Core Viewpoint - *ST Tianwei (688511.SH) focuses on the research, development, production, and sales of advanced fire extinguishing and explosion suppression systems, as well as various specialized components for aerospace and military applications [1] Group 1: Product Offerings - The company develops and sells products such as new fire extinguishing and explosion suppression systems, three-proof collection drive devices, lithium battery fire warning and intelligent control systems, airborne optical flame detection control systems, and high-energy aviation ignition discharge devices [1] - Specialized fuses and aviation discharge tubes are primarily used in aerospace and military fields, while fire extinguishing and explosion suppression systems are utilized in armored vehicles, aerospace, and naval weaponry [1] Group 2: Industry Applications - In the aviation sector, the company has participated in the development of multiple fire detection systems for a certain group company's research institute, with one model already achieving installation and flight [1] - Other models have completed the development of related aviation fire alarm system products and have been delivered for assembly [1] - In the aerospace field, the company has completed verification tests for a certain type of ignition discharge tube product, achieving domestic substitution and receiving initial orders [1]

Core Viewpoint - *ST Tianwei (688511.SH) focuses on the research, development, production, and sales of advanced fire extinguishing and explosion suppression systems, as well as various specialized components for aerospace and military applications [1] Group 1: Product Offerings - The company develops and sells products such as new fire extinguishing and explosion suppression systems, three-proof collection drive devices, lithium battery fire warning and intelligent control systems, airborne optical flame detection control systems, and high-energy aviation ignition discharge devices [1] - Specialized fuses and aviation discharge tubes are primarily used in aerospace and military fields, while the fire extinguishing and explosion suppression systems are designed for armored vehicles, aerospace, and naval weaponry [1] Group 2: Industry Applications - In the aviation sector, the company has participated in the development of multiple fire detection systems for a certain group company's research institute, with one model already achieving installation and flight [1] - For other models, the company has completed the development of related aviation equipment fire alarm systems and has delivered products for installation [1] - In the aerospace field, the company has completed verification tests for a certain type of ignition discharge tube product, achieving domestic substitution and receiving initial orders [1]

Core Insights - The company, Sichuan Tianwei Electronics Co., Ltd. (*ST Tianwei*), reported a significant increase in revenue and net profit for the first three quarters of the year, with revenue growing by 72.66% and net profit surging by 550.37% compared to the previous year [3][5]. Financial Performance - For the first three quarters, the company achieved an operating income of 128 million yuan and a net profit of 41.0151 million yuan [5]. - The increase in performance is attributed to a rise in demand in key national sectors and an acceleration in product delivery due to macroeconomic policies [5][6]. Market Position and Strategy - The company has been focusing on military core electronic components and systems for over 20 years, with a strong emphasis on fire extinguishing and explosion suppression systems [5]. - The company aims to diversify its market reliance by expanding into the civilian market, leveraging its technological advantages to create a second growth curve [9][10]. Research and Development - Continuous investment in R&D is a cornerstone of the company's strategy, with R&D expenditure reaching 21.9966 million yuan for the year, a 37.12% increase from the previous year, representing 28.29% of operating income [7]. - The company has developed key products such as high-speed automatic fire extinguishing systems, which are widely used in key equipment sectors [7][10]. Future Outlook - The company plans to maintain a dual strategy focusing on both key equipment and civilian markets, with an emphasis on technological innovation to contribute to the upgrade of the national safety protection industry [11].

Core Viewpoint - *ST Tianwei (688511.SH) has developed a new lithium battery controller patent aimed at enhancing the safety monitoring level of lithium batteries, authorized in July 2025 [1] Group 1: Product Development - The company has signed contracts with a certain group company and a research institute, as well as Sichuan Kasima Rongtong Technology Co., Ltd., to develop a lithium battery safety protection system [1] - The product has been delivered, but it has not yet been applied in the new energy vehicle sector [1]

Core Viewpoint - *ST Tianwei (688511.SH) has developed a new lithium battery monitoring controller patent aimed at enhancing the safety monitoring level of lithium batteries, authorized in July 2025 [1] Group 1: Product Development - The company has signed contracts with a certain group company and a research institute, as well as Sichuan Kasima Rongtong Technology Co., Ltd., to develop the lithium battery safety protection system [1] - The product has been delivered, but it has not yet been applied in the new energy vehicle sector [1]

Core Points - The company will hold an investor briefing on November 26, 2025, from 10:00 to 11:00 AM to discuss its Q3 2025 performance and financial results [2][3][5] - Investors can submit questions from November 19 to November 25, 2025, through the Shanghai Stock Exchange Roadshow Center website or via email [2][4][5] - The briefing will be conducted in an interactive online format, allowing for real-time communication between the company and investors [3][4] Meeting Details - The investor briefing will take place at the Shanghai Stock Exchange Roadshow Center [4][5] - Key personnel attending the meeting include the General Manager, Deputy General Manager, Chief Financial Officer, Independent Directors, and the Board Secretary [5] - After the meeting, investors can access the main content and details of the briefing on the Shanghai Stock Exchange Roadshow Center website [6]

证券代码：688511 证券简称：*ST 天微 公告编号：2025-048 四川天微电子股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 11 月 26 日（星期三）10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 （二）会议召开地点：上证路演中心 （三）会议召开方式：上证路演中心网络互动 三、参加人员 董事、总经理：张超先生 董事、副总经理：陈从禹先生 投资者可于 2025 年 11 月 19 日（星期三）至 11 月 25 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 twdzdbyx@163.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 四川天微电子股份有限公司（以下简称"公司"）已于 2 ...

