Core Viewpoint - The focus for ST Tianwei (688511) in 2026 is on financial report disclosure and delisting risk progress, with plans to apply for the removal of delisting risk warning if financial data meets standards, otherwise, the company may face termination of listing [1] Financial Performance - In January 2026, the company forecasted a net profit attributable to shareholders of between 28 million to 42 million yuan, a non-recurring net profit of 19 million to 27 million yuan, and operating revenue of 130 million to 160 million yuan, indicating significant year-on-year growth. If the final audited data meets expectations, the delisting risk warning is likely to be lifted [2] Stock Performance - Due to failing to meet financial indicators in 2024, the company's stock has been under delisting risk warning since May 6, 2025. According to regulations, the company must disclose a termination of listing risk warning announcement every 10 trading days in 2026. The latest risk warning was issued on February 3, 2026, emphasizing that the 2025 audit results will directly determine the listing status [3] Company Status - The company is steadily advancing the preparation of the 2025 annual report, with the auditing firm Sichuan Huaxin conducting audit procedures as planned. If the audited financial data meets standards (such as a positive non-recurring net profit and operating revenue exceeding 100 million yuan after excluding unrelated income), the company plans to apply for the removal of the delisting risk warning; if not, the stock may be terminated from listing. The annual report is expected to be disclosed in 2026, with the specific timing to be announced [4]

Core Viewpoint - The company is progressing steadily with the preparation and auditing of its 2025 annual report, with no significant issues reported that could lead to a non-unqualified audit opinion [1][2]. Group 1: Audit Progress - As of the announcement date, the company is actively advancing the preparation and auditing of the 2025 annual report, with the auditing firm Sichuan Huaxin conducting the audit according to the established plan [1]. - The audit procedures are being carried out in an orderly manner, and the company is committed to continuing its efforts in this regard [1]. Group 2: Financial Reporting Status - There are currently no matters that could lead to a non-unqualified opinion on the financial statements, and there are no significant disagreements between the company and Sichuan Huaxin regarding major accounting treatments or key audit matters [2]. - The final type of audit opinion for the 2025 financial statements will be determined based on the annual audit report [2]. Group 3: Information Disclosure - The designated media and websites for the company's information disclosure include Shanghai Securities News, China Securities Journal, Securities Daily, Securities Times, and the Shanghai Stock Exchange website [2].

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。 根据《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》《科创 板上市公司自律监管指南第 12 号——退市风险公司信息披露（2025 年 4 月修 订）》的有关规定，财务类退市风险公司应当分别在年度报告预约披露日前 20 个交易日和 10 个交易日，披露年度报告编制及最新审计进展情况，说明是否存 在可能导致财务会计报告被出具非无保留意见的事项及具体情况；在重大会计处 理、关键审计事项、审计意见类型、审计报告出具时间安排等事项上是否与会计 师事务所存在重大分歧等。 经与年审会计师四川华信（集团）会计师事务所（特殊普通合伙）（以下简 称"四川华信"）沟通，现将公司 2025 年年度报告编制及最新审计进展情况公告 如下： 1、截至本公告披露日，公司正在稳步推进 2025 年度报告编制及审计工作， 四川华信正在按照既定的审计计划有序开展审计工作，执行相应审计程序。公司 将继续按照计划积极推进年报编制及审计工作。 证券代码：688511 证券简称：*ST天微 公告编号：20 ...

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。 2026年2月4日 陈竞婷女士简历 公司董事会对保荐代表人胡洪波先生在公司持续督导期间所做出的贡献表示衷心感谢！ 特此公告。 四川天微电子股份有限公司 董事会 四川天微电子股份有限公司（以下简称"公司"）于近日收到国金证券股份有限公司（以下简称"国金证 券"）出具的《关于更换四川天微电子股份有限公司持续督导保荐代表人的函》。 国金证券作为公司首次公开发行股票并在科创板上市的保荐机构，根据《证券发行上市保荐业务管理办 法》《上海证券交易所科创板股票上市规则》等有关规定，原委派胡洪波先生、唐宏先生为该项目持续 督导的保荐代表人。持续督导期限自首次公开发行股票并在科创板上市之日起至2024年12月31日止。鉴 于公司募集资金尚未使用完毕，国金证券将继续对公司募集资金存放与使用情况履行持续督导职责。 胡洪波先生因工作变动，不再担任公司首次公开发行A股股票并在科创板上市的持续督导的保荐代表 人，为保证持续督导工作有序进行，国金证券现委派保荐代表人陈竞婷女士（简历详见附件）接替胡洪 波先 ...

证券代码：688511 证券简称：*ST天微 公告编号：2026-006 四川天微电子股份有限公司 关于变更保荐代表人的公告 特此公告。 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。 四川天微电子股份有限公司（以下简称"公司"）于近日收到国金证券股份有 限公司（以下简称"国金证券"）出具的《关于更换四川天微电子股份有限公司持 续督导保荐代表人的函》。 国金证券作为公司首次公开发行股票并在科创板上市的保荐机构，根据《证 券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市规则》等有关 规定，原委派胡洪波先生、唐宏先生为该项目持续督导的保荐代表人。持续督导 期限自首次公开发行股票并在科创板上市之日起至 2024 年 12 月 31 日止。鉴于 公司募集资金尚未使用完毕，国金证券将继续对公司募集资金存放与使用情况履 行持续督导职责。 胡洪波先生因工作变动，不再担任公司首次公开发行 A 股股票并在科创板 上市的持续督导的保荐代表人，为保证持续督导工作有序进行，国金证券现委派 保荐代表人陈竞婷女士（简历详见附件）接替胡洪波先 ...

