Sichuan Tianwei Electronic (SH:688511) Jing Ji Guan Cha Wang·2026-02-12 08:16Core Viewpoint - The focus for ST Tianwei (688511) in 2026 is on financial report disclosure and delisting risk progress, with plans to apply for the removal of delisting risk warning if financial data meets standards, otherwise, the company may face termination of listing [1] Financial Performance - In January 2026, the company forecasted a net profit attributable to shareholders of between 28 million to 42 million yuan, a non-recurring net profit of 19 million to 27 million yuan, and operating revenue of 130 million to 160 million yuan, indicating significant year-on-year growth. If the final audited data meets expectations, the delisting risk warning is likely to be lifted [2] Stock Performance - Due to failing to meet financial indicators in 2024, the company's stock has been under delisting risk warning since May 6, 2025. According to regulations, the company must disclose a termination of listing risk warning announcement every 10 trading days in 2026. The latest risk warning was issued on February 3, 2026, emphasizing that the 2025 audit results will directly determine the listing status [3] Company Status - The company is steadily advancing the preparation of the 2025 annual report, with the auditing firm Sichuan Huaxin conducting audit procedures as planned. If the audited financial data meets standards (such as a positive non-recurring net profit and operating revenue exceeding 100 million yuan after excluding unrelated income), the company plans to apply for the removal of the delisting risk warning; if not, the stock may be terminated from listing. The annual report is expected to be disclosed in 2026, with the specific timing to be announced [4]