三七互娱被预处罚，股民索赔可期

Core Points - The China Securities Regulatory Commission (CSRC) has issued a notice of administrative penalty to Sanqi Interactive Entertainment, citing multiple violations related to false disclosures in annual reports from 2014 to 2021 [1] - The violations include misrepresentation of shareholder holdings, failure to disclose related party transactions, and significant omissions in financial reporting [1] - The CSRC plans to impose penalties on Sanqi Interactive, its actual controller and chairman Li Weiwei, and other responsible personnel, including warnings and fines [1] Summary by Sections Company Violations - Sanqi Interactive Entertainment's annual reports from 2014 to 2020 contained false records regarding shareholder holdings [1] - The 2018 annual report failed to disclose the acquisition of Jiangsu Aurora's equity as a related party transaction, representing a major omission [1] - The indirect acquisition of Guangzhou Sanqi's equity in 2020 was also classified as a related party transaction, with false disclosures in a temporary announcement and the annual report [1] - Annual reports from 2018 to 2021 did not disclose related party transactions with Hainan Liyuan and other companies, indicating significant omissions [1] Legal Implications - Following the CSRC's notice, a lawyer from Shanghai Hanlian Law Firm is gathering claims from investors who purchased Sanqi Interactive's securities between March 31, 2015, and June 27, 2023, for potential civil compensation [2] - Investors who suffered losses can register for claims if they sold or continued to hold their securities after June 28, 2023 [2] - The conditions for claims may be adjusted based on the final conclusions of the CSRC's administrative penalties and court rulings [3]