ST路通与梅花创投创始合伙人吴世春等的两项诉讼在北京开庭审理

Core Viewpoint - The legal disputes between ST Lutong and Wu Shichun, founder of Meihua Venture Capital, are escalating, focusing on shareholder rights and compliance issues related to stock acquisitions and board elections [2][3]. Group 1: Legal Proceedings - The court hearings for two lawsuits involving ST Lutong and Wu Shichun commenced on October 20, addressing securities disputes and claims of damage to company interests [2]. - ST Lutong is seeking to restrict Wu Shichun and his affiliates from exercising voting rights on illegally acquired shares and is claiming damages of 2.5 million yuan for losses incurred due to improper board election proposals [3][4]. Group 2: Compliance Issues - ST Lutong alleges that Wu Shichun's acquisition actions violate compliance regulations, particularly regarding the establishment of the partnership "Meiling Partnership" and the premature locking of transfer prices [4]. - The company claims that Wu Shichun's failure to disclose relevant information regarding share acquisitions and voting rights undermines the rights of minority investors [4][5]. Group 3: Shareholding and Voting Rights - As of May 26, Wu Shichun reportedly holds at least 13.86% of ST Lutong's shares, including both disclosed and undisclosed voting rights [5]. - ST Lutong argues that the voting rights associated with the shares transferred to Wu Shichun must be publicly disclosed, as per regulations governing shareholder rights [5][6]. Group 4: Regulatory Actions - Following the court proceedings, ST Lutong received regulatory notices from the Shenzhen Stock Exchange and Jiangsu Securities Regulatory Bureau for failing to timely notify shareholders about meetings, leading to administrative corrective measures [6][7].