Sky Arrow Technology: expects a loss of 5.9556 to 11.8223 million yuan in the first half of the year, compared to a profit of 11.1729 million yuan in the same period last year.

Tianjian Technology announced on July 4 that it is expected to have a net loss attributable to the parent company of 5.9556 million to 11.8223 million yuan in the first half of the year, compared to a profit of 11.1729 million yuan in the same period last year. The loss is mainly due to the company's customers having longer payment cycles, resulting in an extension of accounts receivable aging, and the company making provisions for credit impairment losses on existing accounts receivable based on accounting policies. The company's orders were affected by related procurement plans, causing delays in the delivery of some projects, resulting in revenue recognition lower than expected.