聚石化学（688669）被预处罚，股民索赔可期

Core Viewpoint - Guangdong Jushi Chemical Co., Ltd. (stock code: 688669) is facing administrative penalties for violations related to information disclosure, specifically for engaging in fictitious trade activities to inflate revenue, costs, and profits [2][6]. Group 1: Violations and Financial Impact - Jushi Chemical and its subsidiaries inflated revenue by CNY 156,807,377.35, costs by CNY 158,470,264.89, and reduced profits by CNY 1,662,887.54 in the first half of 2023, representing 8.32%, 8.51%, and 6.81% of total revenue, total costs, and total profit respectively [2][6]. - The company was found to have engaged in fictitious trade with four companies controlled by its subsidiary, Guangdong Guanzhen Technology Co., Ltd., involving transactions without actual goods [2][6]. Group 2: Regulatory Actions and Legal Implications - The China Securities Regulatory Commission (CSRC) Guangdong Bureau plans to issue a warning and impose fines on Jushi Chemical and its responsible personnel [2][6]. - Previous audits by Zhongxinghua Accounting Firm revealed four significant irregularities, leading to a warning from the CSRC [7]. - Investors affected by the company's actions can seek civil compensation for losses incurred due to the company's false statements, which may include investment differences, commissions, and stamp duties [7][8]. Group 3: Investor Compensation Process - A lawyer from Shanghai Hanlian Law Firm is collecting claims from investors who purchased Jushi Chemical's securities between August 29, 2023, and November 21, 2025, and who sold or continued to hold them after November 22, 2025 [8]. - Investors must provide specific documentation, including a copy of their ID, securities account information, and transaction records to register for compensation [9].