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CSRC: Supporting Relevant Market Institutions and Personnel in Voluntarily Carrying Out Advance Compensation Efforts to Actively and Effectively Resolve Market Disputes
①The relevant department head of the CSRC stated that the Jintong Ling case is another securities misrepresentation liability dispute case where a substantive judgment has been made using the special representative litigation procedure, following the Kangmei Pharmaceutical case and the Zeda Yisheng case. ②On December 30, Minmetals Securities announced the establishment of an advance compensation special fund for the false statement case of Guangdao Digital. The China Securities Investor Protection Fund Co., Ltd. announced its appointment as the fund manager.
Express News | Wu Qing: Tighten the “safety net” for investors to protect
The delisting case of the Sci-Tech Innovation Board raises accountability issues; who will bear the cost of "fraud"?
Revenge begets revenge. In August 2025, a notice of response from the Shanghai Financial Court left the management of Geer Software sleepless. This publicly listed company, branded as the 'Guardian of Data Security,' suddenly found itself embroiled in a recovery lawsuit involving a sum of 372 million yuan. It is not the only defendant; 39 companies and 2 individuals have been brought to the defendant's bench due to 'secret transactions' with Zeda Yisheng from several years ago. The plaintiffs are Dongxing Securities, Tianjian Accounting, and Kangda Law Firm, who had acted as the underwriters for Zeda Yisheng's IPO at the time. Behind this lawsuit is
Express News | Zeda and those responsible for delisting were publicly condemned by the Shanghai Stock Exchange for not disclosing regular reports, etc. within the statutory period
Shareholders received compensation of up to 5 million yuan! First China Securities Class Action Settlement Case Enters into Force
Glonghui, December 26 | According to the Securities Times, we learned from the Shanghai Financial Court that today, investors in the Shanghai Financial Court against the listed company Zeda Yisheng (Tianjin) Technology Co., Ltd. (Zeda Yisheng) and 12 defendants, including its actual controllers, executives, and intermediaries, have been settled through mediation — this is the first case in the country involving a special representative of a company listed on the Science and Technology Innovation Board, and it is also the first case in China Securities Class Action Settlement. Through mediation, 7195 investors received full compensation, and the 7195 representatives of China Securities Small and Medium Investors Service Center Co., Ltd. (Small and Medium Investment Service) were suitable