--- title: "Sichuan Tianwei Electronics: The stock may be subject to delisting risk warning" type: "News" locale: "en" url: "https://longbridge.com/en/news/225366495.md" description: "Sichuan Tianwei Electronics announced that it expects a net profit of -20 million to -14 million yuan for 2024, with a net profit of -28 million to -19 million yuan after deducting non-recurring gains and losses, and operating revenue of 74 million to 91 million yuan. If the audited net profit is negative and operating revenue is below 100 million yuan, it will trigger delisting risk warning conditions, which may be implemented after the 2024 annual report" datetime: "2025-01-17T14:19:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225366495.md) - [en](https://longbridge.com/en/news/225366495.md) - [zh-HK](https://longbridge.com/zh-HK/news/225366495.md) --- # Sichuan Tianwei Electronics: The stock may be subject to delisting risk warning According to the announcement from Sichuan Tianwei Electronics (688511.SH), after preliminary calculations by the company's finance department and communication with the annual audit accountant, it is expected that the net profit attributable to the parent company's owners for the year 2024 will be between -20 million yuan and -14 million yuan; the net profit attributable to the parent company's owners after deducting non-recurring gains and losses is expected to be between -28 million yuan and -19 million yuan; the operating revenue for the year 2024 is expected to be between 74 million yuan and 91 million yuan, and the operating revenue after deducting income unrelated to the main business and income without commercial substance is expected to be between 71.3 million yuan and 87.8 million yuan. It is reported that if the lower of the audited net profit before and after deducting non-recurring gains and losses is negative, and the operating revenue after deducting income unrelated to the main business and income without commercial substance is less than 100 million yuan, it will trigger the situation of implementing delisting risk warnings for the company's stock as stipulated in Article 12.4.2, Paragraph 1, Item (1) of the Shanghai Stock Exchange's Listing Rules for the Science and Technology Innovation Board: "If the lower of the audited total profit, net profit, or net profit after deducting non-recurring gains and losses for the most recent accounting year is negative and the operating revenue is less than 100 million yuan, or if the retrospectively restated total profit, net profit, or net profit after deducting non-recurring gains and losses for the most recent accounting year is negative and the operating revenue is less than 100 million yuan." The company's stock may be subject to delisting risk warnings after the disclosure of the 2024 annual report (with the prefix \*ST before the company's stock abbreviation) ### Related Stocks - [688511.CN](https://longbridge.com/en/quote/688511.CN.md) ## Related News & Research - [Explained: What are bond yields and why markets watch them closely?](https://longbridge.com/en/news/287168006.md) - [IRAN REBUILDING MILITARY INDUSTRIAL BASE FASTER THAN EXPECTED, ALREADY PRODUCING DRONES, ACCORDING TO US INTEL - REPORTS](https://longbridge.com/en/news/287175613.md) - [Flow Pharma U.S. Patent Application Allowed for Issuance Covering Broad-Spectrum Ebola Therapy](https://longbridge.com/en/news/287076761.md) - [Roger Stone allegedly threatened political retribution against Cuomo brothers, others in text messages](https://longbridge.com/en/news/286942036.md) - [Concerns Grow Over Nuclear Safety After Drone Strike On UAE Nuke Plant](https://longbridge.com/en/news/287064186.md)