Recently, Nanjing Panda Electronics Company Limited (Stock Code: 600775) released its "Semi-Annual Performance Forecast for 2025," projecting a net loss attributable to parent company shareholders of approximately 54 million to 45 million yuan for the first half of 2025.
Attorney Li Jian from Zhejiang Yufeng Law Firm, who has successfully represented investors against over 100 listed companies and secured compensation, stated that the statute of limitations for compensation claims in the Nanjing Panda Electronics false statement case has not yet expired, and affected shareholders can still file lawsuits.
Case Background: On January 14, 2025, Nanjing Panda Electronics announced that the company and related personnel had received warning letters from the Jiangsu Securities Regulatory Commission. The announcement revealed that on January 30, 2024, Nanjing Panda Electronics disclosed its "2023 Annual Performance Forecast," predicting net profit attributable to listed company shareholders of approximately 16.19 million to 24.29 million yuan, and net profit excluding non-recurring gains and losses of approximately -3.27 million to 4.82 million yuan.
However, when the company disclosed its "2023 Annual Report" on March 29, 2024, the actual net profit attributable to listed company shareholders was -237.86 million yuan, and net profit excluding non-recurring gains and losses was -257.01 million yuan. The significant discrepancy between the performance forecast and actual results, including a change from profit to loss, constituted inaccurate information disclosure.
According to the new judicial interpretation on securities false statements, when listed companies are suspected of securities false statements that cause investor losses, affected investors can file lawsuits for compensation. The compensation scope includes investment differential losses, commission fees, and stamp tax losses.
"We are representing shareholders in batches for lawsuit compensation," Attorney Li Jian stated. According to the judicial interpretation, tentatively: shareholders who purchased Nanjing Panda Electronics stock between January 31, 2024, and March 28, 2024, and held the stock at the close of March 28, 2024, may be eligible for compensation. Whether compensation can be obtained and the amount will ultimately be determined by the court.
Shareholder compensation claims require providing securities account information inquiry statements, stock transaction statements (from January 1, 2024, to present), and contact information.
Attorney Li Jian is a director of the Securities Law Research Association of the China Law Society and a securities dispute mediator of the Securities Association of China. He was honored as an "Outstanding Young Lawyer of Zhejiang Province" in 2009. Since 2003, Attorney Li Jian has successfully represented investors against over 100 listed companies and secured compensation with remarkable results. Notable cases include the Xiangshui Culture and Zhao Wei case, which was selected as one of the top ten commercial cases of People's Courts in 2019, and the Hangxiao Steel Structure case, which was selected as one of the "Top Ten National Court Mediation Cases" in 2012. The Huifeng Shares case was the first securities dispute ordinary representative lawsuit in Jiangsu Province.
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