Sky Arrow Technology: It is expected that the revenue will be negative in 2025, and the stock may be subject to delisting risk warnings.

Tianjian Technology announced that it is expected to incur a total loss of profit of 170-242 million yuan in 2025, with a net loss attributable to shareholders of the listed company of 176-250 million yuan, a non-GAAP net loss of 176-250 million yuan. It is projected that the operating income will be -141 to -201 million yuan, and the adjusted operating income will be -141 to -201 million yuan. According to regulations, after the disclosure of the 2025 annual report, the company's stock trading may be subject to delisting risk warning. If the relevant conditions are met, the company's stock will be suspended for one day, and a delisting warning will be implemented after resumption of trading.