天箭科技，可能被实施退市风险警示

Core Viewpoint - Tianjian Technology (002977) expects to report a net loss of between -176 million to -250 million yuan for the fiscal year 2025, marking a shift from profit to loss compared to the previous year [1][2] Group 1: Financial Performance - The company anticipates a revenue decline of between -141 million to -201 million yuan for 2025, primarily due to price adjustments between provisional and final pricing for certain products [2] - The adjustment in revenue is expected to reduce net profit attributable to shareholders by approximately -210 million yuan, influenced by the formal price review agreements for three specific product models [2][3] Group 2: Business Strategy - Despite the anticipated losses, the company's core business remains unchanged, with plans to focus on new model development and production in 2026, alongside accelerating research and validation of new technologies [3] - The company aims to enhance its core product competitiveness and improve operational efficiency while maintaining strategic planning and management [3] Group 3: Risk of Delisting - Tianjian Technology has issued a warning regarding the potential for its stock to be subject to delisting risk, as it may meet criteria set by the Shenzhen Stock Exchange due to negative net profit and revenue figures [4] - The company is currently undergoing an audit for its 2025 annual report, and any delisting risk will be disclosed alongside the audited financial data [4]