证券代码：688511 证券简称：*ST天微 公告编号：2026-005 四川天微电子股份有限公司 关于公司股票可能被终止上市的第二次风险提示公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 四川天微电子股份有限公司（以下简称"公司"）于 2025 年 4 月 30 日 披露了《关于实施退市风险警示暨停牌的公告》（公告编号 2025-026），公司因 2024 年度实现归属于上市公司股东的扣除非经常性损益前后的净利润孰低为负 值，且 2024 年度实现扣除与主营业务无关的业务收入后营业收入将低于人民币 1 亿元，根据《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》（以 下简称"《股票上市规则》"）的有关规定，公司股票于 2025 年 5 月 6 日起被 实施退市风险警示。若公司出现《股票上市规则》第 12.4.10 条规定的情形，公 司股票可能被上海证券交易所终止上市。请广大投资者注意投资风险。 一、可能被终止上市的原因 公司于 2025 年 4 月 30 日披露了《关于实施退市风险警示 ...

Core Viewpoint - The company is progressing steadily with the preparation and auditing of its 2025 annual report, with no current issues that would lead to a non-unqualified audit opinion [1][2]. Group 1: Annual Report Preparation - The company is actively advancing the preparation of the 2025 annual report and the auditing process [1]. - The auditing firm, Sichuan Huaxin (Group) CPA, is conducting the audit according to the established plan and procedures [1]. Group 2: Audit Progress and Opinions - As of the announcement date, there are no matters that could lead to a non-unqualified opinion on the financial statements [2]. - There are currently no significant disagreements between the company and Sichuan Huaxin regarding major accounting treatments, key audit matters, or the type of audit opinion [2].

根据《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》《科创 板上市公司自律监管指南第 12 号——退市风险公司信息披露（2025 年 4 月修 订）》的有关规定，财务类退市风险公司应当分别在年度报告预约披露日前 20 个交易日和 10 个交易日，披露年度报告编制及最新审计进展情况，说明是否存 在可能导致财务会计报告被出具非无保留意见的事项及具体情况；在重大会计处 理、关键审计事项、审计意见类型、审计报告出具时间安排等事项上是否与会计 师事务所存在重大分歧等。 经与年审会计师四川华信（集团）会计师事务所（特殊普通合伙）（以下简 称"四川华信"）沟通，现将公司 2025 年年度报告编制及最新审计进展情况公告 如下： 1、截至本公告披露日，公司正在稳步推进 2025 年度报告编制及审计工作， 四川华信正在按照既定的审计计划有序开展审计工作，执行相应审计程序。公司 将继续按照计划积极推进年报编制及审计工作。 2、截至本公告披露日，公司尚不存在可能导致财务会计报告被出具非无保 留意见的事项。在重大会计处理、关键审计事项、审计意见类型、审计报告出具 时间安排等事项上，公司与四川华信目前不存在重大分歧，因审 ...

Market Overview - The military electronics sector experienced a decline of 3.67% on January 20, with Xicet Testing leading the drop [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] Stock Performance - Notable stock performances in the military electronics sector included: - *ST Dali (002214): Closed at 20.28, up 1.25% with a trading volume of 51,000 shares and a turnover of 103 million yuan - Xicet Testing (301306): Closed at 116.45, down 12.11% with a trading volume of 118,600 shares and a turnover of 1.463 billion yuan - Shenglu Communication (002446): Closed at 10.82, down 8.92% with a trading volume of 1.8396 million shares and a turnover of 2.039 billion yuan [1][2] Capital Flow - The military electronics sector saw a net outflow of 5.905 billion yuan from institutional investors, while retail investors had a net inflow of 5.209 billion yuan [2] - The capital flow for specific stocks included: - Aerospace South Lake (688552): Net inflow of 32.9088 million yuan from institutional investors - Xicet Testing (301306): Net outflow of 463.963 million yuan from retail investors [3]

格隆汇1月19日丨*ST天微(688511.SH)公布，公司预计2025年年度实现归属于母公司所有者的净利润 2,800.00万元到4,200.00万元，与上年同期相比（法定披露数据），将增加5,715.73万元到7,115.73万元， 与上年同期相比，将实现扭亏为盈。公司预计2025年年度实现归属于母公司所有者扣除非经常性损益后 的净利润1,900.00万元到2,700.00万元，与上年同期相比（法定披露数据），将增加5,382.76万元到 6,182.76万元，与上年同期相比，将实现扭亏为盈。 ...

Financial Projections - The company expects a total profit of between 29 million and 43 million yuan for the year 2025, an increase of 63.73 million to 77.73 million yuan compared to the previous year, achieving a turnaround from loss to profit [2]. - The projected operating revenue for 2025 is between 130 million and 160 million yuan, representing an increase of 52.24 million to 82.24 million yuan year-on-year, with a growth rate of 67.19% to 105.77% [5]. - The net profit attributable to the parent company is expected to be between 28 million and 42 million yuan, an increase of 57.15 million to 71.15 million yuan compared to the previous year, also achieving a turnaround from loss to profit [5]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, is projected to be between 19 million and 27 million yuan, an increase of 53.83 million to 61.83 million yuan year-on-year, indicating a turnaround from loss to profit [6]. - The estimated net assets at the end of 2025 are expected to be between 845 million and 859 million yuan [7]. Business Performance - The increase in orders is attributed to the demand for the company's main product, the fire suppression and explosion suppression system, influenced by the annual tasks of complete vehicles [12]. - The company has strengthened the collection of receivables, leading to a reversal of credit impairment losses, which positively impacts the current period's profit [14]. Risk Factors - The company’s stock is under risk warning due to the negative net profit for the previous year, which may lead to potential delisting if the 2025 annual report does not meet certain criteria [16].

