ROPEOK(SH:688619) Xin Lang Cai Jing·2026-01-16 02:04Core Viewpoint - Investors have won a first-instance victory in a lawsuit against Luopute Securities for false statements, indicating that similar cases will likely receive quicker judgments in the future [1][4]. Group 1: Legal Proceedings - The Shanghai Huzhi Law Firm has submitted a batch of cases to the court and is currently gathering affected investors [1][4]. - The lawsuit stems from a penalty received by the company in October 2023, where it was found to have falsified annual reports, violating the Securities Law and harming investor interests [1][4]. - Investors who purchased shares between April 20, 2021, and May 17, 2023, and sold or still hold shares after May 18, 2023, can join the lawsuit for compensation [1][4]. Group 2: Compensation Claims - The administrative penalty decision revealed that the company had signed three supply agreements with a total contract value of 242 million yuan in December 2020 [2][4]. - In 2021, the company and its wholly-owned subsidiary signed three supply agreements for six projects in Jiangsu Province and one project in Guizhou Province, with a total contract value of 149 million yuan [2][4]. - The company recognized revenue based on the delivery and acceptance by customers, but the control of the goods had not transferred to the customers at the time of revenue recognition, leading to false financial statements [5]. Group 3: Auditor Accountability - The case also implicates the auditing firm, Shanggong, which failed to perform due diligence during the audits of Luopute's financial statements for 2021 and 2022, resulting in false records [2][5]. - If Shanggong cannot prove its lack of fault, it may be held jointly liable for compensation alongside Luopute, providing investors with additional avenues for recovery [5].