Core Viewpoint - Sichuan Tianwei Electronics Co., Ltd. is at risk of being delisted due to negative net profit and low revenue for the fiscal year 2024, prompting a warning for investors [2][3]. Group 1: Reasons for Potential Delisting - The company reported a negative net profit for 2024, which is lower than the non-recurring gains, and its revenue, excluding unrelated business income, is expected to be below RMB 100 million [2][3]. Group 2: Disclosure of Previous Delisting Risk Announcements - According to the stock listing rules, the company must disclose potential delisting risk announcements within one month after the end of the fiscal year when under delisting risk warning [4]. Group 3: Other Matters - The company anticipates a profit of between RMB 29 million and RMB 43 million for the fiscal year 2025, representing an increase of RMB 63.73 million to RMB 77.73 million compared to the previous year, indicating a turnaround from losses [5]. - Expected revenue for 2025 is projected to be between RMB 130 million and RMB 160 million, an increase of RMB 52.24 million to RMB 82.24 million, reflecting a year-on-year growth of 67.19% to 105.77% [5]. - The company aims to apply for the removal of the delisting risk warning if the audited financial results for 2025 show a positive net profit or revenue exceeding RMB 100 million [6].

证券代码：688511 证券简称：*ST天微 公告编号：2026-005 四川天微电子股份有限公司 关于公司股票可能被终止上市的第二次风险提示公告 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。 重要内容提示： 四川天微电子股份有限公司（以下简称"公司"）于 2025 年 4 月 30 日 披露了《关于实施退市风险警示暨停牌的公告》（公告编号 2025-026），公司因 2024 年度实现归属于上市公司股东的扣除非经常性损益前后的净利润孰低为负 值，且 2024 年度实现扣除与主营业务无关的业务收入后营业收入将低于人民币 1 亿元，根据《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》（以 下简称"《股票上市规则》"）的有关规定，公司股票于 2025 年 5 月 6 日起被 实施退市风险警示。若公司出现《股票上市规则》第 12.4.10 条规定的情形，公 司股票可能被上海证券交易所终止上市。请广大投资者注意投资风险。 一、可能被终止上市的原因 公司于 2025 年 4 月 30 日披露了《关于实施退市风险警示 ...

Core Viewpoint - The company is progressing steadily with the preparation and auditing of its 2025 annual report, with no current issues that would lead to a non-unqualified audit opinion [1][2]. Group 1: Annual Report Preparation - The company is actively advancing the preparation of the 2025 annual report and the auditing process [1]. - The auditing firm, Sichuan Huaxin (Group) CPA, is conducting the audit according to the established plan and procedures [1]. Group 2: Audit Progress and Opinions - As of the announcement date, there are no matters that could lead to a non-unqualified opinion on the financial statements [2]. - There are currently no significant disagreements between the company and Sichuan Huaxin regarding major accounting treatments, key audit matters, or the type of audit opinion [2].

根据《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》《科创 板上市公司自律监管指南第 12 号——退市风险公司信息披露（2025 年 4 月修 订）》的有关规定，财务类退市风险公司应当分别在年度报告预约披露日前 20 个交易日和 10 个交易日，披露年度报告编制及最新审计进展情况，说明是否存 在可能导致财务会计报告被出具非无保留意见的事项及具体情况；在重大会计处 理、关键审计事项、审计意见类型、审计报告出具时间安排等事项上是否与会计 师事务所存在重大分歧等。 经与年审会计师四川华信（集团）会计师事务所（特殊普通合伙）（以下简 称"四川华信"）沟通，现将公司 2025 年年度报告编制及最新审计进展情况公告 如下： 1、截至本公告披露日，公司正在稳步推进 2025 年度报告编制及审计工作， 四川华信正在按照既定的审计计划有序开展审计工作，执行相应审计程序。公司 将继续按照计划积极推进年报编制及审计工作。 2、截至本公告披露日，公司尚不存在可能导致财务会计报告被出具非无保 留意见的事项。在重大会计处理、关键审计事项、审计意见类型、审计报告出具 时间安排等事项上，公司与四川华信目前不存在重大分歧，因审 ...

Market Overview - The military electronics sector experienced a decline of 3.67% on January 20, with Xicet Testing leading the drop [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] Stock Performance - Notable stock performances in the military electronics sector included: - *ST Dali (002214): Closed at 20.28, up 1.25% with a trading volume of 51,000 shares and a turnover of 103 million yuan - Xicet Testing (301306): Closed at 116.45, down 12.11% with a trading volume of 118,600 shares and a turnover of 1.463 billion yuan - Shenglu Communication (002446): Closed at 10.82, down 8.92% with a trading volume of 1.8396 million shares and a turnover of 2.039 billion yuan [1][2] Capital Flow - The military electronics sector saw a net outflow of 5.905 billion yuan from institutional investors, while retail investors had a net inflow of 5.209 billion yuan [2] - The capital flow for specific stocks included: - Aerospace South Lake (688552): Net inflow of 32.9088 million yuan from institutional investors - Xicet Testing (301306): Net outflow of 463.963 million yuan from retail investors [3]