Corporate News Report – Tiansheng New Material Co., Ltd. (300169.SZ)

Trading Activity (24‑hour period ending 10:59 PM Central Europe, Thursday 22 October 2026)

ItemValue
Current priceCNY 5.10
Daily change0 % (flat)
24‑hour volumeCNY 68.6 million
24‑hour traded shares327.6 million shares
Market capitalizationCNY 1.7 billion
200‑day simple moving averageCNY 5.31
52‑week highCNY 7.82 (16 January 2026)
52‑week lowCNY 4.12 (21 July 2026)
Month‑end change–5.95 %

Recent Company Development

On 21 October 2026, Tiansheng New Material Co., Ltd. announced the termination of a planned private placement of shares. The board resolution adopted on 19 October ended the 2026 issuance to a specific investor and cancelled earlier agreements that would have transferred substantial holdings to a new controlling entity. As a result:

  • The company currently has no controlling shareholder or ultimate beneficial owner.
  • The largest shareholder retains a minority stake.
  • The decision followed a review of market conditions and the company’s strategic outlook.

Financial highlights for the first half of 2026:

  • Earnings turned positive after a loss in the preceding period.
  • Operating results remain pressured when non‑recurring items are excluded.
  • Regulatory investigation into prior related‑party disclosures continues to be monitored.
StockSymbol24‑hour changeCurrent priceMarket capitalization
Sinomach General Machinery Science &600444.SS0 %CNY 13.62CNY 2.0 billion
Beiken002828.SZ0 %CNY 10.00CNY 2.1 billion
Syy300732.SZ0 %CNY 5.36CNY 2.1 billion
MPCSH000637.SZ0 %CNY 3.99CNY 2.1 billion
Shanghai Pioneer1345.HK0 %HKD 1.98HKD 2.4 billion

Key ratios

  • Sinomach General Machinery Science &: Price‑to‑earnings ratio = 34.26
  • Shanghai Pioneer: Price‑to‑earnings ratio = 16.46

All listed stocks traded flat during the 24‑hour observation period.