登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 2025年12月20日，上海卓然工程技术股份有限公司（以下简称"卓然股份（维权）"或"公司"）发布公告 称，公司及实控人张锦红于2025年12月19日收到中国证监会出具的《立案告知书》（证监立案字 0032025031号、证监立案字0032025032号），因涉嫌信息披露违法违规等事项，根据《中华人民共和国 证券法》《中华人民共和国行政处罚法》等法律法规，中国证监会决定对公司及实控人张锦红立案。上 海市信本律师事务所赵敬国律师（执业证号：13101200410820485）提示，于2025年12月20日之前买入 且有持仓，无论在2025年12月20日及之后是否卖出的投资者，或可通过"新浪股民维权平台"自愿登记索 赔。（赵敬国律师专栏） 2024年9月，卓然股份共同实际控制人张新宇因未履行2023年定向增发时的业务重组承诺，收到上海证 监局警示函。2 ...

Core Viewpoint - Zhuoran Co., Ltd. has been subjected to administrative regulatory measures due to violations in the use of IPO fundraising, revealing significant internal control and corporate governance issues [1][4][5]. Group 1: Regulatory Actions - The Shanghai Securities Regulatory Commission has ordered Zhuoran Co. to rectify its violations regarding the disclosure of fundraising and the actual use of funds, with three former executives receiving warning letters [1][4]. - The China Securities Regulatory Commission has initiated a case against Zhuoran Co. and its actual controller, Zhang Jinhong, for suspected violations of information disclosure [2][4]. Group 2: Financial Performance - Zhuoran Co. experienced a decline in net profit for three consecutive years from 2022 to 2024, with net profits decreasing from 1.9 billion yuan in 2022 to 947.69 million yuan in 2024, representing a year-on-year decrease of 39.88%, 18.75%, and 38.46% respectively [6]. - In the first three quarters of 2025, the company reported a revenue of 1.565 billion yuan, a year-on-year decrease of 18.8%, and a net profit of 59.56 million yuan, a significant increase of 74.55% primarily due to the sale of a subsidiary [7][8]. Group 3: IPO and Fund Utilization - Zhuoran Co. raised 920 million yuan during its IPO in 2021, but regulatory findings indicated that part of the raised funds was improperly used, flowing into external funding pools controlled by related parties [2][4][5]. - As of June 2025, the company reported that most of the IPO funds had been invested, with significant amounts allocated to various projects, including 480 million yuan for petrochemical equipment production [5]. Group 4: Market Position and Challenges - Zhuoran Co. operates in the domestic refining and chemical equipment industry, providing integrated solutions for oil and gas sectors, but has faced challenges due to high customer concentration, with 89.22% of revenue coming from the top five customers [6][8]. - The company is under pressure from high debt levels, with a debt-to-asset ratio of 66.88% and accounts receivable reaching 2.531 billion yuan, complicating its operational and governance reform efforts [8].

Core Viewpoint - The company, Langjin Technology, is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which has led to significant financial implications and potential legal actions against the company and its subsidiaries [1][6]. Group 1: Company Overview - Langjin Technology specializes in the research, production, sales, and maintenance services of variable frequency energy-saving air conditioning systems for rail transit vehicles and new energy vehicles [1][6]. - According to the Shenwan industry classification (2021), Langjin Technology falls under the category of mechanical equipment - rail transit equipment II - rail transit equipment III [1][6]. Group 2: Legal Issues - On August 27, 2025, the company received a notice of investigation from the CSRC due to suspected violations of information disclosure laws [1][6]. - On December 16, 2025, the company received an administrative penalty notice, detailing that from February 2024 to July 2025, Langjin Technology and its subsidiaries engaged in non-operational fund occupation with related parties, totaling 415.2063 million yuan [2][6]. Group 3: Stock Trading and Investor Claims - Following the investigation, the trading status of the company's stock has been affected, although specific trading data is not provided in the documents [3][6]. - The compensation claim period for investors is set from February 1, 2024, to August 27, 2025, including those who sold or continued to hold shares after August 28, 2025 [5][6].

