Core Viewpoint - The company, Modern Avenue Fashion Group Co., Ltd., is applying to revoke its risk warning status and continue to be subject to delisting risk warning due to previous violations and financial issues [1][2][3][4][5] Group 1: Board Meeting and Resolutions - The sixth board meeting of the company was held on July 2, 2025, where the board approved the proposal to apply for the revocation of other risk warnings and continue to be subject to delisting risk warnings [1] - The meeting was conducted in accordance with the Company Law and the company's articles of association, with all necessary legal procedures followed [1] Group 2: Legal Opinions and Compliance - The company received a legal opinion from Beijing Tianyuan Law Firm stating that the previous violations regarding guarantees have been resolved, and thus, the company believes it meets the requirements to revoke the risk warning [2] - An internal control audit report from Guangdong Sinong Accounting Firm confirmed that the issues leading to non-standard audit opinions have been addressed, supporting the company's application for revocation of the risk warning [2] Group 3: Financial Status and Regulatory Compliance - The company faced administrative penalties due to false statements in its 2021 annual report and has since restated its financial reports for the affected years [3] - As of the announcement date, the company still faces delisting risk due to negative financial performance, with audited profit and revenue figures falling below regulatory thresholds [4][5]