abucardinal3| ST Aokang (603001) advance notice of receipt of penalty, analysis of shareholders 'claims

On April 29th, 2024, 603001ST Aokang (Rights Protection) notice was issued by Zhejiang Regulatory Bureau of China Securities Regulatory Commission.Abucardinal3The letter of advance notice of Administrative punishment, which involves violations includingAbucardinal3Suspected of falsely increasing or decreasing business incomeAbucardinal3Resulting in false records in the annual report from 2016 to 2022. Some investors may have the opportunity to claim compensation.

Xu Jin, a lawyer from Beijing Pacific Century (Shenzhen) Law firm (practice license No. 14403200610948623), believes that according to the new judicial interpretation of misrepresentation of securities, the pre-procedure has been clearly cancelled and investors may file a civil compensation action to protect their legitimate rights and interests due to misrepresentation of listed companies. The scope of claim loss includes loss of investment difference, stamp duty and commission. (lawyer Xu Jin's column)

Provisional conditions of claim:

Impaired investors who bought from April 26, 2022 to April 25, 2023 and sold or still held after April 26, 2023 (finally subject to court decisions). (ST Aokang rights entrance)

The investor should prepare the following materials: a copy of the ID card, the confirmation form of the opening information of the securities account (the original is sealed by the business department of the securities company), the securities trading record (from the first purchase of the stock and affixed with the seal of the business department of the securities company).

(this article is contributed by Xu Jin, a lawyer from Beijing Pacific Century (Shenzhen) Law firm (license No. 14403200610948623) and does not represent the position of Sina Finance. Lawyer Xu Jin is good at defending the rights of shareholders in misrepresentation cases of listed companies. For more than a decade, he has represented investors in suing a number of listed companies for successful claims. )