Xin Lang Cai Jing·2026-02-10 03:46Core Viewpoint - The article discusses the ongoing legal issues faced by Haiyue Energy (600387) due to violations related to the misuse of funds and accounting errors, leading to investor compensation claims and regulatory penalties [1][2][3]. Group 1: Legal and Regulatory Issues - Haiyue Energy has been penalized by the China Securities Regulatory Commission (CSRC) for failing to disclose non-operating fund occupation by its controlling shareholder, Gaoxin Jinkong [1][2]. - Between 2021 and 2022, Haiyue Energy transferred funds to its controlling shareholder through prepayments to suppliers, constituting non-operating fund occupation, with amounts reaching up to 68.8 million yuan in 2022 [2][5]. - The company did not timely disclose these fund occupations in its financial reports for 2021 and 2022, leading to incomplete and inaccurate disclosures [5][6]. Group 2: Financial Reporting Errors - Haiyue Energy acknowledged accounting errors in its 2022 semi-annual report, resulting in an inflated revenue and cost figure of 302.08 million yuan, which represented 49.33% and 50.51% of the reported figures respectively [3][6]. - The company used the total amount method incorrectly for revenue recognition, leading to significant discrepancies in its financial statements [6]. Group 3: Investor Compensation - Investors affected by Haiyue Energy's issues can still file compensation claims, with ongoing efforts by legal teams to assist in these cases [1][4]. - The law firm representing investors has indicated that those who purchased shares between August 31, 2021, and April 29, 2023, may still be eligible for claims if they sell or hold their shares after the specified dates [6].