Research Express | Tianshun Co., Ltd. (002800) Performance Briefing Addresses Investor Concerns: Loss of 26.33 Million Yuan in 2025, Multiple Measures to Strive for Return to Profitability in 2026

Xinjiang Tianshun Supply Chain Co., Ltd. (hereinafter referred to as “Tianshun Co., Ltd. (Rights Protection)”) held a performance briefing for 2025 on March 19, 2026, to respond to investor concerns regarding the company’s operating performance, business layout, and future development plans. The briefing was conducted via online text communication, open to all investors. Company Chairman Ding Zhiping, General Manager and CFO Zhao Yan, Deputy General Manager and Board Secretary Gao Xiang, and Independent Director Deng Feng participated in the reception.

Basic Information of Investor Activities

The investor relations activity category is a performance briefing. The event was held on March 19, 2026 (Thursday) from 15:00 to 17:00 at the Shenzhen Stock Exchange “Interactive Easy Platform” (

Investor Focus and Company Responses

Reasons for 2025 Loss and Measures to Turn Profitable in 2026

In response to investor questions about the “reason for a loss of 26.33 million yuan in 2025 and measures to turn profitable in 2026,” the company stated that the 2025 performance loss was mainly due to the contraction of business scale in supply chain, third-party logistics, and other sectors reliant on bulk commodities. For 2026, the company will strive to seize market opportunities, actively improve performance through management enhancement, business expansion, cost reduction, and efficiency improvement, aiming to achieve a turnaround.

Business Layout and Development Plans

Regarding business layout, an investor asked whether the company is involved in Middle Eastern markets or low-altitude economy planning. The company clearly responded, “Currently, there is no Middle Eastern business” and “no plans for low-altitude economy.” Concerning refinancing needs and capital expenditure plans, the company stated it will closely follow the national “14th Five-Year Plan,” actively expand multimodal transport businesses such as aviation, rail, and road, continue promoting logistics informatization, and integrate internal resources for connotative development. Additionally, it will pursue external growth through investments and cooperation to enhance core competitiveness.

Stock Price and Business Outlook

In response to whether there are measures related to the significant increase in the company’s stock price this year, the company said that secondary market stock price movements are influenced by multiple factors. The management team will strive to ensure the company’s sustainable and stable development to support the stock price with performance. Regarding whether the business contraction in 2026 will improve, the company stated it will actively explore market opportunities and implement multiple measures to promote business recovery and growth.

This performance briefing further clarified the company’s current operational status and future development direction through interaction with investors. Tianshun Co., Ltd. stated it will focus on its main business, combining connotative development and external growth to enhance core competitiveness and improve performance.

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