doubledownstudvideopoker| Case progress: Funds occupation again!* ST Haiyue (600387) shareholder claims may be mediated

Log in to Sina Finance APP to search [Xinpi] to see more evaluation levels.

Recently, Zhao Jingguo's team of lawyersDoubledownstudvideopokerThe dispute over liability for securities misrepresentation between investors in Haiyue Energy Group Co., Ltd. (hereinafter referred to as "ST Hai Yue (rights protection)" or "the company") has ushered in new progress, and the court is organizing mediation between the original and the defendant. The case is a claim case filed by investors in accordance with administrative supervision measures against the illegal occupation of non-operating funds by Haiyue Energy Company's controlling shareholders and their related parties. Zhao Jingguo, a lawyer from Shanghai Xinben Law firm (license No.: 13101200410820485), suggests that investors who buy and have positions during the period from April 15, 2022 to April 28, 2023, regardless of whether they are sold after April 29, 2023, can voluntarily register claims through the "Sina shareholder Rights Protection platform". (Zhao Jingguo lawyer column)

About Haiyue energy information disclosure violation case. On April 29, 2023, Haiyue Energy Company issued a reminding announcement on the occupation of funds by its controlling shareholders and their related parties. The company found that during the reporting period, the controlling shareholders and their related parties transferred funds to related parties through suppliers to form the occupation of non-operating funds. On June 6, 2023, Haiyue Energy issued the announcement of Haiyue Energy on receiving the decision on Administrative measures of Zhejiang Administration of China Securities Regulatory Commission. It is clearly stated that the company has received the decision on administrative supervision measures of Zhejiang Regulatory Bureau of China Securities Regulatory Commission (hereinafter referred to as Zhejiang Securities Regulatory Bureau) [2023] No. 36) "on Haiyue Energy Group Co., Ltd., Tongchuan Huineng Xin Energy Co., Ltd., Wang Bin, Zeng Jia to take warning letter measures", after investigation, Haiyue Energy has the following violations: first, the occupation of non-operating funds has not been disclosed in a timely manner. Second, the disclosure of financial information is not accurate. On October 10, 2023, Haiyue Energy issued the announcement of Haiyue Energy on receiving the written decision on Administrative Supervision measures of Zhejiang Regulatory Bureau of China Securities Regulatory Commission. The company received the written decision on administrative regulatory measures of Zhejiang Securities Regulatory Bureau ([2023] No. 125) "decision on issuing warning letters to Haiyue Energy Group Co., Ltd., Tongchuan Huineng Energy Co., Ltd., Wang Bin, Zeng Jia and Cheng Zhiwei". Haiyue Energy has the following violations: first, failure to disclose the occupation of non-operating funds in accordance with the regulations Second, the financial data disclosure is not accurate. Zhao Jingguo, a lawyer from Shanghai Xinben Law firm, believes that investors who buy and hold positions during the period from April 15, 2022 to April 28, 2023, regardless of whether they sell after April 29, 2023, can file a claim.

There has been more than one violation of the occupation of funds by Haiyue Energy controlling shareholders. On April 20, 2024, Haiyue Energy released its 2023 annual report and issued a "suggestive announcement on the occupation of funds by the company's controlling shareholders and their related parties" on the same day, which stated that during the 2023 audit, Haiyue Energy found that during the reporting period, the company's controlling shareholders and their related parties borrowed funds from suppliers to related parties to form the occupation of non-operating funds. As of the date of disclosure of this announcement, the balance of funds occupied is 1414.Doubledownstudvideopoker820,000 yuan.

Xinben shareholder claim team reminded that Haiyue Energy shareholder claim case may reach mediation again, so investors who suffer damage can voluntarily initiate claim registration. (ST Hai Yue rights protection entrance)

Conditions for safeguarding rights:

Haiyue Energy: bought and held positions between April 15, 2022 and April 28, 2023, regardless of whether it is sold after April 29, 2023 (the specific scope of compensation shall be determined by the court)

(this article is contributed by Zhao Jingguo, a partner of Shanghai Xinben Law firm, and does not represent the views of Sina Finance. Zhao Jingguo, a lawyer who qualified as a lawyer in 1999, has a solid knowledge of legal theory and has taught in colleges and universities. He has been practicing as a lawyer since 2004, has undertaken more than a thousand litigation cases, and has accumulated a wealth of dispute handling experience, especially good at dealing with securities disputes, finance, non-performing assets and other business. Since practice, Zhao Jingguo, a lawyer, has represented investors in a number of claims against listed companies. The cases that have won or have been compensated include Zhonganke claim, Zhongbing Hongjian claim, Busen clothing claim, Zhongqian share claim, Aurid claim, Zhangzi Island claim, Tianshen Entertainment claim, Fushun Special Steel claim, Fei Le Audio claim, Xiangyi Rongtong claim, Yan'an Bikang claim, Huanrui Century claim and so on. )