全国首例，两股民收到近80万元赔款

Core Viewpoint - The case marks the first instance in China where a listed company's executives were held accountable for failing to fulfill a public commitment to increase shareholding, resulting in full compensation being paid to the plaintiffs [1][2]. Group 1: Case Background - The lawsuit was initiated by plaintiffs Liu and Zheng against Shanghai Jinmota Chemical Co., Ltd. and its executives for failing to fulfill a public commitment to purchase shares worth at least 300 million yuan [1][2]. - The executives had announced plans to increase their holdings within six months but failed to do so, leading to regulatory actions from the China Securities Regulatory Commission and the Shenzhen Stock Exchange [1][2]. Group 2: Legal Implications - This case is significant as it is the first judicial application of Article 84 of the new Securities Law, which stipulates that failure to fulfill public commitments can lead to civil liability for damages [2][3]. - The court found that the executives did not have the financial means to fulfill their commitment and had misled investors, thus constituting a false statement [3][4]. Group 3: Financial Outcomes - The court ordered the executives to compensate Liu for 506,100 yuan and Zheng for 277,400 yuan, totaling over 900,000 yuan in damages claimed by the plaintiffs [2][4]. - The executives' failure to fulfill their commitment resulted in significant financial losses for the plaintiffs, who had invested based on the expectation of the share purchase [3][4]. Group 4: Market Impact - The public commitment to increase shareholding was expected to significantly impact the company's stock price and ownership structure, but the lack of follow-through led to investor losses and market misinformation [2][4]. - The case highlights the importance of transparency and accountability among company executives in maintaining investor confidence and market integrity [3][4].