Jinmo Technology: Shareholder High-tech Investment's Reduction Period Has Expired Without Reducing Shares

Radar Finance | Yang Yang | Li Yihui

On February 24, Tianma Technology (Stock Code: 300334) announced that the shareholder Gao Xin Investment Development Co., Ltd., holding more than 5% of the shares, did not reduce its holdings during the planned reduction period. According to the announcement, Gao Xin Investment originally planned to reduce no more than 3,020,652 shares (less than 1% of the company’s total share capital) through centralized bidding from November 24, 2025, to February 23, 2026, and no more than 6,041,306 shares (less than 2% of the company’s total share capital) through block trades, with a total reduction of no more than 9,061,958 shares (less than 3% of the company’s total share capital).

As of February 23, 2026, when the reduction plan period expired, Gao Xin Investment had not reduced any shares, and its shareholding remained at 6.26%. Gao Xin Investment strictly complies with relevant laws and regulations, and the reduction matters have been disclosed in advance. The implementation is consistent with the plan.

According to Tianyancha, Tianma Technology was established on May 21, 2003, with a registered capital of 302.065356 million yuan. The legal representative is Fan Ning, and the registered address is No. 60, 11th Avenue, Tianjin Development Zone. Its main business includes the research and development and application of hollow fiber membrane materials and modules, membrane separation, and water treatment equipment.

Currently, the company’s chairman is Huang Yi, the secretary of the board is Song Huipeng, and it has 361 employees.

The company has 10 associated companies, including Tianjin Mengtian Membrane Environmental Engineering Co., Ltd., Gansu Jinqiao Water Industrial Technology Co., Ltd., Gansu Jinqiao Water Technology (Group) Co., Ltd., Wushan Jinqiao Water Science and Environment Engineering Co., Ltd., and Yuzhong Jinqiao Water Science and Environment Engineering Co., Ltd.

In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 245 million yuan, 202 million yuan, and 246 million yuan, respectively, with year-on-year growth of -48.28%, -17.68%, and 22.04%. Net profit attributable to the parent was -185 million yuan, -10.9057 million yuan, and 11.0474 million yuan, with year-on-year changes of -752.60%, 94.09%, and 201.30%. During the same period, the company’s asset-liability ratio was 57.17%, 36.18%, and 34.16%.

Regarding risks, Tianyancha data shows the company has 329 internal Tianyan risks, 427 surrounding risks, 357 historical risks, and 318 warning alert risks.