Xin Lang Cai Jing·2025-12-08 03:53Core Viewpoint - The news discusses ongoing legal actions against Zhejiang Furun and Luqiao Information for financial misconduct, highlighting the potential for investor claims due to false financial reporting and the importance of timely legal action for affected investors [1][2][4][5]. Summary by Sections Zhejiang Furun - Zhejiang Furun has been found to have inflated its operating income by a total of 717,225,918.88 CNY and operating costs by 715,512,264.14 CNY from 2020 to mid-2022 [1][4]. - Specific years of inflated figures include: - 2020: Operating income inflated by 365,766,164.15 CNY (12.04% of reported amount) and costs by 364,924,901.98 CNY (13.30%) - 2021: Operating income inflated by 142,612,952.84 CNY (10.87%) and costs by 143,233,987.18 CNY (11.11%) - 2022 (first half): Operating income inflated by 208,846,801.89 CNY (69.05%) and costs by 207,353,374.98 CNY (69.79%) [1][4]. - Investors who purchased shares between April 27, 2021, and April 28, 2023, may still file claims, but the statute of limitations is running out [2][5]. Luqiao Information - Luqiao Information is under investigation by the China Securities Regulatory Commission (CSRC) for financial reporting violations, with a notice of case filing issued on October 14, 2025 [2][5]. - The company has acknowledged prior accounting errors and has been ordered to correct its financial reporting due to significant internal control deficiencies affecting the accuracy of its 2023 and 2024 financial statements [2][5]. - Investors who bought Luqiao Information shares between April 23, 2024, and September 30, 2025, can also initiate claims [3][6].