Core Viewpoint - The article discusses the recent release of ten cases related to securities false statements by the Shanghai Financial Court and the Shanghai Securities Regulatory Bureau, providing clear guidelines for market participants regarding responsibilities and behaviors that may violate disclosure regulations [3][4]. Group 1: Case Summaries - The ten cases involve several listed companies, including *ST Jintai, Zhong An Ke, Shanghai Electric, and others, as well as delisted companies like退市富控 and *ST Ba'an [4]. - The five judicial cases focus on issues such as "deceptive" share buybacks, the identification of predictive information, and the application of "safe harbor" rules, with examples of both responsible and non-responsible parties [5]. - In the case of *ST Jintai, executives made false promises regarding share buybacks, leading to a court ruling that required them to compensate investors approximately 780,000 yuan [6]. - Shanghai Electric was found liable for failing to disclose performance losses in a timely manner, resulting in a false annual report, and was not granted exemption under the "predictive information safe harbor" rule [6]. - In the Zhong An Ke financial fraud case, three internal directors were held partially responsible for relying excessively on intermediaries, while three independent directors were exempted from liability [6]. - The case involving ST Xingyue highlighted that significant events affecting stock trading could sever the causal link for false statement claims, leading to the rejection of investor compensation requests [7]. Group 2: Regulatory Enforcement - The Shanghai Securities Regulatory Bureau's enforcement cases focus on frequent violations such as "shell protection" financial fraud, performance-related financial manipulation, and insider trading [7]. - Specific cases include violations by *ST Jintai executives regarding share buyback commitments, financial fraud by subsidiaries of Shanghai Shimao, and illegal share reductions by controlling shareholders of Feikai Materials [7]. - The regulatory approach emphasizes strict enforcement and increased penalties for key individuals involved in financial fraud, with notable penalties imposed on executives from退市富控 and *ST Ba'an [10]. Group 3: Legal and Regulatory Developments - Recent judicial practices have introduced new legal issues, including the application of laws across different market segments and the identification of predictive information [9]. - The article highlights the need for clarity in the legal responsibilities of public commitments made by company executives and the importance of not evading disclosure obligations under the guise of predictive information [10]. - The Shanghai Financial Court reported handling 18,040 securities false statement cases with a total amount of 7.646 billion yuan, indicating a significant number of investors involved [11].

Core Viewpoint - The Shanghai Financial Court and the Shanghai Securities Regulatory Bureau have released ten cases related to securities false statements, providing clear guidelines for market participants regarding responsibilities and behaviors that may violate information disclosure regulations [1][2]. Group 1: Key Cases and Responsibilities - The five typical cases of securities false statement responsibility disputes focus on issues such as "deceptive" share buybacks, the identification of predictive information, and the application of "safe harbor" rules [2][5]. - In the case of *ST Jintai, executives were found liable for false statements due to unfulfilled share buyback commitments, resulting in compensation of approximately 780,000 yuan to investors [2][4]. - Shanghai Electric was held responsible for failing to timely disclose performance losses and inaccurately measuring expected credit losses, leading to a false record in its 2020 annual report [2][3]. Group 2: Regulatory Enforcement and Penalties - The Shanghai Securities Regulatory Bureau has emphasized strict enforcement and increased penalties for frequent violations such as financial fraud and misuse of control rights [3][6]. - Notable penalties include a fine of 7.67 million yuan for the controlling shareholder of Feikai Materials for illegal share reductions and a 4 million yuan fine for the chairman of a subsidiary of Shanghai Shihua for financial fraud [6][4]. - The report indicates that as of December 2024, the Shanghai Financial Court has accepted 18,040 cases of securities false statement disputes, with a total amount in dispute of 7.646 billion yuan and 26,956 investors involved [6][7]. Group 3: Legal and Judicial Developments - New types of disputes have emerged in judicial practice, including the legal applicability of different market segments and the identification of responsibilities for predictive information [5][6]. - The report highlights the challenges in civil compensation cases related to false statements, particularly in the context of ongoing administrative investigations or criminal investigations [7]. - The need for improved coordination between civil lawsuits, administrative penalties, and criminal accountability is emphasized to enhance the effectiveness of investor protection [7].

中安科股价报3.68元，较前一交易日下跌0.05元。开盘价为3.71元，最高触及3.81元，最低下探至3.62 元，全天振幅达5.09%。成交量159.76万手，成交金额5.90亿元，换手率6.90%。 8月20日早盘时段，中安科出现快速回调走势，五分钟内跌幅超过2%。截至9点46分，该股成交金额已 达2.17亿元，换手率2.51%。从盘口数据观察，当时买一价位3.68元处挂单量超过1万手。 中安科属于软件开发行业，公司业务涉及湖北地区，并与华为、人工智能等领域相关。公司总市值 105.86亿元，流通市值85.21亿元。 风险提示：股市有风险，投资需谨慎。 当日主力资金净流出6100.73万元，占流通市值比例0.72%。近五个交易日主力资金累计净流入2369.83 万元，占流通市值比例0.28%。 ...

