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Tianwei Microelectronics' first-half net profit plunges 94% as delivery constraints arise from ongoing qualification renewal reviews
① In the first half of 2026, Tianwei Microelectronics reported revenue of RMB 29.5274 million (a year-on-year decrease of 64.85%) and net profit attributable to shareholders of RMB 1.6325 million (a year-on-year decrease of 94.12%), with net profit excluding non-recurring items standing at negative RMB 5.293 million; ② The primary reason is that certain military-related qualifications are undergoing renewal and scope expansion reviews, temporarily preventing the acceptance and delivery of some products; ③ Operating cash flow turned significantly positive to RMB 80.5708 million, while R&D expenditure accounted for 35.99% of revenue.
Tianwei Electronics: Summary of the 2026 Semi-Annual Report
Tianwei Electronics: 2026 Semi-Annual Report
Tianwei Microelectronics (688511.SH) reported a net profit of RMB 1.6325 million in the first half of the year, a year-on-year decline of 94.12%.
Gelonghui, August 28 — Tianwei Electronics (688511.SH) released its 2026 interim report, showing that the company achieved operating revenue of RMB 29.5274 million in the first half of the year, a year-on-year decrease of 64.85%; net profit attributable to shareholders of the parent company was RMB 1.6325 million, a year-on-year decrease of 94.12%; and net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was negative RMB 5.293 million.
Express News | Nearly 30 A-share listed companies disclosed their latest announcements on mergers and acquisitions this week; Huaxin Building Materials plans to acquire HPI equity in stages.
According to Caixin’s incomplete statistics, as of the time of writing, 29 A-share listed companies—including Huaxin Building Materials, Tianhai Defense, Airun Software, Zhenlan Instruments, Hengwei Technology, Nangrid Technology, BDStar Navigation, Hairong Technology, Agricultural Products, Fumei Technology, Yangtze Optical Fibre and Cable, HanYi Co., Ltd., ST Jihua, Tianwei Electronics, China Resources Double-Crane, Scientz Biotech, Zhao Ri Technology, Hailiang Co., Ltd., Suzhou Tianmai, Tinavi, Sunshine Nuohuo, Sanyou Chemical, CIMC, Daimei Shares, *ST Jiyou, Orient Securities, Jingliang Holdings, Huakai Yibai, and Landun Optoelectronics—released updated announcements this week (July 27–August 2) regarding progress on mergers and restructurings. Among them, Huaxin Building Materials announced today its plan to acquire HPI equity in phases. Zhao Ri Technology disclosed on Friday that it is planning a change in corporate control, and its shares will remain suspended from trading starting at market open on August 3.
Tianwei Electronics: Voluntary Disclosure Announcement Regarding the 2026 Semi-Annual Performance Forecast