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Tianwei Electronics: 2024 Annual Results Report Announcement
2024 Annual Results Express Announcement
Tianwei Electronics (688511.SH): Net loss of 19.5573 million yuan for the 2024 fiscal year.
Gelonghui, on February 27, announced that Tianwei Electronics (688511.SH) released its performance report for the fiscal year 2024. During the reporting period, the company achieved a total operating revenue of 81.4572 million yuan, a year-on-year decrease of 42.02%, and a total profit of -23.3914 million yuan, a year-on-year decrease of 141.22%; the net income attributable to the shareholders of the parent company was -19.5573 million yuan, a year-on-year decrease of 139.35%; the net income attributable to the shareholders of the parent company, after deducting non-recurring gains and losses, was -25.2572 million yuan, a year-on-year decrease of 189.10%.
Tianwei Electronics (688511.SH): The subsidiary Chengdu Tianwei intends to increase capital and expand shares.
On January 21, Gelonghui reported that Tianwei Electronics (688511.SH) announced that Chengdu Tianwei is currently a wholly-owned subsidiary of the company and has no substantial business at present. In order to better layout the Civilian Business and accelerate its development, to align with the company's medium and long-term Global Strategy, optimize Chengdu Tianwei's Shareholder structure, and promote the introduction of future strategic investors and market-oriented operations, while also enhancing the motivation and cohesion of the company's and subsidiary's operation management teams, an investment platform will be introduced through capital increase and share expansion. This investment platform consists of Tianwei Electronics' technical personnel, management, key employees, as well as proposed technical personnel, management, and key employees who will join Chengdu Tianwei.
Received a regulatory letter from the Shanghai Stock Exchange? Tianwei Electronics responded: it is related to the expected performance loss, and Stocks may be subject to (Delisted) risk warning.
① The annual report Company Business Data of Tianwei Electronics for 2024 may be difficult to meet the combination of Financial Indicators, and the company's Stocks may be subject to Delisted risk warnings; ② Industry representatives indicate that risk warnings are meant to specifically alert investors to risks, and their ultimate purpose is to address the significant issues faced by listed companies, rather than to expedite Delisting.
2024 Annual Results Advance Loss Announcement
Sichuan Tianwei Electronic Co.,Ltd.'s (SHSE:688511) Shares Climb 30% But Its Business Is Yet to Catch Up
