Xin Lang Cai Jing·2025-12-08 03:53Core Viewpoint - Shanghai Xinyang Semiconductor Materials Co., Ltd. has been found to have engaged in false statements leading to investor claims, with a precedent for winning such claims already established [1][4]. Group 1: Shanghai Xinyang - On September 18, 2024, Shanghai Xinyang announced it received an administrative regulatory measure decision from the Shanghai Securities Regulatory Bureau due to violations [1][4]. - The company failed to recognize the value and fair value changes of a financial derivative product worth 100 million yuan, resulting in an inflated net profit attributable to shareholders by 13.5285 million yuan [1][4]. - The inaccurate information disclosure in the Q1 2024 report violated the regulations of the "Management Measures for Information Disclosure of Listed Companies" [1][4]. Group 2: Investor Claims - Investors who purchased Shanghai Xinyang shares between April 20, 2024, and August 17, 2024, and sold or continued to hold after August 17, 2024, are eligible to initiate claims [2][5]. - The law firm representing investors has also been involved in claims against Weichuang Co., which is currently awaiting further court arrangements [2][5]. Group 3: Weichuang Co. - Weichuang Co. has been found to have multiple violations regarding information disclosure, including failing to disclose changes in actual control and related party transactions [3][6]. - Investors who bought Weichuang shares between June 21, 2023, and December 23, 2023, and sold or held after December 23, 2023, can also initiate claims [3][6].