Xin Lang Cai Jing·2025-11-12 10:22Core Viewpoint - The article discusses ongoing legal actions against Yangzi New Materials and Haiyue Energy for false statements and significant omissions in their financial disclosures, highlighting potential compensation opportunities for affected investors [1][3][4]. Group 1: Yangzi New Materials - Yangzi New Materials is facing legal claims from investors due to false statements and significant omissions in its annual reports, particularly regarding related party transactions and financial misreporting [1][3]. - The company failed to disclose substantial related party fund occupation, with amounts reaching approximately 197.65 million yuan in 2018 and 363.31 million yuan in 2019 [1]. - In 2020, Yangzi New Materials inflated its revenue by approximately 137.10 million yuan, accounting for about 11% of its reported revenue for that year [3]. Group 2: Haiyue Energy - Haiyue Energy is also under scrutiny for failing to disclose non-operating fund occupation by its controlling shareholder and for misreporting its financial results [4][5]. - The company acknowledged accounting errors that led to an overstatement of revenue and costs by approximately 302.08 million yuan in its 2022 semi-annual report, which represented 49.33% of its reported revenue [5]. - Legal actions are being pursued for investors who bought Haiyue Energy shares during specific periods, with opportunities for compensation still available [6].