Major Events - Guotai Group acquired 100% equity of Beikuan Baomao for 110 million yuan through public bidding [3] - People's Tongtai stock price has a risk of rapid decline after a 46.43% increase over four consecutive trading days [4] - Huasheng Lithium's revenue increased by 62% in the first three quarters, but the company still reported a loss of 102.97 million yuan [5] - Haizike received approval for clinical trials of the innovative drug HSK39297 for age-related macular degeneration [6] - Angli Education postponed its response to an asset acquisition inquiry for no more than five trading days [7] - Shuguang Co. terminated its plan to issue shares to specific targets, and the Shanghai Stock Exchange has decided to terminate the review [8] Performance Overview - JD Group reported third-quarter revenue of 299.1 billion yuan, a year-on-year increase of 14.9% [9] - SMIC's third-quarter net profit was 1.517 billion yuan, up 43.1% year-on-year [10] - Tencent Holdings achieved third-quarter revenue of 192.87 billion yuan, a 15% year-on-year growth [11] - Lu'an Huaneng's coal sales in October reached 3.78 million tons, a year-on-year increase of 3.28% [12] Shareholding Changes - Haicheng Bangda's director plans to reduce holdings by no more than 0.97% due to personal financial needs [13] - Qisheng Technology's major shareholder reduced their stake to 40% after a transaction [14] - Tianwei Electronics' major shareholder reduced their stake to below 5% [15] - Zhongzi Technology's major shareholders collectively reduced their stake by 1.35% [16] Major Contracts - Lizhong Group's subsidiary received project confirmations with an estimated total sales of approximately 1.135 billion yuan [18] - Anhui Construction's subsidiary won a project bid worth 1.753 billion yuan [19]

Major Announcements - Guotai Group acquired 100% equity of Beikuan Baomao for 110 million yuan through public bidding [3] - People's Tongtai stock price has risen for four consecutive trading days, with a total increase of 46.43%, indicating potential rapid decline risk due to market sentiment [4] - Huasheng Lithium's stock price has deviated significantly, with a 62% revenue increase in the first three quarters, but still reporting a net loss of 10.3 million yuan [5] - Haishi Ke received approval for clinical trials of innovative drug HSK39297 for age-related macular degeneration, showing high development potential [6] - Angli Education postponed its response to an asset acquisition inquiry for no more than five trading days [7] - Shuguang Co. terminated its plan to issue shares to specific targets, with the Shanghai Stock Exchange halting the review [8] Performance Overview - JD Group reported third-quarter revenue of 299.1 billion yuan, a year-on-year increase of 14.9%, with net profit of 5.3 billion yuan [10] - SMIC achieved third-quarter net profit of 1.517 billion yuan, a 43.1% year-on-year increase, with revenue of 17.162 billion yuan [11][12] - Tencent Holdings reported third-quarter revenue of 192.87 billion yuan, a 15% year-on-year increase, with operating profit of 72.57 billion yuan [13] - Lu'an Huaneng's coal sales in October reached 3.78 million tons, a year-on-year increase of 3.28% [14] Shareholding Changes - Haicheng Bangda's director Wang Xiping plans to reduce his holdings by up to 0.97% due to personal financial needs [16] - Qisheng Technology's major shareholder reduced their stake to 40% through a block trade [17] - Tianwei Electronics' major shareholder Xie Kai reduced his holdings to below 5% [18] - Zhongzi Technology's major shareholders collectively reduced their stake by 1.35% [19] Major Contracts - Lichong Group's subsidiaries received project confirmations with an estimated total sales of approximately 1.135 billion yuan [21] - Anhui Construction's subsidiary won a project bid worth 1.753 billion yuan [22]

Core Viewpoint - *ST Tianwei (688511.SH) has reported a significant change in shareholder structure as Mr. Xie Kai has reduced his stake below 5%, no longer qualifying as a major shareholder [1] Group 1: Shareholder Changes - Mr. Xie Kai has notified the company of a reduction in his shareholding, decreasing his stake to 4.99981% after selling 200 shares [1] - The reduction in shares represents 0.00019% of the company's total share capital [1] - Following this transaction, Mr. Xie Kai now holds a total of 5.1413 million shares in the company [1]