Shandong Longertek Technology (300594) Investor Compensation Case Submitted to Court, Yong Yue Science&Technology (603879) Compensation Case Continues to Progress

Deep News10-15

On October 14, 2025, lawyer Xu Feng from Shanghai Jiucheng Law Firm announced that the investor compensation case for Shandong Longertek Technology Co.,Ltd. (300594) has been submitted to the court for filing, and is currently awaiting the court's next arrangements. The legal team continues to advance the filing work for subsequent cases and is still accepting compensation commissions from other investors.

On the evening of August 27, 2025, Shandong Longertek Technology Co.,Ltd. (300594) announced that it received "Case Filing Notice" from the China Securities Regulatory Commission (CSRC) on August 27, 2025, issued separately to the company and one of its actual controllers, Mr. Li Jingmao. Due to suspected violations of information disclosure laws and regulations by the company and Mr. Li Jingmao, the CSRC decided to file cases against both the company and Mr. Li Jingmao in accordance with the Securities Law, Administrative Penalty Law and other relevant laws and regulations.

Lawyer Xu Feng believes that investors who purchased Shandong Longertek Technology Co.,Ltd. shares before August 28, 2025, and sold or continue to hold the shares after August 28, 2025, may currently file for compensation claims.

In addition to the Shandong Longertek Technology Co.,Ltd. investor compensation case being submitted to the court, the Yong Yue Science&Technology Co.,Ltd. (603879) investor compensation case is also continuing to progress.

On the evening of August 15, 2024, Yong Yue Science&Technology Co.,Ltd. announced that it received an "Administrative Penalty Decision" from the CSRC. After investigation, the following violations were identified:

First, Yong Yue Science&Technology Co.,Ltd.'s major contract interim announcements contained misleading statements.

Second, Yong Yue Science&Technology Co.,Ltd. failed to timely disclose non-operating capital occupation by related parties, and its periodic reports contained significant omissions.

Xu Feng, director of Shanghai Jiucheng Law Firm, believes that based on the above violations and according to securities law provisions, investors who purchased Yong Yue Science&Technology Co.,Ltd. shares between August 28, 2023, and September 18, 2023, and sold or continue to hold shares after September 18, 2023, as well as investors who purchased Yong Yue Science&Technology Co.,Ltd. shares between March 20, 2022, and October 12, 2023, and sold or continue to hold shares after October 12, 2023, may currently file for compensation claims.

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