Home » How does Liyuan Refinement’s share price rise by the limit before how can investors participate in the claim?_Finance Channel_Securities Star

How does Liyuan Refinement’s share price rise by the limit before how can investors participate in the claim?_Finance Channel_Securities Star

by admin

(Original title: How can investors who have been damaged before Liyuan Refinement’s stock price limit up?)

Jilin Liyuan Refining Co., Ltd. will withdraw the delisting risk warning from the market opening on July 1, 2022. The stock abbreviation was changed from “*ST Liyuan” to “Liyuan Refining”; the stock code was still “002501”.

Liyuan Refining said that at present, the Liaoyuan Intermediate Court has ruled to confirm that the company’s reorganization plan has been completed, and according to the company’s 2021 annual report, the company’s operating income in 2021 will be about 366.95 million yuan, and the operating income after deduction is about 350.6 million yuan; attribution; The net profit to shareholders of the listed company is about -449.37 million yuan; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses is about -590.74 million yuan; the net assets attributable to shareholders of the listed company are about 1,661.52 million yuan. According to relevant laws and regulations, the situation where the company was issued a delisting risk warning and the situation in which the company’s stock trading was issued a special delisting risk warning have been eliminated.

Affected by the above news, the stock price of Liyuan Refining opened at the daily limit on July 1 and closed at 2.40 yuan per share. The company’s total market value was 8.52 billion yuan.

Lawyer Liu Peng of Shanghai Huzi Law Firm reminded that investors who had previously suffered losses due to Liyuan Refinement’s misrepresentation should file a lawsuit with the company in time to protect their rights.

See also  Neoliberalism - the opiate of the elite?

Due to suspected information disclosure violations, on July 30, 2020, Liyuan Refining received the “Administrative Penalty Decision” issued by the Jilin Securities Regulatory Bureau. After investigation, the company has six major violations: suspected of failing to disclose the pledge of major shareholders’ shares in a timely manner, failing to disclose the freezing of major shareholders’ shares in a timely manner, failing to disclose in a timely manner the overdue default of major debts, and failing to disclose the progress of the trial production of rail vehicle prototypes in a timely manner. , Failure to disclose the changes in the amount of foreign investment projects in a timely manner, and failure to timely disclose the mortgage and seizure of major assets. Therefore, the Jilin Securities Regulatory Bureau issued the “Administrative Penalty Decision” to Liyuan Refining and 8 responsible persons.

In response to the punished case, lawyer Liu Peng stated that he bought Liyuan Refined stock from February 7, 2018 to July 27, 2018, and sold or still held it after July 28, 2018 Investors who lose money due to this stock can register and participate in the claim through the WeChat public account “Public Securities News” (feature code: 11011). The statute of limitations for this case expires on July 30, 2023.

It is worth mentioning that on May 26, 2021, Liyuan Refined disclosed that the company was again investigated by the China Securities Regulatory Commission for suspected information disclosure violations. As of press time, the above investigation is still in progress, and the company has not yet received the CSRC’s conclusive opinion or decision on the above-mentioned investigation. The company stated in its announcement on June 24, 2022 that if the company is subject to administrative punishment by the China Securities Regulatory Commission, and the violation involves major violations of forced delisting, the company’s shares may be at risk of termination of listing.

See also  Guosheng Securities: Nvidia (NVDA.US) financial report enlightens optical module provider Zhitong Finance

Scan the QR code to register for a claim

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy