen Stock Exchange's Listing Review Center, and will next be submitted to the China Securities Regulatory Commission for registration. The company had previously reduced the total fundraising amount from no more than 700 million yuan to no more than 479 million yuan, and the number of shares to be issued from no more than 141 million shares to no more than 96.1446 million shares. The proceeds are intended to repay bank loans and supplement working capital. The subscriber for this issuance is the company's controlling shareholder, Yibin Development. Upon completion, its shareholding together with persons acting in concert will rise to 31.73 percent. The company expects a net profit attributable to the parent company of 180 million to 230 million yuan for the first half of 2026, representing a year-on-year increase of 981.39 percent to 1282.34 percent, with a clear acceleration in performance.