002977，将被“*ST”！

Core Viewpoint - Tianjian Technology has announced a performance forecast indicating that it will be subject to delisting risk warning due to expected negative financial results for 2025 [2][5]. Group 1: Financial Performance - The company expects a total profit for 2025 to be between -242.29 million and -170.48 million yuan, with a net profit attributable to shareholders ranging from -249.80 million to -176.77 million yuan [5][6]. - The expected operating revenue for 2025 is projected to be between -201.00 million and -141.09 million yuan, indicating a significant decline compared to the previous year's revenue of 1.37 billion yuan [6][7]. - The decline in financial performance is attributed to discrepancies between provisional and audited product prices, leading to an estimated revenue reduction of approximately 260 million yuan and an impact on net profit of about -210 million yuan [7]. Group 2: Regulatory Implications - According to the Shenzhen Stock Exchange's listing rules, the company will receive a delisting risk warning if its audited financial results for the most recent fiscal year show negative values for total profit, net profit, or net profit after deducting non-recurring gains and losses, with operating revenue below 300 million yuan [5][6]. - The company will disclose the delisting risk warning alongside its 2025 annual report if it meets the criteria outlined in the listing rules [6]. Group 3: Future Outlook - For 2026, the company plans to continue its existing business and product lines while focusing on the development and mass production of new models and products, as well as accelerating the research and validation of new technologies to strengthen its core business advantages [7].