On the last day of 2021, Jiangsu Hongtu High Technology Co.Ltd(600122) released the information that the company and its controlling shareholder sanbo group were filed for investigation by the CSRC because of “suspected violation of information disclosure”.
” Jiangsu Hongtu High Technology Co.Ltd(600122) is likely to be suspected of misrepresentation.” Lawyer Wang Zhibin of Shanghai Minglun law firm told the reporter of Securities Daily. In addition, some people in the industry who did not want to sign mentioned when communicating with the reporter of Securities Daily that the restructuring plan of Sanxian group was officially voted through at the end of 2021. The company was put on file for investigation, which also attracted the attention of the industry again.
damaged investors have the opportunity to claim
According to the announcement of Jiangsu Hongtu High Technology Co.Ltd(600122) , the CSRC decided to file a case against the company in accordance with the securities law of the people’s Republic of China, the administrative punishment law of the people’s Republic of China and other laws and regulations due to suspected illegal information disclosure; Sanbo group, the controlling shareholder of the company, also received the notice of filing a case from the CSRC. Due to the suspected violation of laws and regulations related to Jiangsu Hongtu High Technology Co.Ltd(600122) , the CSRC decided to file a case against sanbo group in accordance with the securities law of the people’s Republic of China, the administrative punishment law of the people’s Republic of China and other laws and regulations. “The company and sanbo group will actively cooperate with the work of the CSRC and fulfill the obligation of information disclosure in strict accordance with the regulatory requirements.”
In this regard, according to Wang Zhibin’s analysis, the CSRC generally starts the investigation procedure only when it has mastered relatively specific clues of violations, Jiangsu Hongtu High Technology Co.Ltd(600122) has been filed for investigation by the CSRC due to violations of information disclosure, which means that the company is very likely to be suspected of misrepresentation. “After the CSRC issues a formal decision on administrative punishment, the injured investors have the opportunity to file a claim lawsuit.”
As for the scope of claimable investors, Lawyer Wang Zhibin analyzed the reporter of Securities Daily. As of December 31, 2021, investors holding Jiangsu Hongtu High Technology Co.Ltd(600122) have preliminary claim qualification, but the specific scope of claim can be further confirmed only after the formal punishment of the CSRC is implemented. “The process for investors to participate in litigation is not complicated. After the CSRC’s punishment is implemented, investors only need to provide stock trading records, identity certificates and entrustment documents.”
pay attention to the risk of stock price changes
The official website of sanbo group shows that it has Jiangsu Hongtu High Technology Co.Ltd(600122) , Nanxin Jingbai, Futong electric technology and other enterprises.
In the announcement issued by Nanxin Jingbai, the latest announcement related to Sanxian group was the information that its restructuring plan was officially voted through. At that time, the announcement said, “The company will continue to pay attention to the progress of the restructuring of the controlling shareholders. In the process of promoting the debt restructuring of the controlling shareholders, if there are major matters involving the listed company, the company will timely perform the obligation of information disclosure in accordance with relevant regulations.” The latest announcement of Futong power technology, a new third board enterprise, is a semi annual report.
At present, Sanxian group has been filed for investigation by the CSRC, and there is no sign of involving other enterprises except Jiangsu Hongtu High Technology Co.Ltd(600122) .
On the last trading day of 2021, Jiangsu Hongtu High Technology Co.Ltd(600122) shares closed at the limit. According to the stock price trend of the company in 2021, the cumulative increase has exceeded 100%: at the beginning of 2021, the stock price of Jiangsu Hongtu High Technology Co.Ltd(600122) fell successively, once below 1 yuan, and closed at 2.17 yuan on the last trading day of 2021.
Due to the change of stock price, Jiangsu Hongtu High Technology Co.Ltd(600122) issued a number of announcements in 2021 to remind risks, saying that there are no major changes in daily operation and industrial policies, and there is no major information that should be disclosed but not disclosed. In terms of performance, the unaudited operating income in the first three quarters of 2021 was 1004.5297 million yuan, and the net profit attributable to the shareholders of the listed company was 281.2504 million yuan.
(Securities Daily)
