Core Viewpoint - Guangdong Jushi Chemical Co., Ltd. (stock code: 688669) is facing administrative penalties for alleged securities fraud, specifically for false disclosures related to inflated revenues, costs, and profits through fictitious trade activities [1][4]. Summary by Relevant Sections Allegations and Findings - The Guangdong Securities Regulatory Bureau has identified that Jushi Chemical and its subsidiaries engaged in false trade activities to inflate financial figures. This includes controlling four trading companies to conduct non-existent trades and manipulating trade chains without commercial substance [4]. - The company reported inflated operating income of approximately 156.81 million yuan, inflated operating costs of about 158.47 million yuan, and a reduced profit of around 1.66 million yuan for the first half of 2023, representing 8.32%, 8.51%, and 6.81% of total revenue, costs, and profit respectively [4]. Penalties - The regulatory body plans to impose a fine of 2.4 million yuan on Jushi Chemical, along with warnings to the responsible personnel and additional fines [4]. Investor Compensation - Investors affected by the alleged fraud can file for compensation under the Supreme People's Court's judicial interpretation regarding false statements. This includes claims for losses incurred from the stock's price difference, commissions, and stamp duty [5]. - Investors who purchased Jushi Chemical shares between August 29, 2023, and November 21, 2025, and still hold them as of the latter date are eligible to seek compensation, subject to court validation [5].
聚石化学被处罚预告 受损股民可索赔