Core Viewpoint - The company has announced the repurchase and cancellation of 3,481,750 restricted shares due to the departure of nine incentive recipients who no longer qualify for the incentive program [2][14][18]. Group 1: Repurchase Details - The number of restricted shares to be repurchased is 3,481,750 shares [2]. - The repurchase price is set at the grant price of 1.25 yuan per share, totaling approximately 4,352,187.50 yuan [15]. - The funding for the repurchase will come entirely from the company's own funds [16]. Group 2: Approval Process - The repurchase has been authorized by the company's shareholders at the 2023 first extraordinary general meeting held on April 3, 2023 [4][18]. - The board of directors approved the repurchase at the 12th board meeting on August 12, 2025, without needing further shareholder approval [2][38]. Group 3: Impact on Share Capital - Following the repurchase, the total number of shares will decrease from 2,876,607,560 shares to 2,866,180,886 shares [18]. - The repurchase will not have a substantial impact on the company's financial status or operational results [19][22]. Group 4: Compliance and Legal Opinions - The repurchase complies with relevant laws, regulations, and the company's incentive plan [21][22]. - Legal opinions confirm that the necessary approvals and procedures have been followed for the repurchase [22].

Group 1 - The board of directors of Zhong An Ke Co., Ltd. held its fourth meeting of the twelfth session, with all nine directors present, confirming compliance with legal and procedural requirements [1] - The board approved a resolution regarding the repurchase and cancellation of a portion of restricted stock, specifically 3,481,750 shares, in accordance with the company's 2023 stock option and restricted stock incentive plan [1] - The voting outcome was unanimous, with 9 votes in favor, and no votes against or abstentions [1]

Core Viewpoint - The company plans to repurchase and cancel a total of 3,481,750 restricted shares due to the departure of 9 incentive recipients who no longer qualify for the incentive program [1] Group 1: Repurchase and Cancellation Details - The company held a board meeting on August 12, 2025, where it approved the repurchase and cancellation of restricted shares [1] - The repurchase involves shares granted under the 2023 Stock Option and Restricted Stock Incentive Plan [1] - The total number of restricted shares to be repurchased and canceled in previous instances includes 1,130,000 shares and 62,000 shares from other meetings [2][3] Group 2: Impact on Capital Structure - Following the repurchase and cancellation of 10,426,674 restricted shares, the company's total shares will decrease from 2,876,607,560 to 2,866,180,886 [5] - The repurchase price for the restricted shares is set at 1.25 yuan per share [3][4] Group 3: Notification to Creditors - The company is notifying creditors about the reduction in registered capital due to the repurchase of restricted shares, allowing them 45 days to claim their debts [5] - Creditors must provide valid documentation to request debt repayment or guarantees [6]

上海君澜律师事务所 关于 中安科股份有限公司 回购注销部分限制性股票 之 法律意见书 二〇二五年八月 对本法律意见书，本所律师声明如下： （一）本所律师依据《中华人民共和国证券法》《律师事务所从事证券法律业务管 理办法》和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见书出具 日以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用 原则，进行了充分的核查验证，保证本法律意见所认定的事实真实、准确、完整，所 发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大遗漏，并承担 相应法律责任。 （二）本所已得到中安科如下保证：中安科向本所律师提供了为出具本法律意见 书所必需的全部文件，所有文件真实、完整、合法、有效，所有文件的副本或复印件 均与正本或原件相符，所有文件上的签名、印章均为真实；且一切足以影响本所律师 做出法律判断的事实和文件均已披露，并无任何隐瞒、误导、疏漏之处。 上海君澜律师事务所 法律意见书 上海君澜律师事务所 关于中安科股份有限公司 回购注销部分限制性股票之 法律意见书 致：中安科股份有限公司 上海君澜律师事务所（以下简称"本所"）接受中安科股份有限公司（ ...

Core Viewpoint - The company has decided to repurchase and cancel a total of 3,481,750 restricted shares at a repurchase price of 1.25 yuan per share, following the authorization from the shareholders' meeting and the board's approval [1][11][12] Summary by Sections Stock Repurchase and Cancellation - The number of restricted shares to be repurchased and canceled is 3,481,750 shares [1] - The repurchase price is set at the grant price of 1.25 yuan per share [11] - The decision to implement this repurchase was authorized by the shareholders' meeting held on April 3, 2023 [1][12] Approval Process and Implementation Progress - The company held its first temporary shareholders' meeting in 2023, where the proposal for the stock incentive plan was approved [2] - The independent directors expressed clear agreement on the proposal, and legal opinions were provided [2] - The company conducted a self-examination regarding insider trading prior to the announcement of the incentive plan and found no violations [2] Impact on Share Capital Structure - Following the repurchase and cancellation, the total number of shares will decrease from 2,876,607,560 to 2,866,180,886 shares [11] - The repurchase will not have a substantial impact on the company's financial status or operational results [11][12] Future Work Arrangements - The company will follow legal procedures for capital reduction, including notifying creditors and updating company registration [12] - The remuneration and assessment committee has agreed that the repurchase complies with relevant laws and regulations [12] Legal Opinions - The legal opinion confirms that the repurchase has obtained necessary approvals and adheres to relevant regulations, ensuring no adverse effects on the company's management or financial condition [12]

证券日报网讯 8月12日晚间，中安科发布公告称，公司于2025年8月12日召开公司第十二届董事会第四 次会议，审议并通过了《关于回购注销部分限制性股票的议案》，同意对公司《2023年股票期权与限制 性股票激励计划》（以下简称"激励计划"）首次授予和预留授予的部分已获授但尚未解除限售的限制性 股票进行回购注销，股份数量合计3，481，750股，回购价格为授予价格，即1.25元/股。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯 8月12日晚间，中安科发布公告称，公司第十二届董事会第四次会议审议通过了《关于回 购注销部分限制性股票的议案》。 ...