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Guangdong Huatie Tongda High Speed Rail equipment Co., Ltd. received the Administrative penalty decision ([2024] No. 11, [2024] No. 12) and Market ban decision ([2024] No. 1) issued by the Guangdong Regulatory Bureau of China Securities Regulatory Commission on May 10, 2024. The relevant contents are hereby announced as followsBaccaratdragon:

It has been found out that China Railway shares and Xuan Ruiguo have the following illegal facts: first, there are false records in China Railway shares' annual report in 2020 and 2021; second, China Railway shares did not disclose related party transactions in accordance with the regulations, and there were major omissions in the 2019 annual report, 2020 annual report, 2021 annual report and 2022 annual report.

Lawyer Luo Jianxin is acting for part of the investor v. ST China Railway (rights protection) securities false statement case, which is being carried out in an orderly manner, and qualified investors will join the claim as soon as possible. The conditions of claim are tentatively set as follows: the injured investor who bought the shares of China Railway between April 25, 2018 and April 29, 2023, and sold or held the shares on April 30, 2023; the conditions of claim are finally subject to the determination of the court. (ST China Railway Rights Protection entrance)

Lawyer Luo Jianxin said: (lawyer Luo Jianxin column)

According to the latest provisions of the Securities Law and the relevant judicial interpretation of the Supreme people's Court, the information disclosure obligor violates the provisions of laws, administrative regulations, rules and normative documents formulated by regulatory departments on information disclosure, if there are false records, misleading statements or major omissions in the disclosed information, the people's court shall identify them as false statements. The scope of compensation includes: investment difference, commission, stamp duty and interest loss, etc.

Lawyer Luo Jianxin reminds us of litigation matters:

1. The limitation of action in a case is 3 years. If the lawsuit is sued after the limitation of action has passed, the investor will lose the right to win the lawsuit.

2. Investors are required to prepare a list of claim materials:

twoBaccaratdragon.1. Stock trading records (or statements)

2.2. Proof of securities account

2.3. Scan the front and back of the ID card.

3. The above prompt claim conditions, compensation object and scope are for reference only, and finally the judgment effective by the court shall prevail.

4. The lawyer's fee is the risk agent and will be paid after the investor has actually received the compensation.

(this article is contributed by Luo Jianxin, a lawyer from Guangdong Jinqiao Baixin Law firm, and does not represent the position of Sina Finance. Lawyer Luo Jianxin is a partner of Guangdong Jinqiao Baixin Law firm, founder and director of Jinqiao Securities Litigation Center, arbitrator of Guangzhou Arbitration Commission, and member of Securities Law Committee of Guangzhou Bar Association. Lawyer Luo has practiced for more than 20 years, holds securities, fund and futures qualification certificates, and is a senior shareholder. He has set up a professional securities litigation team, including listed companies' securities misrepresentation, insider trading, manipulation, equity disputes, securities criminal rights protection and defense, and has successfully represented or is acting for a large number of securities rights protection cases with rich experience. )