Xin Lang Cai Jing·2025-12-30 06:14Core Viewpoint - Panda Financial Holdings Co., Ltd. (ST Panda, stock code: 600599) is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, leading to a formal case being opened against the company [1][5]. Financial Performance - On April 28, 2025, Panda Financial corrected its 2024 annual performance forecast, initially predicting a net profit of 30 million to 45 million yuan. The revised forecast now indicates a projected net loss of 460 million to 480 million yuan for the same period [2][6]. - The adjusted forecast for net profit after deducting non-recurring gains and losses is now estimated to be a loss of 470 million to 490 million yuan [2][6]. Legal Proceedings - In response to the CSRC's investigation, a lawyer from Shanghai Hanlian Law Firm is collecting claims from investors who purchased Panda Financial's securities between December 2, 2024, and April 27, 2025, and either sold or continued to hold them after April 28, 2025 [3][7]. - Investors seeking compensation must provide specific documentation, including a copy of their ID, a confirmation of their securities account, and transaction records [4][8]. Investor Rights - Under Chinese law, companies and their executives may be held liable for damages resulting from false statements that harm investors, covering losses such as investment differences, commissions, stamp duties, and interest losses [2][6]. - The process for civil claims is not affected by whether the company is delisted, but entering bankruptcy proceedings could significantly impact the litigation process [4][8].