格隆汇12月31日｜华西证券公告，其作为金通灵科技证券虚假陈述责任纠纷案共同被告之一，2025年12 月31日，南京中院就本案对金通灵公司作出先行判决，判决金通灵公司赔偿43269名投资者投资损失 7.75亿元，给付原告代表人律师费25万元，驳回50835名投资者其他诉讼请求，案件受理费391.57万元由 金通灵公司负担。南京中院将继续审理原告要求其他25名被告担责诉求，公司未收到涉己判决，暂无法 判断对利润影响。 ...

人民财讯12月31日电，金通灵（300091）12月31日公告，公司于12月31日收到南通市中级人民法院送达 的《民事裁定书》，南通中院裁定受理申请人对公司的重整申请。因公司被法院裁定受理重整，公司股 票于2026年1月5日停牌一天，自1月6日复牌起被实施退市风险警示，股票简称变更为"*ST金灵"，股票 日涨跌幅限制仍为20%。 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) is actively supporting the implementation of representative litigation procedures to protect investors' rights, particularly in cases of securities fraud, as demonstrated by recent court rulings and the establishment of compensation funds [1][2][3]. Group 1: Representative Litigation Cases - The Jin Tong Ling case has resulted in a first-instance judgment ordering compensation of over 770 million yuan to more than 43,000 investors, primarily individual investors [1]. - The Jin Tong Ling case is the third instance of a representative litigation ruling following the Kangmei Pharmaceutical and Zeda Yisheng cases, showcasing the effectiveness of this legal mechanism in protecting investor rights [2]. - The Shenyang Intermediate Court has initiated the representative litigation process for the Jinzhou Port securities fraud case, marking the fifth instance of such litigation in the capital market [2]. Group 2: Support for Investor Protection - The CSRC will continue to support the Investor Service Center in its legal role to represent investors in civil litigation and to facilitate the judicial process [3]. - The establishment of a special compensation fund of 210 million yuan for the Guangdao Digital case demonstrates the proactive measures being taken to address investor losses and facilitate settlements [4]. - The CSRC encourages market institutions to voluntarily engage in advance compensation efforts as part of a diversified dispute resolution mechanism under the Securities Law [5].

Group 1 - The company received a civil ruling from the Nantong Intermediate People's Court on December 31, 2025, accepting the reorganization application [1] - According to the Shenzhen Stock Exchange's Growth Enterprise Market listing rules, the company's stock will be suspended for one day starting January 5, 2026, and will resume trading on January 6, 2026, with a delisting risk warning [1] - The stock's abbreviation will change to "*ST金灵," while the security code remains "300091," and the daily price fluctuation limit will still be 20% [1]

证券代码：300091 证券简称：金通灵 公告编号 2025-058 金通灵科技集团股份有限公司 关于启动重整阶段债权申报及召开第一次债权人会议的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 1.2025 年 12 月 31 日，金通灵科技集团股份有限公司（以下简称"公司"或"金通 灵"）收到江苏省南通市中级人民法院（以下简称"南通中院"或"法院"）作出的（2025） 苏 06 破 56 号《裁定书》及《决定书》，获悉南通中院裁定受理申请人上海创亚物 流有限公司对公司的重整申请，并指定金通灵科技集团股份有限公司清算组担任重 整期间的管理人（以下简称"管理人"）。 公司债权人请于 2026 年 2 月 1 日（含当日）前，根据《金通灵科技集团股份有 限公司重整案债权申报指引》（以下简称《债权申报指引》）向管理人申报债权， 书面说明债权金额、债权性质、是否有担保或连带债务人等事项，并提供相关证据 材料。 为提高申报效率、节约债权人申报成本，本次债权申报采取"网络提交+线下邮 寄"方式进行。债权人在指定线上申报系统"e 破通"提交申报材料后，将由 ...