四川天微电子股份有限公司（以下简称"公司"）于 2025 年 4 月 30 日 披露了《关于实施退市风险警示暨停牌的公告》（公告编号 2025-026），公司因 2024 年度实现归属于上市公司股东的扣除非经常性损益前后的净利润孰低为负 值，且 2024 年度实现扣除与主营业务无关的业务收入后营业收入将低于人民币 1 亿元，根据《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》（以 下简称"《股票上市规则》"）的有关规定，公司股票于 2025 年 5 月 6 日起被 实施退市风险警示。若公司出现《股票上市规则》第 12.4.10 条规定的情形，公 司股票可能被上海证券交易所终止上市。请广大投资者注意投资风险。 一、可能被终止上市的原因 证券代码：688511 证券简称：*ST天微 公告编号：2026-003 四川天微电子股份有限公司 关于公司股票可能被终止上市的风险提示公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 三、其他事项 公司于同日披露了《2025 年年度业绩预盈公告》(公告编号 ...

| 四川华信(集团)会计师事务所 │地址:成都市洗面桥街 18 号金茂礼都南 28 楼 | | --- | | 电话:(028) 85560449 | | (特殊普通合伙) 传真:(028) 85560449 | | 邮编:610041 | | ＳＩ CHUAN HUA ＸＩＮ (GROUP) CPA（LLP） 电邮: schxzhb@hxcpa.com.cn | 关于四川天微电子股份有限公司 因财务类退市指标被实施退市风险警示情形 预计将消除的预审计情况专项说明 川华信专 2026 第 0013000 号 目录: 1、专项说明报告正文 四川天微电子股份有限公司 专项说明 关于四川天微电子股份有限公司因财务类退市指标被实施退 市风险警示情形预计将消除的预审计情况专项说明 川华信专 2026 第 0013000 号 四川天微电子股份有限公司 专项说明 (此页无正文,为四川天微电子股份有限公司 2025 年度因财务类指标涉及退市风险警示 有关情形消除预审计情况的专项说明之签字盖章页。) 四川特 师事务所 四川天微电子股份有限公司: 我们接受委托,对四川天微电子股份有限公司(以下简称天微电子公司)2025 年度财务 ...

Core Viewpoint - The announcement highlights significant trading risks associated with Sichuan Tianwei Electronics Co., Ltd. due to its high price-to-earnings (P/E) ratio compared to the industry average, alongside potential delisting risks stemming from financial performance issues in the previous fiscal year [2][7]. Market Trading Risks - As of January 6, 2026, the company's stock closed at 31.49 CNY per share, with a recent increase in price leading to a P/E ratio of 541.99, which is substantially higher than the defense equipment industry average P/E of 106.09 [2][4]. - Investors are advised to make cautious and rational decisions due to the significant volatility in the stock price [4][5]. Financial Performance Risks - The company disclosed that for the fiscal year 2024, it reported a negative net profit attributable to shareholders after deducting non-recurring gains and losses, and its revenue from core business activities fell below 100 million CNY, triggering a delisting risk warning effective May 6, 2025 [2][7]. Product Pricing Risks - A portion of the company's main products has not completed military pricing reviews, which may lead to fluctuations in operating performance due to uncertainties in the final approved prices compared to provisional prices [3][8]. - The military pricing review process is lengthy, and any significant downward adjustments in approved prices relative to provisional prices could adversely affect the company's financial results [3][8]. Revenue Adjustment Risks - The company’s system products, primarily military fire extinguishing and explosion suppression systems, are recorded at provisional prices until military approval is obtained. Any discrepancies between provisional and final prices will necessitate revenue adjustments, which could impact financial performance [3][8].

四川天微电子股份有限公司 关于股票交易风险提示的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 截至 2026 年 1 月 6 日，四川天微电子股份有限公司（以下简称"公司"） 股票收盘价格为 31.49 元/股，近期涨幅较大，市盈率为 541.99 倍。根据中证指 数有限公司发布的国防装备行业市盈率为 106.09 倍。公司市盈率明显高于行业 平均市盈率水平。敬请广大投资者审慎理性决策，注意二级市场交易风险。 证券代码：688511 证券简称：*ST 天微 公告编号：2026-001 公司于 2025 年 4 月 30 日披露了《关于实施退市风险警示暨停牌的公告》 （公告编号 2025-026），公司因 2024 年度实现归属于上市公司股东的扣除非经 常性损益前后的净利润孰低为负值，且 2024 年度实现扣除与主营业务无关的业 务收入后营业收入低于人民币 1 亿元，根据《上海证券交易所科创板股票上市 规则》（以下简称"《股票上市规则》"）的有关规定，公司股票于 2025 年 5 月 6 日起被实施退 ...