Tian Microelectronics (688511.SH) stated on its interactive platform on June 13 that the company's business and production and sales are proceeding in an orderly manner as planned. The company does not have a situation where its performance has declined year by year. The company's operating income in 2023 increased by 26.84% compared with the same period in 2022. The reason for the fluctuation in performance is that the company's main product, the fire extinguishing and explosion suppression system, as a subsystem of the whole vehicle, is affected by the annual task of the whole vehicle. In addition to the existing military market, the company responded to the dual transfer and transformation of military-civilian technology, vigorously developed the civilian business market, accelerated the development of civilian business, actively promoted the application of civil system products, and increased development in the fields of civil defense command center, wind power, lithium-ion battery protection, urban fire protection, and other fields. Previously, based on more than 20 years of technical accumulation in the field of protection segmentation, the company developed an AI-based intelligent safety protection system for centralized charging of electric bicycles, which is currently in trial operation in Shuangliu but has not yet generated revenue. The company will timely disclose information according to the progress of various business areas. Please be cautious in making investment decisions and pay attention to investment risks.