Nan Fang Du Shi Bao·2026-01-27 09:56Core Viewpoint - Jinlong Co., Ltd. disclosed a lawsuit involving Zhongshan Securities, stemming from a 10-year-old channel business case that has attracted significant market attention due to the involvement of multiple financial institutions [2][3] Group 1: Background of the Case - The lawsuit initiated by Everbright Bank's Changchun branch seeks a total compensation of 489 million yuan, which includes 350 million yuan in principal and 139.4 million yuan in fund occupation fees [2] - The case traces back to 2013 when Liu Xiaoyi, under false pretenses, sought a loan of 350 million yuan from Everbright Bank for a fictitious company, leading to a series of fraudulent activities involving multiple banks [3][4] Group 2: Legal Proceedings and Outcomes - In 2015, the Wuxi Intermediate People's Court convicted Liu Xiaoyi of contract fraud and sentenced him to life imprisonment, while Zhang Lei received a six-year prison term for loan fraud [6] - The Supreme Court later rejected Everbright Bank's appeal for the return of the 350 million yuan, ruling that the agreement was invalid due to its use in criminal activities [6][7] Group 3: Current Developments - Everbright Bank has expanded the list of defendants in the new lawsuit to include Zhongshan Securities, Ping An Bank's Shenzhen branch, and Guomin Fund, shifting the case from a contract dispute to a joint tort liability claim [8][10] - This change allows for potential claims against all parties involved in the fund transfer, increasing the likelihood of recovering losses, even if some defendants lack repayment capacity [10]