登录新浪财经APP 搜索【信披】查看更多考评等级 （本文由万商天勤（上海）律师事务所刘彦梅律师供稿，不代表新浪财经的观点。刘彦梅律师，中国证 券业协会讲师，辽宁大学法律硕士，主要从事金融诉讼、公司诉讼。具有保荐代表人（投资银行）资 格、证券从业资格、基金从业资格，具有20年以上法律实务经验。目前已通过CPA审计、经济法、会 计、战略，是为数不多的具有投行、财务思维的律师。刘彦梅律师在证券和商事诉讼领域积累了丰富的 经验，凭借专业能力和敬业精神，赢得了客户的高度赞誉。）（刘彦梅律师专栏） 责任编辑：韦子蓉 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 公司是大型石油化工装备集成服务商，通过技术研发创新以及全产业链融合的投资发展，创造了石油化 工行业设备的集成化、模块化供货，在石油化工装备模块化制造、装置智能化运维等创新应用领域多维 发展，为客户提供更为卓越的产品与服务。 按照申万行业分类（2021），卓然股份（维权）属于机械设备-专用设备-能源 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 一、正式处罚已下发 12月19日，ST远智（维权）公告称正式收到辽宁监管局下发的《行政处罚决定书》，经查明，公司因 系统性财务造假，导致2019年至2022年半年度期间的定期报告存在虚假记载。 2024年4月30日，因公司涉嫌信息披露违法违规，中国证监会决定对公司立案。随着正式处罚落地，针 对该公司信披违规一事也宣告终结。 投资者索赔行动已然开启，上海沪紫律师事务所刘鹏律师团队在该公司被立案之后就开始征集受损投资 者，已有部分案件递交立案。 虽然本次处罚未直接导致公司触及重大违法强制退市情形，但上市公司财务造假的违法事实已经过监管 机关铁证如山的认定，这为投资者民事索赔扫清了核心障碍。 针对其违规，索赔要求已明确，符合于2020年4月22日-2024年4月30日（含当日）期间买入，并在2024 年5月1日之后卖出或仍持有而亏损的即可报名索赔。（远大 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 一家上市公司耗时四年精心设计的IPO资金体外循环通道，在同一天被监管亮出"黄牌"和"红牌"警告。 一、监管一日双罚 12月19日晚，卓然股份（维权）及实际控制人张锦红同日收到中国证监会的《立案告知书》和上海证监 局的行政监管措施决定书。 立案告知书中表示公司存在信息披露违法违规。监管措施决定则指出公司在资金使用方面的违规行为。 该公司是2021年在上交所上市的公司，其主营业务为大型炼油化工专用装备模块化、集成化制造。 受上述消息影响，卓然股份股价出现下跌，不少投资者无端遭受损失。 随着立案调查的启动，投资者维权渠道也已开放。上海沪紫律师事务所刘鹏律师表示根据历史案例，上 市公司一旦被证监会立案调查，最终被认定为信息披露违法违规并受到处罚的可能性较大。 现符合于2025年12月19日（含当日）之前买入，并在2025年12月20日之后卖出或仍持有而亏损 ...

Group 1 - The core issue involves investor compensation cases against Zhuoran Co., Ltd. (688121) and Pengdu Agriculture and Animal Husbandry (002505) due to alleged false statements and information disclosure violations [1][2][4] - Zhuoran Co., Ltd. and its actual controller Zhang Jinrong received a notice from the China Securities Regulatory Commission (CSRC) on December 19, 2025, regarding the initiation of an investigation for suspected violations of information disclosure laws [1][3] - Investors who purchased Zhuoran Co., Ltd. shares before December 20, 2025, and sold or continued to hold them after that date are eligible to prepare for compensation claims [1][4] Group 2 - The Pengdu Agriculture and Animal Husbandry compensation case has already seen successful outcomes for some investors, allowing them to initiate claims due to false statements [2][4] - On November 22, 2024, Pengdu Agriculture and Animal Husbandry disclosed that it failed to timely disclose non-operating fund occupation by its controlling shareholder and had significant omissions in its annual and semi-annual reports from 2020 to 2022 [2][4] - Investors who bought shares of Pengdu Agriculture and Animal Husbandry between April 29, 2021, and August 15, 2024, and sold or continued to hold them after August 15, 2024, can also initiate compensation claims [2][4]

