“黑天鹅”突袭！便携按摩器龙头倍轻松被立案，受损投资者维权启动

Core Viewpoint - The company Beiqing Song (倍轻松) and its actual controller Ma Xuejun are under investigation by the China Securities Regulatory Commission (CSRC) for suspected information disclosure violations, following a significant drop in net profit and stock price [2][6]. Group 1: Investigation Details - Beiqing Song announced on December 25 that it and Ma Xuejun are being investigated for information disclosure violations [2][6]. - Following the announcement, the company's stock price plummeted, causing losses for many investors [7]. - Ma Xuejun sold 2.97% of the company's shares (255.26 million shares) for approximately 64.64 million yuan just one month before the investigation was announced, reducing his stake below 50% for the first time [8]. Group 2: Financial Misconduct - The investigation is not unexpected, as there have been ongoing issues with the company's internal controls and frequent fund occupation by Ma Xuejun [8]. - A self-examination revealed that from 2021 to 2022, Ma Xuejun occupied company funds through employee loans totaling 4.08 million yuan [3][9]. - The company also made early payments to suppliers, with 8 million yuan identified as funds occupied by Ma Xuejun [9]. - The total amount of funds occupied by Ma Xuejun was revised from 54 million yuan to 85.93 million yuan, with significant amounts transferred through related companies [9]. Group 3: Investor Compensation - Over 5,000 investors are concerned about how to protect their rights following the investigation [10]. - A pre-registration for investor compensation has begun, allowing those who bought shares before December 25, 2025, and sold or still hold them after December 26, 2025, to claim losses [10].