Core Viewpoint - Chengdu Tian'ao Electronics Co., Ltd. reported a significant decline in revenue and net profit for the first half of 2025, attributed to project progress impacts and increased market competition [2][10]. Company Overview and Financial Indicators - The company operates in the high-tech sector, focusing on the research, design, production, and sales of time frequency and BeiDou satellite application products, achieving international advanced levels in atomic clocks and time synchronization equipment [3][4]. - The company’s revenue for the reporting period was approximately 317.64 million yuan, a decrease of 16.09% compared to the previous year [11]. - The net profit attributable to shareholders was approximately 8.31 million yuan, down 46.25% year-on-year [10][11]. - The company plans not to distribute cash dividends or issue bonus shares [1]. Business Operations - The main products include frequency series products and time synchronization series products, which are used in aerospace, satellite navigation, military communication, and defense equipment [3][4]. - The company employs a "standard products + customized products" business model to cater to diverse customer needs, enhancing both scale and customization [4]. - The company has seen growth in production orders but faced challenges in product delivery due to project progress [10]. Performance Drivers - National development plans and policies support the growth of the time frequency and BeiDou satellite application industries, providing a favorable environment for the company's operations [5]. - The demand for time frequency products is driven by traditional industries and new infrastructure projects, including 5G/6G communication and satellite internet [5][6]. Core Competitiveness - The company has established itself as a leading manufacturer of atomic clocks and military-grade time synchronization devices, with a strong focus on technological innovation and market expansion [8][9]. - The company holds 129 valid patents, including 85 invention patents, and has established a robust innovation system [8][10]. - The management team possesses extensive experience in the defense technology and time frequency sectors, ensuring a deep understanding of industry dynamics [9]. Financial Data Analysis - The company’s operating costs decreased by 15.23% to approximately 241.16 million yuan, indicating effective cost control measures [11]. - The company’s cash flow from operating activities faced pressure, with accounts receivable increasing by 10.17% year-on-year [10][11]. - Research and development expenses amounted to approximately 15.42 million yuan, reflecting a commitment to innovation despite a decrease from the previous year [11].

Core Viewpoint - Chengdu Tian'ao Electronics Co., Ltd. reported a significant decline in both revenue and net profit for the first half of 2025 compared to the same period last year, indicating challenges in market competition and project delivery [6][7]. Financial Performance - The company achieved operating revenue of 317.64 million yuan, a decrease of 16.09% year-on-year [6]. - Net profit attributable to shareholders was 8.31 million yuan, down 46.25% from the previous year [6]. - The net cash flow from operating activities was 27.03 million yuan, reflecting a decline of 71.44% [6]. - Basic and diluted earnings per share were both 0.0191 yuan, a decrease of 46.20% [6]. Operational Challenges - The company faced significant pressure on collections, with accounts receivable increasing by 10.17% year-on-year [6]. - Credit impairment losses also rose, indicating potential risks in receivables management [6]. - Despite an increase in production orders, product delivery decreased due to project progress issues [6]. Market and Product Development - The company is actively expanding its market presence across various product lines, including time-frequency devices and RF components [7]. - New applications and projects in the airborne field are being pursued, with successful contracts for power modules and ongoing market promotion for power chips [7]. - The company has made technological breakthroughs in miniaturized and high-precision temperature-compensated crystal oscillators [7]. Research and Development - R&D investment for the first half of 2025 was 15.42 million yuan, resulting in the acquisition of 3 patent authorizations and 1 software copyright [7]. - As of June 30, 2025, the company holds a total of 129 patents, 1 integrated circuit layout design, and 26 software copyrights [7]. Strategic Focus - The company is committed to enhancing its core competitiveness in the time-frequency field through continuous innovation and technology development [7]. - Efforts are being made to strengthen cost control, with management and sales expenses decreasing by over 10% [6].

证券代码：002935 证券简称：天奥电子 公告编号：2025-032 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、董事会会议召开情况 成都天奥电子股份有限公司（以下简称"公司"）第五届董事会第十六次会议于 2025 年 8 月 7 日以电子邮件、电话通讯等形式发出通知，并于 2025 年 8 月 18 日在公司会议室以 现场结合通讯方式召开。本次会议应出席董事 7 名，实际出席董事 7 名，公司高级管理人员 列席了会议。会议由公司董事长赵晓虎先生主持，会议的召集和召开符合《中华人民共和国 公司法》等法律法规及《公司章程》的规定。 二、董事会会议审议情况 （一）审议并通过《公司 2025 年半年度报告及摘要》 该议案已经审计委员会审议通过。 成都天奥电子股份有限公司 第五届董事会第十六次会议决议公告 表决结果为：同意 7 票，反对 0 票，弃权 0 票 报告全文详见公司在巨潮资讯网（http://www.cninfo.com.cn）披露的《成都天奥电子股 份有限公司 2025 年半年度报告》。报告摘要详见公司在《证券时报》、 《中国证券报》、 《上海 ...

