Since Sichuang Yihui Technology Co., Ltd. *** Sichuang Yihui, 300078) was investigated for suspected violations of information disclosure laws and regulations, and the injured investors began to claim compensation for ** false statement. Recently, there is new news that some investors have submitted claim materials to the Hangzhou Intermediate People's Court again and are waiting for the next arrangement.
On September 25, 2023, the China ** Regulatory Commission issued the "Prior Notice of Administrative Punishment and Market Ban" (Zhe Zhi Zi [2023] No. 28) to Sichuang Yihui (300078) and related personnel. It was found that Sichuang Yihui (300078) fabricated material false content in the public offering documents and there were false records in the relevant periodic reports.
According to the newly implemented judicial interpretation of the **misrepresentation infringement case last year and combined with the relevant public disclosure information, the claim conditions of Sichuang Yihui (300078) are preliminarily judged to be: the injured investors who sold or continued to hold Sichuang Yihui (300078) between February 7, 2018 and April 28, 2021 and sold or continued to hold Sichuang Yihui after April 29, 2021.
Sichuang Yihui (300078) was established in 2003 and listed in Shenzhen in April 2010. The company belongs to the security industry in the EAS products of the first business, the main business is the research and development, production and sales of EAS products, EAS products are a kind of anti-theft alarm equipment.