HIKING(SH:600735) Xin Lang Cai Jing·2026-01-09 02:50Core Viewpoint - Shandong Xinhua Jin International Co., Ltd. (referred to as "Xinhua Jin" or "the company") has experienced abnormal stock trading fluctuations, with a cumulative price deviation exceeding 12% from January 5 to January 7, 2026, triggering regulatory scrutiny and potential investor claims [1][3]. Group 1: Stock Trading and Regulatory Actions - Xinhua Jin's stock price deviation triggered an abnormal trading situation as per the Shanghai Stock Exchange rules [1][3]. - The company is facing investor claims due to administrative regulatory measures issued against it [2][4]. - The company reported that the actual amount of related party transactions in 2023 was significantly lower than expected, while the scale of related guarantees increased substantially [1][3]. Group 2: Investor Claims and Conditions - Investors who purchased shares between March 30, 2019, and April 29, 2024, and still hold them, are eligible to voluntarily register for claims, regardless of whether they sell after April 30, 2024 [3][5]. - The company disclosed that related party transactions involved various business activities, including sales, procurement, and leasing [1][3]. - A significant non-operating fund occupation of 406 million yuan by Xinhua Jin Group and its related parties was revealed in the 2025 semi-annual report, leading to regulatory measures from the Qingdao Securities Regulatory Bureau [1][3].