证券代码：688511 证券简称：*ST天微 公告编号：2025-041 四川天微电子股份有限公司 本次股东会由公司董事会召集，公司董事长巨万里主持会议。会议采取现 2025年第二次临时股东会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： ● 本次会议是否有被否决议案：无 一、会议召开和出席情况 （一）股东会召开的时间：2025年9月18日 （二）股东会召开的地点：中国（四川）自由贸易试验区成都市双流区西南航空港经济开发区黄甲街道 物联一路233号公司办公楼九楼会议室 （三）出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及其持有表决权数量的情 况： ■ （四）表决方式是否符合《公司法》及公司章程的规定，股东会主持情况等。 场记名投票与网络投票相结合的方式，表决方式符合《公司法》及《公司章程》 的规定。 （五）公司董事和董事会秘书的出席情况 1、公司在任董事7人，出席7人； 2、公司董事会秘书杨芹芹女士出席了本次股东会，其他高级管理人员列席了本次会议。 二、议案审议情况 （一）非累积投票 ...

证券代码：688511 证券简称：*ST 天微 公告编号：2025-041 四川天微电子股份有限公司 2025年第二次临时股东会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 9 月 18 日 （二） 股东会召开的地点：中国（四川）自由贸易试验区成都市双流区西南航 空港经济开发区黄甲街道物联一路 233 号公司办公楼九楼会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 64 | | --- | --- | | 普通股股东人数 | 64 | | 2、出席会议的股东所持有的表决权数量 | 65,360,501 | | 普通股股东所持有表决权数量 | 65,360,501 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 63.5622 | | 例（%） | | | 普通股股东所持有表决权数量占公司 ...

之 国浩律师（成都）事务所 关于 四川天微电子股份有限公司 2025 年第二次临时股东会 法律意见书 成都市高新区天府二街 269 号无国界 26 号楼 9 层 邮编：610000 Floor 9,Building 26,Boundary-Free Land Center,269 Tianfu 2 Street,Hi-Tech Zone,Chengdu, China 电话/Tel: +86 28 86119970 传真/Fax: +86 28 86119827 网址/Website: http://www.grandall.com.cn 国浩律师（成都）事务所 法律意见书 国浩律师（成都）事务所 关于四川天微电子股份有限公司 2025年第二次临时股东会之法律意见书 致：四川天微电子股份有限公司 国浩律师（成都）事务所 法律意见书 经本所律师核查，2025 年 8 月 29 日，公司召开第二届董事会第十六次会议， 审议通过了《关于召开 2025 年第二次临时股东会的议案》，决定于 2025 年 9 月 18 日（星期四）召开本次股东会。 2025 年 8 月 30 日，公司董事会在上海证券交易所网站(www.s ...

四川天微电子股份有限公司 2025 年第二次临时股东会 四川天微电子股份有限公司 2025年第二次临时股东会 会议资料 2025年9月 会议资料将于会后统一回收，感谢配合 四川天微电子股份有限公司 2025 年第二次临时股东会目录 目 录 | 2025 年第二次临时股东会会议须知 | 2 | | --- | --- | | 2025 年第二次临时股东会会议议程 5 | | | 议案一：关于公司第二届董事会非独立董事候选人津贴方案的议案 | 7 | | 议案二：关于选举董事的议案 | 8 | 1 三、出席会议的股东及股东代理人须在会议召开前半小时到会议现场 办理签到手续，并请按规定出示证券账户卡、身份证明文件或企业营业执照 /注册证书复印件（加盖公章）、授权委托书等，经验证后领取会议资料，方 可出席会议。会议开始后，由会议主持人宣布现场出席会议的股东人数及其 所持有表决权的股份总数，在此之后到场的股东无权参与现场投票表决。 四、会议按照会议通知中所列顺序审议、表决议案。 五、股东及股东代理人参加股东会依法享有发言权、质询权、表决权 等权利。股东及股东代理人参加股东会应认真履行其法定义务，不得侵犯公 司和其他股东 ...

证券代码：688511 证券简称：*ST天微 公告编号：2025-040 四川天微电子股份有限公司 董事会 2025年9月6日 四川天微电子股份有限公司关于参加四川辖区2025年投资者网上集体接待日及半年度报告业绩说明会活 动的公告 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、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 为进一步加强与投资者的互动交流，四川天微电子股份有限公司（以下简称"公司"）将参加由四川省上 市公司协会、深圳市全景网络有限公司联合举办的"四川辖区2025年投资者网上集体接待日及半年度报 告业绩说明会"活动，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"（https://rs.p5w.net）参与本次互动交 流，活动时间为2025年9月12日（周五）14:00-17:00。届时公司董事兼总经理张超先生、董事兼副总经 理陈从禹先生、独立董事陈旭东先生、财务总监侯光莉女士、董事会秘书杨芹芹女士（如有特殊情况参 会人员可能进行调整）将在线就公司2025年半年度业绩、公司治理、发展战略、经营状 ...

一、董事会会议召开情况 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、准确性和完整性依法承担法律责任。 为进一步加强与投资者的互动交流，四川天微电子股份有限公司（以下简称 "公司"）将参加由四川省上市公司协会、深圳市全景网络有限公司联合举办的 "四川辖区 2025 年投资者网上集体接待日及半年度报告业绩说明会"活动，现 将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" （https://rs.p5w.net）参与本次互动交流，活动时间为 2025 年 9 月 12 日（周五） 14:00-17:00。届时公司董事兼总经理张超先生、董事兼副总经理陈从禹先生、独 立董事陈旭东先生、财务总监侯光莉女士、董事会秘书杨芹芹女士（如有特殊情 况参会人员可能进行调整）将在线就公司 2025 年半年度业绩、公司治理、发展 战略、经营状况和可持续发展等投资者关心的问题，与投资者进行沟通与交流， 欢迎广大投资者踊跃参与！ 证券代码：688511 证券简称：*ST 天微 公告编号：2025-040 四川天微电子股份有限公司 关于参加四川辖区20 ...

