On the evening of May 16, 2024, Hongda Xincai (Rights Protection)(002211) issued a progress announcement on investor litigation matters, revealing that the company recently received 1 "Civil Mediation Statement" and 5 "Civil Judgment" issued by the Shanghai Financial Court. The announcement mainly reached a settlement on some previous investor claims. Judging from the announcement, some investors may have opportunities to claim compensation.

Lawyer Xu Jin (Practice Certificate No. 14403200610948623) of Beijing City Yingke (Shenzhen) Law Firm believes that according to the new judicial interpretation of false statements of securities, the pre-procedure has been clearly cancelled. Investors who cause losses due to false statements by listed companies can file a civil compensation lawsuit with a court with jurisdiction to safeguard their legitimate rights and interests. The scope of claims for losses include losses on investment balance, stamp duty and commission losses. (Xu Jin Lawyer Column)

Provisional claim conditionscrashbandicootbox：

Impaired investors who bought between April 7, 2020 and January 11, 2022, and sold or continued to hold after January 11, 2022 (ultimately subject to the court's decision). (Hongda New Materials Rights Protection Entrance)

Investors should prepare the following materials: a copy of their ID card, a confirmation form of securities account opening information (the original is stamped with the seal of the securities company's business department), and a flow of securities trading records (from the first purchase of the stock to the present and stamped with the seal of the securities company's business department).

(This article was contributed by Lawyer Xu Jin (Practice Certificate No. 14403200610948623) from Beijing City Yingke (Shenzhen) Law Firm and does not represent Sina Finance's position. Lawyer Xu Jin is good at defending shareholders 'rights and claims in misrepresentation cases of listed companies. Over the past ten years, he has represented investors in suing many listed companies for successful claims.)