SHENGDA FORESTRY(SZ:002259) Xi Niu Cai Jing·2025-07-22 08:25Group 1 - The core issue involves a legal dispute stemming from 2019, where the company failed to disclose significant guarantees, related transactions, and litigation matters, leading to administrative penalties from the Sichuan Securities Regulatory Bureau [2] - In August 2024, the Chengdu Intermediate People's Court ruled that the company must compensate 195 plaintiffs a total of 21.75 million yuan, a decision upheld by the Sichuan High Court [3] - The company has recognized this case in its estimated liabilities, indicating that the judgment will not affect current profits, although legal risks remain due to ongoing litigation [2][3] Group 2 - The company recently lifted its risk warning status, changing its stock name from "ST Shengda" back to "Shengda Forestry," following issues related to the controlling shareholder's financial troubles in 2018 [4] - Financially, the company reported a revenue of 733 million yuan and a net profit of approximately 11.99 million yuan in 2024, marking a significant year-on-year increase of 1190.67% [4] - In Q1 2025, the company achieved a revenue of 230 million yuan and a net profit of about 11.37 million yuan, reflecting year-on-year growth of 52.20% and 177.20% respectively [4] - The annual report warns of ongoing legal risks due to historical issues, predicting that significant litigation risks will persist into 2025 [4]