Core Insights - *ST Tianwei (688511) reported significant growth in its 2025 mid-year financial results, with total revenue reaching 84.01 million yuan, a year-on-year increase of 87.37%, and a net profit attributable to shareholders of 30.82 million yuan, up 2119.12% [1] Financial Performance - Total revenue for the second quarter was 43.56 million yuan, reflecting a substantial year-on-year increase of 459.92% [1] - The net profit for the second quarter was 13.48 million yuan, which is a year-on-year increase of 264.77% [1] - The gross profit margin decreased to 56.53%, down 11.25% year-on-year, while the net profit margin increased to 35.47%, up 1045.29% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 10.15 million yuan, accounting for 12.08% of revenue, a decrease of 64.83% year-on-year [1] Balance Sheet Highlights - Cash and cash equivalents increased to 264 million yuan, a rise of 114.79% year-on-year [1] - Accounts receivable stood at 165 million yuan, an 18.52% increase year-on-year, with accounts receivable representing 212.5% of total revenue [1] - The company maintained its interest-bearing debt at 8.1 million yuan, unchanged from the previous year [1] Earnings Per Share - Earnings per share rose significantly to 0.30 yuan, a year-on-year increase of 1600.57% [1] - The net asset value per share decreased to 8.17 yuan, down 24.71% year-on-year [1] - Operating cash flow per share was -0.09 yuan, a decline of 176.51% year-on-year [1] Business Evaluation - The company has shown a historical median ROIC of 8.26%, with the worst year being 2024 at -3.65% [2] - The company has experienced one loss year since its listing, indicating a need for further investigation into potential special circumstances [2] Debt and Inventory Management - The company has a healthy cash position, but attention is needed on accounts receivable and inventory levels, with inventory reaching 105.22% of revenue [2]

Core Viewpoint - The appointment of Ju Wanfu as the new deputy general manager of Sichuan Tianwei Electronics Co., Ltd. (*ST Tianwei) has sparked discussions regarding the company's governance structure, particularly the implications of family governance models in the context of its operational challenges and market position [1][3]. Group 1: Company Background and Governance - Ju Wanfu, born in 1975, has a background in real estate management and has worked for companies such as Shenzhen Xianke Real Estate Development Co. and Baoneng Holdings [2]. - Ju Wanfu is the younger brother of current shareholder Ju Wanzhen and the brother of chairman Ju Wanli, which raises concerns about family governance due to the close relationships among key stakeholders [3]. - The family governance structure is not uncommon in the A-share market, especially among small and medium-sized enterprises, and may indicate a tightening control over the company amid its ongoing struggles [4]. Group 2: Financial Performance - For the first half of 2025, *ST Tianwei reported a revenue of approximately 84 million CNY, a significant increase of 87.37% compared to the same period last year [6]. - The total profit for the same period was approximately 33 million CNY, showing a substantial recovery from previous losses [6]. - Despite a slight improvement in financial performance, the company has been labeled as "high risk" and "shell protection," indicating ongoing concerns about its ability to recover fully [6]. Group 3: Market Reactions and Future Outlook - The timing of the personnel adjustment suggests a strategic repositioning, potentially indicating a shift towards new business areas or a consolidation of governance within the family [5]. - The market remains skeptical about whether family control will serve as a remedy for the company's governance and operational issues, especially given the regulatory scrutiny on family-run enterprises [7]. - As of August 29, *ST Tianwei's stock closed at 23.91 CNY per share, with a year-to-date increase of 53.56%, reflecting some market optimism despite underlying challenges [8].

Group 1 - The company *ST Tianwei (SH 688511) announced the appointment of Mr. Ju Wanfu as the new deputy general manager [1] - The revenue composition for *ST Tianwei in 2024 is as follows: Other manufacturing accounts for 95.01%, other businesses for 3.79%, and technical services for 1.2% [1] - As of the report, *ST Tianwei has a market capitalization of 2.5 billion yuan [1] Group 2 - The company has undergone a review process by its nomination committee regarding the qualifications of senior management personnel [1]

Core Points - The board of directors of Sichuan Tianwei Electronics Co., Ltd. held its 16th meeting on August 29, 2025, where several key resolutions were passed [1][2][3] Group 1: Financial Reporting - The board approved the 2025 semi-annual report, confirming that the preparation and review processes complied with legal and regulatory requirements, and accurately reflected the company's financial status and operational results [1][2] - The board also approved a special report on the storage and actual use of raised funds, ensuring compliance with relevant regulations and confirming that the actual use of funds matched previously disclosed information [2][3] Group 2: Governance and Board Structure - A resolution was passed to establish a system for accountability regarding significant errors in annual report disclosures, aimed at enhancing the quality and transparency of information [3] - The board proposed the nomination of Mr. Ju Wanfu as a non-independent director to fill the vacancy left by the recent passing of Mr. Yang Youxin, ensuring compliance with the company's governance structure [4][5] - The board approved adjustments to the specialized committee members, including Mr. Ju Wanfu's appointment to the strategic committee [4][5] Group 3: Management Appointments and Compensation - The board approved the appointment of Mr. Ju Wanfu as the deputy general manager, with a term lasting until the end of the current board's tenure [6] - A compensation plan for Mr. Ju Wanfu was established, with a salary of 330,000 yuan per year, which includes performance-based pay [6][7] - The board agreed to convene the second extraordinary general meeting of 2025 on September 18, 2025, to discuss certain resolutions that require shareholder approval [7]