成都天奥电子股份有限公司 董事会审计委员会工作细则 审计委员会设召集人一名，由会计专业的独立董事担任，负责主持委员会工作； 审计委员会召集人由董事会选举产生。 第三条 审计委员会委员应当具备胜任工作职责的专业知识、工作经验和良好 的职业操守，保证足够的时间和精力履行委员会的工作职责，勤勉尽责，切实有效 地监督、评估公司内外部审计工作，促进公司建立有效的内部控制并提供真实、准 确、完整的财务报告。 第四条 审计委员会委员的任期与公司其他董事相同，每届任期不得超过三年， 任期届满，连选可以连任，但独立董事委员连续任职不得超过六年。期间如有委员 因辞任或者其他原因不再担任公司董事职务，自其不再担任董事之时自动辞去审计 委员会职务。 审计委员会委员辞任导致审计委员会委员低于法定最低人数，或者欠缺会计专 业人士，在新委员就任前，原委员仍应当继续履行职责。 第五条 审计委员会委员应当持续加强法律、会计和监管政策等方面的学习和 培训，不断提高履职能力。 第一章 总则 第一条 为充分发挥审计委员会对公司财务信息、内部控制、内外部审计等工 作的监督作用，健全公司内部监督机制，根据《中华人民共和国公司法》《中华人 民共和国证券法 ...

Core Viewpoint - Chengdu Tian'ao Electronics Co., Ltd. has established a system for the deferral and exemption of information disclosure to ensure compliance with legal obligations while protecting sensitive information [1][2]. Group 1: Information Disclosure Regulations - The company and other obligated parties must disclose information truthfully, accurately, completely, timely, and fairly, without abusing deferral or exemption to mislead investors [2][3]. - Deferral or exemption of disclosure is applicable when the information involves state secrets or commercial secrets that could lead to unfair competition or harm to the company or others [2][3][4]. Group 2: Internal Review Procedures - The company must implement internal review procedures before deferring or exempting disclosure, ensuring that the information does not violate state secrecy regulations [4][5]. - Departments must complete a confidentiality review before submitting information for disclosure, and any deferral or exemption must be documented and approved by relevant authorities within the company [5][6]. Group 3: Disclosure of Deferred or Exempted Information - If the reasons for deferral or exemption are no longer valid, or if the information becomes difficult to keep confidential, the company must disclose the information promptly [3][4]. - The company can use alternative methods such as pseudonyms or summaries to protect sensitive information while still fulfilling disclosure requirements [3][4]. Group 4: Record Keeping and Reporting - The company is required to maintain records of all deferred or exempted disclosures for a minimum of 10 years and report these to regulatory authorities within 10 days after the publication of periodic reports [5][6]. - Any leaks or market rumors regarding deferred or exempted information must be verified and disclosed promptly to mitigate potential impacts on the company's stock [6][7].

Core Viewpoint - Chengdu Tian'ao Electronics Co., Ltd. has revised its information disclosure management system to enhance compliance with relevant laws and regulations, ensuring timely and accurate disclosure of significant information that may impact stock trading prices [1][2][3]. Summary by Sections Information Disclosure Management - The company has amended its information disclosure management system to align with the Securities Law of the People's Republic of China and the Shenzhen Stock Exchange regulations [1]. - The revised system emphasizes the importance of disclosing information that could significantly affect the trading prices of the company's stocks and derivatives [1][2]. Disclosure Obligations - The information disclosure obligations now include a broader range of stakeholders, including directors, supervisors, senior management, and significant shareholders [3]. - The company must ensure that information disclosed is truthful, accurate, and complete, and must not involve state secrets [4][5]. Confidentiality and Exceptions - The revised system allows for the postponement or exemption of disclosure for information deemed as state secrets or commercial secrets under specific conditions [6][7][8]. - If the reasons for postponement or exemption are resolved, the company must promptly disclose the information and the measures taken to maintain confidentiality [9][10]. Reporting and Compliance - The company is required to report significant events that may impact stock prices immediately upon knowledge of such events [15][18]. - Regular reports must be prepared and approved by the board of directors, ensuring compliance with the relevant regulations [11][12]. Communication with Stakeholders - The company must not disclose undisclosed significant information during communications with investors or analysts [5][6]. - Any communication regarding significant information must be conducted in a manner that does not violate disclosure regulations [5][6]. Monitoring and Enforcement - The board of directors and relevant committees are responsible for overseeing the compliance of information disclosure practices and addressing any violations [25][26]. - The company must maintain records of all disclosures and ensure that any discrepancies are reported to the Shenzhen Stock Exchange [29][30].

