What are the adverse consequences if the patent is not approved? What are the adverse effects of cooperating with others and putting other people's unapproved patents into production?

The risk you take is that if the patent application is rejected, your product will no longer have patent protection. And if you have produced and sold it, it means that the technology has become a public technology. Then you can only: either pay for another review and have the patent approved; or improve the product and submit a new patent application.