On August 25, 2023, Huizhou EVE Lithium Energy Co., Ltd. (hereinafter referred to as the company or EVE Lithium Energy) disclosed that it had received the "Announcement of the Warning Letter from the Guangdong Securities Regulatory Bureau".
After investigation, since November 2022, EVE has had a number of related party transactions with related parties Qujing Defang EVE and Changzhou Beiteri New Materials, with a total transaction amount of 23100 million yuan, but failed to perform the related party transaction review procedures and information disclosure obligations in a timely manner as required, and did not convene the board of directors and the general meeting of shareholders to supplement the review and disclosure of relevant related party transactions until April 17 and May 18, 2023, respectively.
The Guangdong Regulatory Bureau decided to take administrative supervision measures to issue warning letters to EVE and related parties.
According to the ** Law and the latest judicial interpretations, if there is evidence to prove that the information disclosure obligor has made a false statement, the injured investor can sue for compensation in accordance with the law, and the scope of the claim includes: investment difference, commission, stamp duty.
Regarding the conditions of the claim, Guangzhou Janssen's lawyer team believes that it is tentative: investors who sell or continue to hold the company's shares after April 18, 2023 and incur losses due to losses due to the sale or continued to hold the company's shares between November 1, 2022 and April 1 300014 7, 2023, may consider suing for compensation.
Of course, this is only the investor's right of action, and if the statute of limitations is extinguished if the statute of limitations is not claimed, whether there is a causal relationship, materiality and whether it can be supported still needs to be determined by the court.
According to public information, EVE's main business is the R&D, production and sales of consumer batteries (including lithium primary batteries, small lithium-ion batteries, ternary cylindrical batteries) and power batteries (including new energy vehicle batteries and their battery systems, and energy storage batteries).