Xin Lang Cai Jing·2025-12-08 03:53Core Viewpoint - The article discusses the ongoing legal actions regarding investor claims against Yitong Century (宜通世纪) and Yuancheng Gold (园城黄金) due to false statements and financial fraud, highlighting the potential for investor compensation through legal channels [1][2][3]. Group 1: Yitong Century (宜通世纪) - Yitong Century has faced legal actions for false statements, with many investors already receiving compensation [1][4]. - The company was penalized by the China Securities Regulatory Commission (CSRC) for financial misconduct, including a major asset restructuring in October 2016, where it acquired 100% of Shenzhen Beitai Health Measurement and Analysis Technology Co., Ltd. for a total consideration of 1 billion yuan [4][5]. - From May 1 to December 31, 2017, Beitai Health inflated its revenue by 97.34 million yuan, costs by 52.61 million yuan, and total profit by 40.84 million yuan, which constituted 3.7%, 9.75%, and 15.67% of Yitong Century's reported figures, respectively [5][6]. Group 2: Yuancheng Gold (园城黄金) - Yuancheng Gold is also facing legal scrutiny, with a court hearing scheduled for December 9, 2025, regarding investor claims of false statements [2][5]. - The company was found to have inflated its revenue by 36.69 million yuan and costs by the same amount in its 2021 semi-annual report, representing 37.48% and 39.38% of the reported figures, respectively [5][6]. - In the 2021 annual report, Yuancheng Gold inflated its revenue by 64.95 million yuan and costs by the same amount, accounting for 28.86% and 29.73% of the reported figures, respectively [5][6].