天微电子灭火抑爆产品展示图 ◎记者 李少鹏 今年前三季度营收同比增长72.66%，净利润同比增长550.37%，在国家重点领域拼搏多年的四川天微电 子股份有限公司（下称"天微电子"或"*ST天微"），展现出不俗的发展势头。 "受行业周期波动影响，2024年公司发展的确遇到一些困难，如今困难期已过，我们也会继续努力。"近 日，公司董事、副总经理巨万夫表示，前三季度业绩大增主要得益于国家重点领域需求提升，公司抢抓 市场机遇，为业绩增长打下坚实基础。未来，*ST天微将依托在国家重点领域多年的技术积累， 借"AI+安全"之匙积极布局开拓民用市场，以期打造出穿越行业周期的第二增长曲线。 订单驱动增长 经营状况稳步回升 在巨万夫看来，*ST天微能够实现业绩触底回升，除了行业回暖外，核心底气在于公司二十余年积累的 技术实力和研发能力。 *ST天微长期专注于综合防护领域的核心器件及系统集成，在灭火抑爆、高能点火、高精度熔断等细分 领域形成了独特的技术优势。公司拥有较为完善的科研生产设备、试验检测设备以及配套设施，建立了 完整的重点装备科研生产平台，已成为重点装备整机/总体单位的重要配套商，受到用户单位的高度认 可。 研发投入 ...

Core Viewpoint - *ST Tianwei, established in 2001 and listed in 2021, operates in the domestic military electronics sector, focusing on high-speed automatic fire extinguishing and explosion suppression systems, showcasing unique products and technological barriers [1] Financial Performance - In Q3 2025, *ST Tianwei reported revenue of 128 million yuan, ranking 59th among 64 companies in the industry, significantly lower than the top performer AVIC Chengfei's 48.286 billion yuan and the second AVIC Optoelectronics' 15.838 billion yuan, as well as below the industry average of 189.8 million yuan and median of 57.5 million yuan [2] - The company's net profit for the same period was 39.097 million yuan, ranking 23rd in the industry, again far below AVIC Chengfei's 2.175 billion yuan and AVIC Optoelectronics' 1.884 billion yuan, but above the industry median of 3.7432 million yuan, though below the average of 94.5076 million yuan [2] Financial Ratios - As of Q3 2025, *ST Tianwei's debt-to-asset ratio was 11.26%, an increase from 10.51% year-on-year, but still significantly lower than the industry average of 32.84%, indicating strong solvency [3] - The gross profit margin for the same period was 55.49%, down from 62.77% year-on-year, yet still substantially higher than the industry average of 34.84%, reflecting strong profitability [3] Executive Compensation - Chairman Ju Wanli's salary for 2024 was 989,200 yuan, a decrease of 62,000 yuan from 2023 [4] - General Manager Zhang Chao's salary for 2024 was 385,600 yuan, down by 32,700 yuan from the previous year [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders for *ST Tianwei decreased by 9.79% to 4,157, while the average number of circulating A-shares held per account increased by 10.85% to 24,700 [5]