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Xu Feng, a lawyer from Shanghai Jiucheng Law firm, suggested that the investor claim caused by the false statement of Guidong Electric Power (600310) is still in progress and is still within the statute of limitations. Investors who are damaged by false statements can also file claims. Investors, please pay attention. (lawyer Xu Feng's column)

On January 5, 2023, Guidong Electric Power announced that it received the Administrative penalty decision of Guangxi Regulatory Bureau of Securities Regulatory Commission. It was found out that the illegal facts of Guidong Electric Power are as follows.Linglinpoker:

1. There are false records in the 2019 annual report

Guidong Electric Power's annual report of 2019 falsely increased operating income 3Linglinpoker, 542363462.84 yuan, and falsely increased operating costs by 3552059114.29 yuan, accounting for 13.39% and 14.07% of the disclosed operating income and operating costs respectively.

II. There are major misstatements in the semi-annual report of 2020

There was a major misstatement in the semi-annual report of Guidong Electric Power in 2020. The trading business carried out by the subsidiaries Yongsheng Petrochemical, Hengrun Zhubang and Guangdong Guisheng New Energy Technology Co., Ltd. recorded more than 3286194800.58 yuan in operating income and 3286194800.58 yuan in operating costs, accounting for 28.95% and 30.16% of the disclosed operating income and operating costs, respectively, which constitute a false record. The above data have been carried out in the annual report for 2020.LinglinpokerIt's been adjusted.

Lawyer Xu Feng believes that based on the above information, investors who buy shares and bonds of Guidong Electric Power between April 15, 2020 and January 6, 2022, and sell or continue to hold stocks and bonds after January 6, 2022, can also file claims. (entrance to Guangxi Energy Rights Protection)

ExceptLinglinpokerIn the Guidong Electric Power claim case, on the evening of May 16, 2024, Huawei Electronics (600360) announced that it received a "case notice" from the Securities Regulatory Commission on May 16, 2024, because the company was suspected of violating laws and regulations in information disclosure. According to the Securities Law, Administrative punishment Law and other laws and regulations, the Securities Regulatory Commission decided to file a case against the company.

Lawyer Xu Feng, director of Shanghai Jiucheng Law firm, believes that investors who buy Huawei Electronics shares before April 30, 2024 and sell or hold shares after April 30, 2024, are ready to file claims, and the claim conditions will be adjusted according to the progress of the CSRC investigation. Investors are advised to keep an eye on. (ST Huawei rights protection entrance)

(this article is contributed by lawyer Xu Feng, director of Shanghai Jiucheng Law firm, and does not represent Sina's financial position. Lawyer Xu Feng, who has been a lawyer since 2008, has been a claim agent in the field of securities fraud, such as misrepresentation, insider trading, market manipulation and so on. Over the past ten years, investors who have represented nearly 200 stocks have won the case or obtained compensation through mediation, and in the same period, they have also won or mediated claims for nearly 300 stocks within the limitation of action, and some of them have already won the case and obtained compensation through mediation. License No.: 13101200810965495)