Core Viewpoint - Tonghua Grape Wine Co., Ltd. has been placed under "other risk warning" due to violations of the Shanghai Stock Exchange listing rules, necessitating monthly disclosures of related progress and risks [1][2]. Group 1: Risk Warning Implementation - The company triggered the "other risk warning" due to specific conditions outlined in the Shanghai Stock Exchange listing rules, leading to the implementation of this warning [1]. - The company will disclose updates on the risk warning monthly, as per the revised listing rules [1]. Group 2: Legal and Financial Issues - The company has faced legal challenges, including an arbitration case involving a former actual controller, with a claim amounting to 306.3 million yuan [2][3]. - The arbitration tribunal ruled that the company's guarantee to Dalian Dinghua was invalid, but the company must bear a compensation responsibility within a certain range [3]. - The company has made provisions for expected liabilities related to the arbitration and has initiated legal action against the former actual controller for damages [3]. Group 3: Operational Status - As of the announcement date, the company's production and operations are reported to be normal, and it will continue to provide timely updates on the situation [3].

Core Viewpoint - The legal opinion letter indicates that Shenzhen Tongzhou Electronics Co., Ltd. has resolved the conditions that led to the implementation of delisting risk warnings and other risk warnings, allowing the company to apply for the removal of these warnings from its stock trading status [3][10][17]. Group 1: Company Financial Performance - The audited net profit for the year 2023 was negative, and the operating revenue was below 100 million yuan, triggering delisting risk warnings [3][5]. - For the year 2024, the company reported a net profit of 69,609,438.04 yuan and an operating revenue of 599,444,121.84 yuan, indicating a significant recovery [6][15]. - The company’s net assets as of December 31, 2024, were reported at 87,079,501.17 yuan, showing improvement in financial stability [6][7]. Group 2: Risk Warnings and Resolutions - The company faced delisting risk warnings due to negative net profits over three consecutive years and uncertainty in its ability to continue operations [3][10]. - The company has resolved the issues leading to the delisting risk warnings and has submitted an application to the Shenzhen Stock Exchange for their removal [10][11]. - Other risk warnings were also addressed, with the company confirming that frozen funds amounted to only 710,100.23 yuan, which is negligible compared to its total net assets [6][11]. Group 3: Compliance with Regulations - The company has complied with the Shenzhen Stock Exchange's regulations, demonstrating that it does not meet any of the conditions for continued delisting risk warnings [10][17]. - The legal opinion confirms that the company has maintained effective internal controls and has not faced any significant financial reporting issues [9][13]. - The company has fulfilled its disclosure obligations and has not received any administrative penalties related to its financial reporting [16][17].