证券代码：300091 证券简称：金通灵 公告编号：2025-057 金通灵科技集团股份有限公司 关于法院同意公司在重整期间继续营业及 自行管理财产和营业事务的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 1. 金通灵科技集团股份有限公司（以下简称"公司"）于 2025 年 12 月 31 日收 到南通市中级人民法院（以下简称"南通中院"或"法院"）送达的（2025）苏 06 破 56 号《民事裁定书》及《决定书》，南通中院裁定受理申请人对公司的重整申请， 并指定公司预重整阶段的临时管理人金通灵科技集团股份有限公司清算组担任公司 管理人。 2. 2025 年 12 月 31 日，公司收到南通中院送达的（2025）苏 06 破 56 号《复函》 及（2025）苏 06 破 56 号之一《决定书》，南通中院许可公司在重整期间继续营业， 并准许公司在管理人的监督下自行管理财产和营业事务。 3. 法院裁定公司进入重整程序后，公司仍存在因重整失败而被宣告破产的风险。 如后续被宣告破产，公司将被实施破产清算，根据《上市规则》第 10.4.18 条的规定 ...

证券代码：300091 证券简称：金通灵 公告编号：2025-056 金通灵科技集团股份有限公司 关于公司股票被实施退市风险警示暨停牌的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 1. 金通灵科技集团股份有限公司（以下简称"公司"）于 2025 年 12 月 31 日收 到南通市中级人民法院（以下简称"南通中院"或"法院"）送达的（2025）苏 06 破 56 号《民事裁定书》，南通中院裁定受理申请人对公司的重整申请。 2. 因公司被法院裁定受理重整，根据《深圳证券交易所创业板股票上市规则》 （以下简称"《上市规则》"）第 10.4.1 条的规定，公司股票于 2026 年 1 月 5 日停 牌一天，自 2026 年 1 月 6 日开市起复牌。 3. 自 2026 年 1 月 6 日开市起，公司股票交易被实施退市风险警示，股票简称由 "金通灵"变更为"*ST 金灵"，证券代码仍为"300091"，股票日涨跌幅限制仍 为 20%。 一、股票的种类、简称、股票代码、公司股票停复牌起始日、被实施退市风险 警示的起始日以及日涨跌幅限制 1. 股票种 ...

金通灵科技集团股份有限公司 关于法院裁定受理公司重整并指定管理人的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 1. 金通灵科技集团股份有限公司（以下简称"公司"）于 2025 年 12 月 31 日收 到南通市中级人民法院（以下简称"南通中院"或"法院"）送达的（2025）苏 06 破 56 号《民事裁定书》及《决定书》，南通中院裁定受理申请人对公司的重整申请， 并指定公司预重整阶段的临时管理人金通灵科技集团股份有限公司清算组担任公司 管理人。 2. 因公司被法院裁定受理重整，根据《深圳证券交易所创业板股票上市规则》 （以下简称"《上市规则》"）第 10.4.1 条的规定，公司股票将于 2026 年 1 月 5 日 停牌一天，并自 2026 年 1 月 6 日复牌交易起被实施退市风险警示，股票简称变更为 "*ST 金灵"，证券代码仍为"300091"，股票日涨跌幅限制仍为 20%。 3. 法院裁定公司进入重整程序后，公司仍存在因重整失败而被宣告破产的风险。 如后续被宣告破产，公司将被实施破产清算，根据《上市规则》第 10.4.18 条的规 ...

