The Zhangzidao claim case involved more than 100 million yuan, and lawyers suggested that qualified investors should sue as soon as possible.

(Original title: Zhangzidao claim case involving over 100 million yuan lawyers suggested that qualified investors should sue as soon as possible)

Recently, Zhangzidao (002069) issued an announcement to disclose that as of March 11, the company’s accumulative undisclosed litigation amount for 12 consecutive months totaled 10.5068 million yuan, accounting for more than 10% of the absolute value of the company’s latest audited net assets. .

In the announcement, Zhangzidao explained the progress of investor lawsuits. As of the date of the announcement, the company has received 529 civil lawsuits filed by some small and medium investors on the grounds of “securities misrepresentation liability disputes”, with a total amount of about 109 million yuan involved. Among them, the Dalian Intermediate People’s Court has decided 173 cases, involving a total amount of 60.3533 million yuan; 1 case has not been decided, and the total amount of claims is 3.0785 million yuan; the plaintiff voluntarily applied for withdrawal of 60 cases, involving a total amount of 7.6927 million yuan; signed A total of 246 cases have been settled, involving a total amount of 32.313 million yuan; a total of 49 cases have not yet been held, withdrawn or settled, with a total amount of about 6.1745 million yuan.

Among the 173 cases that have been judged above, 155 cases have come into effect, involving an amount of 20.730 million yuan, and the company has successively paid the judgment compensation; 18 cases have been appealed, involving an amount of 39.6233 million yuan, and the Liaoning Provincial High Court has not yet trial.

Zhangzidao stated in the announcement that the company has fully included the above-mentioned investor lawsuits, the settlement payment paid by the company, and the first-instance judgment compensation into the current non-operating expenses; for cases that have not been judged, refer to the compensation ratio of judged cases and deduct the company’s In the 2020 Annual Report, 6 million yuan of estimated liabilities have been accrued, and the rest have been accrued in accordance with relevant accounting standards.

Attorney Liu Peng of Shanghai Huzi Law Firm reminded that the case of investors v. Zhangzidao Securities for misrepresentation is still within the statute of limitations, and qualified investors should sue as soon as possible. According to the existing court judgments and relevant judicial interpretations, anyone who bought Zhangzidao stock from March 21, 2017 to February 9, 2018 and sold or continued to hold the stock after February 10, 2018 suffered a loss Investors can register through the WeChat public account “Public Securities News” (feature code: 11011) to participate in the claim.

It is worth mentioning that after the market close on February 23, Zhangzidao issued an announcement stating that some of the company’s shares held by the company’s controlling shareholder will be subject to judicial auction. If this auction transaction is concluded, it will lead to changes in the company’s controlling shareholder and actual controller. .

According to the announcement, Zhangzidao received a notice from the controlling shareholder, Changhai County Zhangzidao Investment and Development Center, that 109.96 million shares of the company it held will be auctioned online at the Beijing Equity Exchange from March 25, 2022 to March 26, 2022. Public auctions are held on the platform. The auction shares accounted for 68.7384% of the company’s total shares, accounting for 15.4631% of the company’s total share capital.

Zhangzidao said that if this judicial auction of shares is finally concluded, Changhai County Zhangzidao Investment Development Center will passively reduce its holdings and lead to changes in equity, which will affect the status of its controlling shareholder, and the final execution result shall prevail.

The reporter learned from lawyer Liu Peng that, according to relevant laws and regulations, even if the controlling shareholder or actual controller of a listed company changes, it will not affect investor litigation and claims.

Reporter Li Yan

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