Core Viewpoint - The company, Sichuan Chuangxin Electronics, has announced a projected net loss for the year 2025, indicating ongoing challenges in its business operations and market conditions [2] Financial Performance - The company expects a net profit attributable to shareholders of between -265 million yuan and -340 million yuan for 2025, with a net profit excluding non-recurring gains and losses projected between -275 million yuan and -350 million yuan [2] - In comparison, the company's total profit for 2024 was -252.37 million yuan, with a net profit attributable to shareholders of -245.88 million yuan, and a net profit excluding non-recurring gains and losses of -300.87 million yuan [2] - The earnings per share for 2024 were reported at -1.1882 yuan [2] Business Challenges - The primary reasons for the anticipated loss in 2025 include intensified competition in traditional business markets, which has led to a slight increase in revenue that is still insufficient to cover costs [2] - Additionally, delays in customer procurement plans have impacted the company's ability to secure orders for key projects in its sensing product business during the reporting period [2]

Core Viewpoint - The company SiChuan Electronics (四创电子) has had its military procurement qualifications suspended due to non-compliance with contract terms, which is expected to impact its logistics and engineering service business in the short term [1][2]. Group 1: Company Response and Impact - The company is conducting an internal investigation regarding the reasons for the suspension and is preparing to appeal the decision [2]. - The suspension does not constitute an administrative penalty, and existing contracts signed before the suspension date remain unaffected [2]. Group 2: Financial Performance - SiChuan Electronics has reported consecutive losses over the past two years, with projected net losses of 553.2 million yuan and 245.9 million yuan for 2023 and 2024, respectively [2]. - Revenue has been declining for several years, with decreases of 20.27%, 13.44%, 29.19%, and 16.79% from 2021 to 2024 [2]. - The company anticipates a net loss of between 265 million yuan and 340 million yuan for the year 2025, along with a projected non-recurring net loss of 275 million yuan to 350 million yuan [2]. Group 3: Business Challenges - The primary reason for the anticipated losses is intensified competition in traditional business markets, which has led to insufficient revenue to cover operational costs despite slight revenue growth [3]. - Delays in customer procurement plans have also affected the delivery of key projects in the perception products business, contributing to the overall performance issues [4].

Group 1 - The company, Four Creation Electronics Co., Ltd., has been suspended from participating in military material engineering service procurement activities as of January 11, 2026, due to non-compliance with contract obligations [1][2] - The suspension was announced by the Military Procurement Network and is based on regulations governing military suppliers [1] - The company is currently conducting an internal investigation regarding the reasons for the suspension and is preparing to appeal the decision [2] Group 2 - The suspension is not classified as an administrative penalty, and the overall business operations of the company remain normal [2] - Contracts signed prior to the suspension date will not be affected by this decision [2] - The company will fulfill its information disclosure obligations based on the progress of the situation [2]

Core Viewpoint - The company SiChuang Electronics (600990.SH) has been suspended from participating in military procurement activities due to non-compliance with contract obligations, effective January 11, 2026 [1] Group 1: Suspension Details - The military procurement network announced the suspension of the company's qualification for military material engineering service procurement activities [1] - The suspension is based on the company's failure to fulfill contractual obligations as per the regulations of the military supplier management [1] Group 2: Company Response - The company is taking the suspension seriously and is conducting an internal investigation to understand the reasons behind the non-compliance [1] - The company is also preparing to appeal the decision regarding the suspension [1] Group 3: Impact on Business - The suspension is expected to have a short-term impact on the company's logistics support business in the field of material engineering services [1] - The overall business operations of the company remain normal, and contracts signed before the suspension date will not be affected [1]