Core Viewpoint - The article discusses the recent ruling by the Nanjing Intermediate Court regarding the special representative lawsuit against Jintongling Securities, which resulted in over 43,000 investors receiving compensation exceeding 770 million yuan, highlighting the increasing application of special representative lawsuits in China's capital market [1][2]. Group 1: Legal Developments - The Nanjing Intermediate Court's ruling is a preliminary judgment that establishes the liability of the listed company, with further judgments on the responsibilities of the company's executives and related intermediaries to follow [2]. - The special representative lawsuit system is recognized as a significant method for holding financial fraud accountable, enhancing the cost of violations in the capital market, and protecting the rights of small and medium investors [3][4]. Group 2: Regulatory Context - The recent ruling aligns with the new "National Nine Articles," which aims to strengthen the regulatory framework against financial fraud and improve the accountability mechanisms in the capital market [4][5]. - The China Securities Regulatory Commission (CSRC) has adopted a "zero tolerance" approach towards financial fraud, increasing enforcement efforts and enhancing civil liability support mechanisms, including the application of special representative lawsuits [4][5]. Group 3: Case Examples - The Jintongling case involved six years of financial fraud, with the company inflating revenue by over 1.3 billion yuan and profits by 500 million yuan, currently undergoing bankruptcy restructuring [5]. - Other notable cases include Kangmei Pharmaceutical and Meishang Ecological, which are also significant financial fraud cases under special representative lawsuits [5]. Group 4: Investor Protection Initiatives - The China Securities Investor Services Center plays an active role in representing investors in lawsuits, focusing on establishing suitable plaintiffs, preparing legal arguments, and ensuring effective communication with represented investors [6][7]. - The Supreme Court and CSRC have emphasized the importance of supporting investor protection institutions in ordinary representative lawsuits, enhancing the collaborative effect of both special and ordinary representative lawsuits in safeguarding investor rights [7]. Group 5: Future Directions - There is a call for timely modifications to the judicial interpretations of representative lawsuits to refine the conditions for initiating special representative lawsuits and improve the operational mechanisms [10]. - The China Securities Investor Services Center plans to update its business rules to enhance the selection criteria and mechanisms for representative lawsuits, ensuring a solid foundation for the regular advancement of these lawsuits [10].

Group 1 - The Nanjing Intermediate People's Court ruled on December 31, 2025, that over 43,000 investors in Jintongling (300091) will receive compensation exceeding 770 million yuan due to securities fraud [1][2] - This ruling is a preliminary judgment focusing on the company's liability, with further judgments pending regarding the responsibilities of the company's former executives and related intermediaries [1][2] - The case highlights the increasing application of representative litigation in China, moving from pilot exploration to a more standardized approach [1][2] Group 2 - The new "National Nine Articles" emphasizes the establishment of a comprehensive system to combat financial fraud and strengthen accountability in the capital market [2] - The China Securities Regulatory Commission (CSRC) has adopted a "zero tolerance" policy towards financial fraud, increasing regulatory enforcement and civil accountability mechanisms [2] - Jintongling has been involved in financial fraud for six consecutive years, inflating revenue by over 1.3 billion yuan and profits by 500 million yuan, and is currently undergoing bankruptcy restructuring [2] Group 3 - The special representative litigation system is seen as a significant tool for increasing the costs of illegal activities in the capital market and protecting the rights of small and medium investors [3] - Investor protection agencies play a crucial role in the representative litigation process, leveraging their public interest functions and professional advantages [4] - The China Securities Investor Services Center has been actively involved in representative litigation, ensuring fair compensation for affected investors [5] Group 4 - The Supreme Court and the CSRC have issued guidelines to support investor protection agencies in fulfilling their roles in representative litigation [6] - There is a growing emphasis on the effectiveness of ordinary representative litigation in resolving collective securities disputes and protecting investor rights [6] - The China Securities Investor Services Center has increased its involvement in ordinary representative litigation, enhancing the collaborative effect of both types of litigation [6] Group 5 - The Supreme Court's 2020 judicial interpretation of representative litigation has played a significant role in enforcing securities laws and facilitating investor rights protection [7] - There is a need to refine the judicial interpretation to better define the conditions for initiating special representative litigation and improve the coordination between different types of representative litigation [7] - The China Securities Investor Services Center plans to modify relevant business rules to enhance the selection criteria and mechanisms for representative litigation cases [8]