*ST天微上半年营收约8400万元，净利润同比增约2867.45万元

Core Viewpoint - *ST Tianwei expects significant growth in its H1 2025 performance, with substantial increases in revenue and net profit compared to the same period last year [2][3]. Financial Performance Summary - The projected revenue for H1 2025 is approximately 84.01 million yuan, with a core revenue of around 82.36 million yuan after excluding unrelated business income [2]. - The estimated total profit for H1 2025 is about 32.49 million yuan, with a net profit attributable to the parent company of approximately 30.06 million yuan, and a net profit of around 23.11 million yuan after excluding non-recurring gains and losses [2]. - The expected net profit attributable to the parent company represents an increase of approximately 28.67 million yuan compared to the same period last year, reflecting a year-on-year growth of about 2064.85% [2]. - The net asset value at the end of H1 2025 is projected to be around 849.03 million yuan [2]. Comparison with Previous Year - In the same period last year, the total profit was 0.1538 million yuan, and the net profit attributable to the parent company was 0.1387 million yuan, with a net profit of -0.388 million yuan after excluding non-recurring items [3]. - The previous year's revenue was 44.84 million yuan, with a core revenue of 43.39 million yuan [3]. - The net asset value at the end of the previous year was approximately 868.33 million yuan [3]. Reasons for Performance Change - The increase in demand for the company's main product, fire suppression and explosion-proof systems, is closely linked to the annual task arrangements of the complete vehicle assembly [3]. - The acceleration of the annual task progress due to national macro policies has led to a significant increase in order volume and revenue for H1 2025 [3]. - A reduction in management expenses due to the cancellation of stock incentives and a decrease in impairment losses contributed to the substantial increase in net profit [3]. Contractual Developments - The company reached an agreement on the pricing of a certain model's supporting products after negotiations, with a supplementary agreement signed on July 21, 2025 [4]. - The historical price differences for the supporting products will be accounted for in the current period's profit and loss [4].