Zhong Guo Ji Jin Bao·2026-01-19 15:30Core 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, leading to the stock being prefixed with "*ST" [2][5]. Financial Performance Summary - For the fiscal year 2025, Tianjian Technology anticipates a total profit ranging from -242 million to -170 million yuan, with a net profit attributable to shareholders expected to be between -250 million and -176 million yuan [5][7]. - The company's operating revenue is projected to be between -201 million and -141 million yuan, which is below the threshold of 300 million yuan as stipulated in the Shenzhen Stock Exchange listing rules [5][7]. - The expected reduction in operating revenue for 2025 is approximately 260 million yuan, which will impact the net profit attributable to shareholders by about -210 million yuan [8]. Business Outlook - Tianjian Technology is a high-tech enterprise engaged in the research, production, and sales of high-band, high-power solid-state microwave front ends, primarily serving large military industrial groups [7]. - In 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 [8].