登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 2025年12月19日（周五）晚间，上海卓然工程技术股份有限公司（证券简称：卓然股份（维权），证券 代码：688121）发布《关于收到中国证券监督管理委员会立案告知书的公告》。公告显示，因涉嫌信息 披露违法违规，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，中国证监 会决定对公司立案。 在公告被证监会立案前，公司股价已连续调整。截至2025年12月19日收盘，股价报12.13元，近半年累 计下跌达25.6%。此次突发立案调查，使截至该日收盘持有的约六千名股东权益面临重大不确定性。鉴 于该公司为科创板上市企业，股票单日涨跌幅限制为20%，投资者应特别关注相关投资风险。 上海百悦律师事务所牛彬律师表示，卓然股份因涉嫌信披违规遭证监会立案，投资者或可依法索赔。初 步索赔范围（参考）： 于2025年12月19日（不含当日）之前买入卓然 ...

Core Viewpoint - Shanghai Zhuoran Engineering Technology Co., Ltd. (Zhuoran Co., stock code: 688121) is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, leading to administrative measures against the company and its actual controller Zhang Jinhong [1][2]. Group 1: Violations and Investigations - From 2021 to 2024, Zhuoran Co. improperly utilized part of the funds raised during its IPO process, channeling them through accounts controlled by its major shareholder Zhang Jinhong, which violated the regulations of the Information Disclosure Management Measures for Listed Companies [2][6]. - The company failed to accurately disclose the actual use and storage of the raised funds, as well as the non-operational fund transactions with related parties, leading to administrative corrective measures imposed by the Shanghai Securities Regulatory Bureau [2][6]. Group 2: Legal Implications for Investors - Investors who suffered losses due to Zhuoran Co.'s actions can seek civil compensation, which includes investment differences, commissions, and stamp duties, as per the Civil Code and Securities Law [2][6]. - A lawyer from Shanghai Hanlian Law Firm is collecting claims from investors who purchased Zhuoran Co. stocks or bonds before December 20, 2025, and either sold or continued to hold them after that date [3][7]. Group 3: Claim Registration Process - Investors wishing to register for claims must provide specific documents, including a copy of their ID, a securities account confirmation, and transaction records from the date of initial purchase to the present [4][8]. - The conditions for claims may be adjusted based on the conclusions of the CSRC's administrative penalties, and the administrative penalty decision is considered a necessary prerequisite for filing lawsuits [8].

登录新浪财经APP 搜索【信披】查看更多考评等级 卓然股份（维权）被查出在上市后，违规挪用了原本应该用于项目建设（募投项目）的9.2亿IPO募集资金，并且没有如实披露。 公司老板（实控人）和 相关高管因此被处罚和立案调查。 具体来说： 1. 发生了什么？ 资金挪用：2021年到2024年期间，公司把一部分IPO募集的资金，通过老板张锦红控制的供应商或中间渠道转走。 资金去向：这些钱进入了一个"体外资金池"。其中一部分很快又转回了公司自己的其他账户，另一部分则流向了老板张锦红间接控制的其他企业。 信息披露违规： 公司没有如实公布募集资金的真实使用情况和这些关联方的资金往来。 2. 监管如何处罚？（上海证监局的行政监管措施） 对公司（卓然股份）： 责令改正，要求30天内提交整改报告。 对相关责任人： 对当时的董事长张锦红、财务总监吴玉同、董事会秘书张笑毓出具警示函。 3. 更严重的问题（证监会的立案调查） 在同一天，中国证监会决定对卓然股份及其实控人张锦红正式立案调查，原因是"涉嫌信息披露违法违规等事项"。立案调查比上面的监管措施更严重，意 味着进入了执法程序，未来可能会根据调查结果作出更严厉的行政处罚。 总结一 ...