信息披露管理制度 第一章 总则 第一条 为了规范成都天奥电子股份有限公司（以下简称"公司"）的信息 披露行为，加强信息披露事务管理，保护投资者合法权益，根据《中华人民共和 国证券法》《上市公司信息披露管理办法》《深圳证券交易所股票上市规则》（以 下简称"《上市规则》"）、《深圳证券交易所上市公司自律监管指引第 1 号— —主板上市公司规范运作》（以下简称"《规范运作》"）等法律、法规、规范 性文件和《成都天奥电子股份有限公司章程》（以下简称"《公司章程》"）的 有关规定，特制定本制度。 第二条 本制度所称信息披露是指将可能对公司股票及其衍生品种交易价格 产生重大影响的信息以及证券监管部门要求披露的其他信息，按法律、行政法规、 部门规章、规范性文件、《上市规则》《规范运作》和深圳证券交易所（以下简 称"深交所"）其他相关规定，在深交所网站和符合中国证监会规定条件的媒体 （以下统称符合条件媒体）上公告信息。公司披露的信息不得涉及国家秘密。 第三条 信息披露义务人，是指公司及其董事、高级管理人员、股东或者存 托凭证持有人、实际控制人，收购人及其他权益变动主体，重大资产重组、再融 资、重大交易、破产事项等有关各方，为 ...

Core Viewpoint - Chengdu Tian'ao Electronics Co., Ltd. has established a value management system aimed at enhancing the company's investment value and shareholder returns while ensuring compliance with relevant laws and regulations [1][2]. Group 1: Value Management Principles - The basic principles of the company's value management include compliance, systematic approach, scientific methodology, and regularity in execution [2]. - The board of directors is responsible for leading the value management efforts, focusing on long-term goals and investor interests [2][3]. Group 2: Responsibilities and Roles - The chairman of the board is the primary responsible person for value management, ensuring the implementation of decisions aimed at enhancing company value [3]. - Senior management is expected to actively participate in value management planning and evaluation [3][4]. Group 3: Strategies for Enhancing Investment Value - The company aims to improve investment value through various strategies, including mergers and acquisitions, employee stock ownership plans, and cash dividends [5][6]. - Strengthening investor relations and enhancing information disclosure are also key strategies to improve transparency and investor confidence [6]. Group 4: Monitoring and Response Mechanisms - The securities affairs department is tasked with monitoring market indicators and initiating warning mechanisms when necessary [9]. - In the event of significant stock price declines, the company will analyze the causes and communicate with investors to restore confidence [9].

Core Points - The establishment of the Strategic and ESG Committee aims to enhance the company's core competitiveness and sustainable development capabilities [2] - The committee will focus on long-term strategic planning, major investment decisions, and the company's ESG strategy, vision, goals, and policies [2][3] Group 1: Committee Responsibilities - The committee is responsible for researching and providing recommendations on the company's long-term development strategy [3] - It will evaluate major investment financing plans and capital operations that require board approval [3] - The committee will assist the board in assessing the company's ESG performance and risks, and will develop relevant policies and goals [3][4] Group 2: Committee Composition and Operation - The committee consists of three directors, including a chairperson elected by the board [3] - Committee members must possess the necessary professional knowledge and experience, and their term aligns with that of other directors, not exceeding three years [3][4] - The committee is required to meet at least once a year, with provisions for additional meetings as needed [5][6] Group 3: Meeting Procedures - Meetings must have at least two-thirds of the members present to be valid, and decisions require a majority vote [5][6] - Meeting records must be accurately maintained and signed by attendees, with a retention period of at least ten years [6]

成都天奥电子股份有限公司 董事会提名委员会工作细则 第一章 总则 第一条 为规范公司董事及高级管理人员的选聘，优化董事会组成，完善公司 治理结构，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司 治理准则》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第1号——主板上市公司规范运作》《成都天奥电子股份有限公司章程》（以 下简称《公司章程》）及其他有关规定，公司设立董事会提名委员会，并制定本工 作细则。 第二条 董事会提名委员会是董事会依据相关法律法规设立的专门工作机构， 对董事会负责并报告工作，主要负责对公司董事和高级管理人员的人选、选择标准 和程序进行选择并提出建议。 第二章 提名委员会的职责与职权 提名委员会委员由董事长、二分之一以上独立董事或者全体董事的三分之一提 名，并由董事会选举产生。 第三条 公司董事会提名委员会负责拟定董事、高级管理人员的选择标准和程 序，对董事、高级管理人员人选及其任职资格进行遴选、审核，并就下列事项向董 事会提出建议： （一）提名或者任免董事； （二）聘任或者解聘高级管理人员； （三）法律、行政法规、中国证监会规定和《公司章程》规定的其他事 ...