天箭科技面临退市风险警示，2026年业务规划与财务压力并存

Core Viewpoint - Tianjian Technology (002977) is at risk of being delisted from the Shenzhen Stock Exchange due to an expected net profit loss in 2025 and negative revenue after deductions, which may trigger a risk warning for delisting [1] Group 1: Performance and Financial Situation - The company plans to disclose its 2025 annual report in April 2026, and the financial data and audit opinions in this report will directly impact the trading status of its stock, serving as a critical basis for assessing company risk [2] - The main risks faced by the company include fluctuations in performance due to military product pricing adjustments and cash flow pressure from long sales collection cycles, which may continue to affect financial health in 2026 [4] Group 2: Company Strategy and Outlook - In its performance forecast, the company indicated that it will focus on the finalization and mass production of new model products in 2026, as well as accelerate the research and development of new technologies to enhance core competitiveness [3] - The company's layout in commercial aerospace and other fields may influence its long-term operational performance [3]