How to break the "decline spiral" of Changzhou Tiansheng New Materials Group, which has accumulated over one billion losses in five years?

Self-rescue or lying flat. The days for Changzhou Tiansheng New Materials Group (300169.SZ) are not easy. As a company renowned for research and development of polymer materials, it has recently been mired in difficulties, with Net income losses for five consecutive years, major lawsuits hanging overhead, and tight cash flow. Chairman Wu Haizhou has also been criticized by the Exchange due to issues like illegal guarantees. This once-prominent company, known for its technological breakthroughs in structural materials for wind turbine Blades, had climbed to the forefront of the Industry. However, it has now deviated from its path of development; what lies ahead for its future? Years of losses have led to a dilemma between strategic wavering and technological investment.

China InvestorsFeb 26 18:01

Changzhou Tiansheng New Materials Group (300169.SZ): Currently, the supporting products for Autos mainly consist of various component products.

On February 7, Gelonghui reported that Changzhou Tiansheng New Materials Group (300169.SZ) stated on the investor interaction platform that the company currently supplies various automotive components; however, specific customer information cannot be disclosed due to confidentiality obligations. Your understanding is appreciated! Regarding the relevant business situations, if they meet the disclosure standards, the company will diligently and promptly fulfill its information disclosure obligations in accordance with laws and regulations.

Gelonghui FinanceFeb 7 20:57

Express News | Changzhou Tiansheng New Materials Group: The company is being sued for infringement of invention patent rights, with the amount involved being 80.2 million yuan.

BreakingsFeb 7 18:07

Express News | Changzhou Tiansheng New Materials Group: The total amount of compensation for expropriation is 0.35 billion yuan.

BreakingsJan 27 19:27

Changzhou Tiansheng New Materials Group (300169.SZ) issued a profit warning, expecting an annual net loss of 42 million to 59 million yuan.

Changzhou Tiansheng New Materials Group (300169.SZ) disclosed its performance forecast for 2024, estimating the net profit attributable to Shareholders of the listed company...

Zhitong FinanceJan 24 17:33

Tiansheng New Materials: 2024 Annual Performance Forecast

SZSIJan 24 17:04 · Announcements