Sichuan Tianwei Electronic Co.,Ltd.'s (SHSE:688511) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

The Sichuan Tianwei Electronic Co.,Ltd. (SHSE:688511) share price has fared very poorly over the last month, falling by a substantial 27%. The drop over the last 30 days has capped off a tough year

Simply Wall StJul 1 19:08 ET

Some directors and executives of Tian Microelectronics (688511.SH) plan to increase their shareholding in the company by 1.2 million to 2.4 million yuan.

Tian Microelectronics (688511.SH) released an announcement, stating that the company recently received resignation letters from Mr. Zhang Chao, director and general manager, and the...

Zhitong FinanceJul 1 18:49 ET

Some directors and senior executives of Tian Microelectronics (688511.SH) have promised not to reduce their shareholding in the next year.

China Finance App reports that Tian Microelectronics (688511.SH) has announced that the company has received a commitment letter from director and CEO Mr. Zhang Chao, director and deputy CEO Mr. Chen Congyu, CFO Ms. Hou Guangli, and Board Secretary Ms. Yang Qinqin. Based on their confidence in the company's sustained and stable development in the future as well as the long-term investment value of the company's stocks, they voluntarily support the company's continued, stable, and healthy development, and at the same time enhance investor confidence, effectively safeguarding investor rights and the stability of capital markets.

Zhitong FinanceJul 1 18:46 ET

Tian Microelectronics (688511.SH): The actual controller of the company and the director, Ju Wanli, has been put under investigation and placed under house arrest.

Tian Microelectronics (688511.SH) announced that Sichuan Tian Microelectronics Co., Ltd. (hereinafter referred to as the 'company') recently received a 'Filing Notice' issued by a certain National Supervision Commission and a notice from the family of Chairman Ju Wanli, who also received a 'Filing Notice' and a 'Detention Notice' issued by a certain National Supervision Commission. The company's actual controlling shareholder and chairman, Ju Wanli, is under investigation and detained according to relevant laws and regulations. Ju Wanli is temporarily unable to perform his duties as chairman during the detention period. According to Article 114 of the Company's Articles of Association and relevant laws and regulations, if the chairman is unable to perform his duties or fails to perform his duties, he/she shall be replaced by

Gelonghui FinanceJun 30 03:38 ET

Tianwei Electronics (688511.SH): The company has obtained the software enterprise certificate.

Tian Microelectronics (688511.SH) announced on June 28th that it has received the "Software Enterprise Certificate" issued by the China National Software & Service Association. According to relevant national policies, after the software enterprise is recognized, the company will apply to the competent tax authority for relevant tax incentives in accordance with legal procedures, but whether it can enjoy tax incentives will be subject to verification by the competent tax authority. Obtaining the "Software Enterprise Certificate" will have a positive impact on the company's future development, but will not have a significant impact on the company's financial condition and business performance in 2024.

Gelonghui FinanceJun 28 05:39 ET

Tian Microelectronics (688511.SH) has developed an AI-based electric bicycle centralized charging AI smart security protection system.

Tian Microelectronics (688511.SH) stated on the interactive platform on June 13th that the company's operations and production and sales are proceeding orderly according to plan. There is no situation where the performance has declined year by year. The company's revenue in 2023 increased by 26.84% compared to the same period in 2022. The reason for the performance fluctuation is that the company's main product, the fire suppression and explosion suppression system, as a subsystem of the vehicle, is affected by the annual task of the vehicle. In addition to the existing military market, the company responds to the two-way transfer and transformation of military-civilian technology, vigorously develops the civilian product business market, accelerates the development of civilian product business, and actively promotes the application of civilian system products.

Gelonghui FinanceJun 13 06:35 ET