Core Viewpoint - Shenzhen Tongzhou Electronics Co., Ltd. has attracted attention in the capital market due to a series of investor lawsuits and the risk warning of stock delisting, following a court's acceptance of multiple lawsuits related to false statements made by the company [1][3]. Group 1: Legal Issues - The company has received multiple "Notice of Response" documents from the Shenzhen Intermediate People's Court, indicating that 340 investors have filed lawsuits against it for securities false statement liability, with a total claim amount of 23.57 million yuan [1]. - The lawsuits stem from an administrative penalty issued by the China Securities Regulatory Commission in July 2021, which led to a wave of investor claims [1]. - As of June 10, 2025, the company has paid a total of 15.65 million yuan in compensation to investors, with the number of cases settled increasing [2]. Group 2: Stock Performance and Risk Warnings - The company faced delisting risk warnings due to negative net profit and revenue below 100 million yuan, but improved financial conditions in 2024 allowed it to apply for the removal of risk warnings, which was approved on April 21, 2025 [3]. - Following the removal of risk warnings, the company's stock was reinstated on June 17, 2025, with the stock name changing from "*ST Tongzhou" to "Tongzhou Electronics" and a price fluctuation limit of 10% [2][3]. Group 3: Company Background and Market Position - Established in February 1994, the company primarily produces and sells set-top boxes and was once hailed as the "first stock of digital television" after its listing in June 2006 [3]. - The company's market value peaked at 21.97 yuan per share in June 2015 but fell to 0.8 yuan per share before recovering to 11.33 yuan per share in June 2024, with a market capitalization of 8.45 billion yuan, approximately half of its peak value [3]. - The founder, Yuan Ming, was once referred to as the "Eastern Jobs," but the company confirmed his disappearance in 2020 [3].
340人追讨2356万!深圳一公司最新公告!曾是“数字电视第一股”