Core Viewpoint - Four Creation Electronics has been suspended from participating in military procurement activities due to non-compliance with contract obligations, which may impact its business operations in the logistics support sector [1][2] Group 1: Company Overview - Four Creation Electronics specializes in perception products such as meteorological radar, air traffic control radar, and low-altitude warning radar, as well as related basic components and applications in security, emergency response, military information systems, and grain information technology [1] - In 2024, the company's revenue is projected to be 1.603 billion yuan, with radar and related products generating 0.852 billion yuan and public safety products accounting for 0.421 billion yuan [1] Group 2: Impact of Suspension - The company is conducting an internal investigation regarding the reasons for the suspension and is preparing to appeal the decision, acknowledging that the suspension will have a short-term impact on its logistics support business [2] - The suspension is not classified as an administrative penalty, and existing contracts signed before the suspension date will remain unaffected [2] Group 3: Financial Performance - Four Creation Electronics has projected a net loss for 2025, estimating a loss between 0.265 billion yuan and 0.34 billion yuan, with a non-deducted net profit forecasted to be between 0.275 billion yuan and 0.35 billion yuan [2] - For the first three quarters of 2025, the company reported a net loss of 90.20 million yuan and a non-deducted net profit of 95.02 million yuan [2] - The anticipated losses are attributed to intensified market competition and delays in customer procurement plans affecting key projects in the perception products business [2]

四创电子股份有限公司 关于暂停参加军队物资工程服务采购活动的公告 证券代码：600990 股票简称：四创电子 编号：临 2026-006 处理部门：军委机关事务管理总局供应局 暂停时间：2026年1月11日 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担法律责任。 军队采购网（以下简称"军采网"）于2026年1月11日发布公告，军委机关事 务管理总局供应局根据军队供应商管理相关规定，自2026年1月11日起暂停四创电 子股份有限公司（以下简称"公司"）参加全军物资工程服务采购活动资格。具 体情况公告如下： 一、军采网发布的信息 （一）被处理供应商信息 企业名称：四创电子股份有限公司 企业地址：安徽省合肥市高新技术产业开发区 统一社会信用代码：91340000719986552R （二）违规处理信息 暂停事由：其他、未按合同规定履约 处理结果：根据军队供应商管理相关规定，自2026年1月11日起暂停其参加全 军物资工程服务采购活动资格。 二、对公司的影响及风险提示 （一）知悉被暂停采购资格后，公司内部高度重视，正就存在违规处理决定 形成原 ...

公司正就存在违规处理决定形成原因开展内部核查并积极准备申诉。预计该事项短期内将对公司后勤保 障领域的物资工程服务业务产生一定影响。该事项不属于行政处罚，目前公司整体经营情况正常，在暂 停日期前已签订的相关合同不受影响。 人民财讯1月12日电，四创电子（600990）1月12日公告，军队采购网于1月11日发布公告，军委机关事 务管理总局供应局根据军队供应商管理相关规定，自2026年1月11日起暂停公司参加全军物资工程服务 采购活动资格。 ...

Core Viewpoint - The company, SiChuan Electronics (四创电子), has been suspended from participating in military procurement activities as of January 11, 2026, due to regulatory issues related to supplier management [1] Group 1: Company Impact - The company is currently conducting an internal investigation regarding the reasons behind the suspension and is preparing to appeal the decision [1] - The suspension is expected to have a short-term impact on the company's logistics support services in the military procurement sector [1] - The suspension does not constitute an administrative penalty, and the company's overall business operations remain normal [1] Group 2: Contractual Obligations - Contracts signed prior to the suspension date will not be affected by this decision [1]

四创电子公告称，军采网于2026年1月11日发布公告，军委机关事务管理总局供应局因公司未按合同规 定履约，自当日起暂停其参加全军物资工程服务采购活动资格。公司内部正开展核查并准备申诉，预计 短期内将对后勤保障领域的物资工程服务业务有一定影响。该事项不属于行政处罚，公司整体经营正 常，暂停日期前已签合同不受影响。 ...

格隆汇1月12日｜四创电子公告，军队采购网于2026年1月11日发布公告，军委机关事务管理总局供应局 根据军队供应商管理相关规定，自2026年1月11日起暂停四创电子股份有限公司参加全军物资工程服务 采购活动资格。知悉被暂停采购资格后，公司内部高度重视，正就存在违规处理决定形成原因开展内部 核查并积极准备申诉。预计该事项短期内将对公司后勤保障领域的物资工程服务业务产生一定影响。 ...