Xin Lang Cai Jing·2025-12-31 11:17Core Viewpoint - Jiangsu Wuzhong (600200) is set to be delisted on December 31, 2025, due to ongoing legal issues related to false statements made by the company, prompting investors to seek compensation for their losses [1][4]. Group 1: Legal Proceedings - The law firm Shanghai Jiucheng has submitted a claim for investor compensation to the Suzhou Intermediate People's Court, with ongoing efforts to accept additional claims from affected investors [1][4]. - Investors who purchased Jiangsu Wuzhong shares between April 20, 2019, and February 27, 2025, and sold or continued to hold them after February 27, 2025, are eligible to initiate claims [6]. Group 2: Regulatory Violations - Jiangsu Wuzhong has been found guilty of failing to disclose its actual controller accurately, with false records in annual reports from 2018 to 2023 [4][5]. - The company inflated its operating revenue, costs, and profits from 2020 to 2023 through non-substantive trade activities with related companies, resulting in significant discrepancies in reported figures [2][5]. - The inflated operating revenues were reported as follows: 494.26 million yuan (26.46%), 468.51 million yuan (26.39%), 430.75 million yuan (21.26%), and 376.66 million yuan (16.82%) for the respective years [2][5]. - The inflated operating costs were reported as 480.68 million yuan (37.08%), 448.24 million yuan (35.47%), 410.82 million yuan (28.40%), and 355.44 million yuan (20.95%) [2][5]. - The inflated total profits were reported as 14.58 million yuan (2.89%), 20.27 million yuan (51.65%), 19.92 million yuan (26.42%), and 21.22 million yuan (29.81%) [2][5]. - There were also significant omissions regarding the disclosure of non-operating fund usage by related parties in annual reports from 2020 to 2023 [3][6].