Tianwei Electronics expects net profit attributable to owners of the parent company for the first half of the year to be approximately 1.63 million yuan, a year-on-year decline of 94.12%. The company disclosed that because a certain military qualification certificate is undergoing renewal review and product scope expansion review, the existing qualification scope has not fully covered all regulated products, resulting in some products temporarily not meeting acceptance and delivery conditions. The delivery cycle has been extended, and the contract value completed for acceptance and delivery in the current period has decreased year-on-year, with operating revenue of about 29.53 million yuan. At the same time, period expenses increased and asset impairment loss provisions rose. Net profit after deducting non-recurring gains and losses was approximately negative 7.43 million yuan. In addition, commercial acceptance bills received in the second half of 2025 matured and were honoured, and the reversal of credit impairment losses increased total profit by about 12.82 million yuan, but the company remains in a slight loss overall. Director and Deputy General Manager Chen Congyu has decided to terminate the share reduction plan early. As of July 30, his total shareholding was 316,319 shares, accounting for 0.2366% of the total share capital. In the secondary market, Tianwei Electronics closed at 19.29 yuan on July 30, with the share price falling 36% during the month.
Sichuan Tianwei Electronic Co LtdMilitary qualification certificate renewal and scope expansion delay deliveries, causing 94% net profit drop.