Core Viewpoint - The company *ST Tongzhou is set to remove its delisting risk warning and change its stock name to Tongzhou Electronics, indicating a significant recovery in its financial status and stock performance [1][2]. Financial Performance - For the fiscal year 2024, the company reported an operating income of 599 million yuan, representing a year-on-year growth of 155.52% [1]. - The net profit attributable to shareholders reached 70 million yuan, marking a 193.13% increase compared to the previous year [1]. - The net assets attributable to shareholders stood at 87 million yuan, showing a remarkable growth of 930.83% year-on-year [1]. Stock Market Activity - The company's stock price has surged over 160% since early March 2023, reflecting strong market performance [1]. - The stock will have a daily price fluctuation limit of 10% after the removal of the delisting risk warning [1]. Business Segments - The company operates in two main business segments: the energy sector, which includes lithium batteries and energy storage solutions, and the set-top box sector, which encompasses satellite reception equipment and smart home solutions [2][3]. - The company is actively investing in the energy market, focusing on technology research and development, production, and sales to explore new growth opportunities [3].
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