Core Viewpoint - The article discusses the legal implications and potential compensation for investors affected by the fraudulent activities of Beijing Oriental Tong Technology Co., Ltd. (referred to as *ST Dongtong) following its delisting due to false disclosures and penalties imposed by regulatory authorities [1][2]. Group 1: Company Violations and Penalties - Beijing Oriental Tong Technology Co., Ltd. was found to have false disclosures in its annual reports for the years 2019 to 2022 and fabricated significant content in its securities issuance documents [1][4]. - The China Securities Regulatory Commission (CSRC) imposed a fine of 229 million yuan (approximately 22.9 million) on the company and issued warnings to its actual controller, Huang Yongjun, who was fined 26.5 million yuan (approximately 2.65 million) and banned from the securities market for 10 years [1][4]. Group 2: Investor Compensation and Legal Actions - Following the company's delisting on January 22, 2026, investors who suffered losses due to the company's false statements can file lawsuits for compensation, which includes losses from price differences, commissions, and stamp duty [2][5]. - Investors who purchased *ST Dongtong shares between April 29, 2020, and April 14, 2025, and held them until the closing on April 14, 2025, are eligible to seek compensation, subject to court verification [2][5].
*ST东通终止上市 投资者索赔持续推进