Investors' claims amount has exceeded 100 million yuan

time:2022-09-29 07:51:44 source:clevelanddrifters.com author:Individual stock analysis
Investors' claims amount has exceeded 100 million yuan

The reporter of "Investment Express" recently learned from the rights protection lawyers that the accumulative amount of claims for rights protection by investors of A-share listed company Fushun Special Steel (600399) has exceeded 100 million yuan, and some investors have successfully received compensation. Only one hundred days left. A few days ago, Fushun Special Steel released its 2022 semi-annual report. The report mentioned the progress of investor claims litigation. As of the date of disclosure of the semi-annual report, the company has received a total of "response to the lawsuit" from the Shenyang Intermediate People's Court regarding the dispute over liability for securities misrepresentation. A total of 3,475 cases have been filed with the Company’s “Notice” and related legal documents, and the total amount of claims involved in disputes over the liability of the plaintiffs against the company for false representations in securities has been accepted by the court is RMB 263,808,600. The court has concluded the trial of the above-mentioned 2,662 cases and made a first-instance judgment. The total amount of compensation that the company should pay is 82,897,700 yuan. At the same time, 813 cases were mediated, and the mediation company should compensate 18,996,300 yuan. The company has paid compensation to 3,400 of its shareholders. Attorney Liu Peng, the chief lawyer of Shanghai Huzi Law Firm, told the reporter of Investment Express: "Most of the investors we represent have successfully obtained compensation for the false statement case against Fushun Special Steel Securities, and the time limit for claiming this case is only left. After 100 days, there is basically no possibility of compensation after the time limit is exceeded, and qualified investors should not miss it." On December 26, 2019, the company received the "Decision on Administrative Penalty" and "Decision on Market Entry Ban" from the China Securities Regulatory Commission. The China Securities Regulatory Commission determined that the third quarter reports of Fugang Steel Company from 2010 to 2017 had different degrees of false records and issued administrative penalties, and the China Securities Regulatory Commission took it as a typical case of violations in 2019. After the administrative penalty was issued, a large number of investors sued the company to the Shenyang Intermediate Court on the grounds of securities misrepresentation, and demanded compensation from the company. At present, the court in this series of cases has issued an effective judgment, ruling that the company should be liable for some of the investors' losses. , according to the judgment and relevant regulations, the investor bought Fushun Special Steel from April 14, 2011 to January 30, 2018, and sold or continued to hold it on and after January 31, 2018 and lost money , you can pay attention to the public account of "Shareholders' Claims Treasure" to participate in litigation and claim consultation and registration. In terms of performance, according to the semi-annual performance report released by the company, the operating income in the first half of 2022 is about 3.815 billion yuan, a year-on-year increase of 1.24%; the net profit attributable to shareholders of the listed company is about 183 million yuan, a year-on-year decrease of 57.5%; basic per share The income was 0.09 yuan, a year-on-year decrease of 59.09%. The report shows that in the first half of 2022, the company will make breakthroughs in product certification, localization substitution, visits and exchanges in scientific research institutes, and key contract management and control, to further promote technical marketing and new product development, seize the market frontier, and increase the company's product market share; at the same time Taking the first trial production of new products, tackling key technical quality, benchmarking improvement, innovation and efficiency, and process standardization as the starting point, we will carry out in-depth product research and development innovation and process innovation and efficiency work to enhance the company's profitability and market competitiveness. During the reporting period, the company achieved a steel output of 321,400 tons, a year-on-year decrease of 15.96%, and a steel output of 236,300 tons, a year-on-year decrease of 22.87%. As long as the lawsuit is filed, there is a high probability of being compensated. For investors who meet the requirements for claiming, joining the shareholder compensation team in time to protect their rights is a right granted by the law to the shareholders, and it can also help the shareholders to make up for their losses. Damaged shareholders should participate in the claim through the shareholder's claim treasure website or public account in a timely manner, safeguard their legitimate rights and interests through legal channels, and recover their investment losses as much as possible.

(Responsible editor:Individual stock recommendation)