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bestslotsites| Progress in shareholder rights protection cases| Dingxin Communications (603421) issued a pre-penalty and will face investor claims

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On the evening of April 29, 2024, Qingdao Dingxin Communication (Rights Protection) Co., Ltd. (hereinafter referred to as "Dingxin Communication" or "the Company") issued a letter of advance notice of Administrative punishment from Qingdao Regulatory Bureau of China Securities Regulatory Commission.BestslotsitesIn the case of Dingxin Communication suspected of failing to fulfill its information disclosure obligations in a timely manner, Qingdao Securities Regulatory Bureau intends to give Dingxin Communication a warning and impose a fine of 700000 yuan. Zhao Jingguo, a lawyer from Shanghai Xinben Law firm (license No.: 13101200410820485), suggests that investors who buy and have positions during the period from February 29, 2024 to March 29, 2024, regardless of whether they sell on or after March 30, 2024, can voluntarily register their claims through the "Sina shareholder Rights Protection platform". (Zhao Jingguo lawyer column)

Review the illegal and illegal cases of Dingxin communication information disclosure. On March 29th, 2024, the company received the notice of filing a case (CSRC No. 0242024006) issued by the China Securities Regulatory Commission (CSRC). Because the company was suspected of failing to fulfill its information disclosure obligations in time, in accordance with laws and regulations such as the Securities Law of the people's Republic of China and the Administrative punishment Law of the people's Republic of China, the CSRC decided to file a case against the company. On April 28, 2024, the company received the "advance notice of Administrative punishment" from the Qingdao Regulatory Administration of the China Securities Regulatory Commission. It has been found out that Dingxin Communication is suspected of breaking the law as follows.BestslotsitesFirst, Dingxin Communication failed to disclose major changes in the external conditions of production and operation in a timely manner.BestslotsitesSecond, Dingxin Communication failed to disclose the disposition of the shares held by the controlling shareholder and the actual controller in a timely manner. Zhao Jingguo, a lawyer from Shanghai Xinben Law firm, believes that investors who buy and hold positions during the period from February 29, 2024 to March 29, 2024, regardless of whether they sell on or after March 30, 2024, can voluntarily initiate claim registration.

Xinben shareholder claim team reminded that Dingxin Communication pre-punishment issued, so damaged investors, can voluntarily initiate claim registration.

Conditions for safeguarding rights:

Dingxin Communications: buy and have a position between February 29, 2024 and March 29, 2024, whether or not it is sold on or after March 30, 2024 (the specific scope of compensation shall be determined by the court) (Dingxin Communications Protection entrance)

(this article is contributed by Zhao Jingguo, a partner of Shanghai Xinben Law firm, and does not represent the views of Sina Finance. Zhao Jingguo, a lawyer who qualified as a lawyer in 1999, has a solid knowledge of legal theory and has taught in colleges and universities. He has been practicing as a lawyer since 2004, has undertaken more than a thousand litigation cases, and has accumulated a wealth of dispute handling experience, especially good at dealing with securities disputes, finance, non-performing assets and other business. Since practice, Zhao Jingguo, a lawyer, has represented investors in a number of claims against listed companies. The cases that have won or have been compensated include Zhonganke claim, Zhongbing Hongjian claim, Busen clothing claim, Zhongqian share claim, Aurid claim, Zhangzi Island claim, Tianshen Entertainment claim, Fushun Special Steel claim, Fei Le Audio claim, Xiangyi Rongtong claim, Yan'an Bikang claim, Huanrui Century claim and so on. )

bestslotsites| Progress in shareholder rights protection cases| Dingxin Communications (603421) issued a pre-penalty and will face investor claims

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