Core Viewpoint - Tianjian Technology expects to report a net loss of between -176 million yuan and -250 million yuan for the fiscal year 2025, marking a shift from profit to loss compared to the previous year [2][4]. Financial Performance - The company anticipates a revenue decline of between -141 million yuan and -201 million yuan for 2025 [4]. - The primary reason for the expected loss is the adjustment between the provisional pricing and the final audited prices of certain products, which are subject to specific field user pricing regulations [4]. - Adjustments to previously recognized revenues based on provisional pricing are expected to reduce revenue by approximately 260 million yuan and impact net profit by about -210 million yuan [4]. Business Outlook - Despite the anticipated losses due to product price adjustments, the company's core business remains unchanged [5]. - In 2026, the company plans to focus on the development and mass production of new models and products while accelerating the research and validation of new technologies to strengthen its core product competitiveness [5]. - The company aims to enhance strategic planning and operational management, promote steady business growth, optimize its talent pool and operational efficiency, and improve investor communication to boost overall company value and sustainable development capabilities [5]. Risk Warning - Tianjian Technology has issued a warning regarding the potential for its stock to be subject to delisting risk due to financial performance criteria set by the Shenzhen Stock Exchange [6][7]. - If the audited financial data for 2025 meets specific negative criteria, the company will announce a delisting risk warning, and trading of its stock will be suspended for one day following the announcement [6][7].

Core Viewpoint - Tianjian Technology (002977.SZ) expects a net loss of between 249.81 million yuan and 175.77 million yuan for 2025, primarily due to price adjustments between provisional and approved prices for its products [1][2] Group 1: Financial Performance - The company anticipates a revenue decline of approximately 200.52 million yuan to 141.09 million yuan for the reporting period [1] - Adjustments based on formal price review agreements for previously recognized revenue are expected to reduce revenue by about 260 million yuan and net profit attributable to shareholders by approximately 210 million yuan [2] Group 2: Business Operations - The main reason for the decline in revenue and net profit is the price difference adjustment between provisional pricing and approved pricing, which is a common practice in the industry [1] - The company plans to focus on new model development and mass production in 2026 while continuing to enhance its core product competitiveness and invest in new technology research and validation [2] Group 3: Strategic Planning - The company aims to strengthen its strategic planning and operational management to promote steady business growth and optimize talent and operational efficiency [2] - There will be an emphasis on improving investor communication to enhance overall company value and sustainable development capabilities [2]