Chengdu Tianjian Technology Co Ltd

*ST Tianjian disclosed its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 14.69 million yuan, down 78.28 percent year on year. Net profit attributable to the parent company was a loss of 1.99 million yuan, compared with a loss of 6.58 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 2.09 million yuan, compared with a loss of 6.81 million yuan a year earlier. Net cash flow from operating activities was 8.64 million yuan, compared with negative 42.98 million yuan in the prior-year period. Basic earnings per share were negative 0.0165 yuan, and the weighted average return on equity was negative 0.23 percent. The company is a high-tech enterprise specializing in the research, development, production and sales of high-band, high-power solid-state microwave front-ends. As of the first half of 2026, notes receivable and accounts receivable decreased 37.04 percent from the end of the previous year, cash and bank balances increased 1.49 percent, inventories increased 9.22 percent, and long-term equity investments decreased 14.84 percent.