Investors who suffered losses can register their claims through relevant investor rights protection platforms.
On May 25, 2026, attorneys representing investors in a securities misrepresentation case against Suzhou Goldengreen Technologies Ltd. (*ST Hengjiu, 002808) filed another batch of lawsuits with the Suzhou Intermediate People's Court. The legal team has submitted multiple rounds of cases to the court and is currently awaiting further procedural arrangements while continuing to accept new mandates from other affected investors.
The case stems from an administrative penalty decision issued by the Jiangsu Securities Regulatory Bureau against the company on June 27, 2025. Legal counsel suggests that investors who purchased *ST Hengjiu shares between April 22, 2020, and November 10, 2023, and sold or continued to hold those shares after November 10, 2023, may still be eligible to file claims, noting that the statutory limitation period is approaching its deadline.
In a separate development, on May 22, 2026, a new batch of investor compensation cases against Shenzhen Deren Electronic Co.,Ltd. (ST Derun, 002055) was accepted for filing by the Shenzhen Intermediate People's Court. This marks another instance of court acceptance for cases related to this company, with the legal team also awaiting next steps from the judiciary and continuing to accept new clients.
The action against ST Derun follows an administrative penalty decision from the Shenzhen Securities Regulatory Bureau received on March 27, 2026. The investigation found that from 2020 to 2021, due to financial difficulties of a major client, the company's actual controller and then-chairman Qiu Jianmin provided financial support through personal funds and external borrowing to help the client and other entities repay historical debts to ST Derun. Qiu did not disclose the true source of these funds to the company, leading to the fabrication of collections totaling approximately 394.58 million yuan in 2020 and 112.96 million yuan in 2021. This resulted in an understatement of credit impairment losses and capital reserve by significant amounts for those years.
Furthermore, in June 2022, Qiu coordinated for a subsidiary to provide funds to an associate company in the form of advance payments, which were used to repay financial assistance from ST Derun. This led to fabricated collections of approximately 26.84 million yuan and an understatement of credit impairment losses in the first half of 2022.
These actions caused false records in the company's 2020 and 2021 annual reports, as well as its 2022 semi-annual report.
Legal counsel advises that investors who purchased ST Derun shares between August 27, 2020, and December 30, 2023, and sold or held them after December 30, 2023, may still be eligible to seek compensation.