Investor Lawsuits Against Leo Group and Shenma Industrial Move Forward with Court Filings

Deep News08-14

Leo Group Co.,Ltd. (002131) and Shenma Industrial Co.,Ltd. (600810) are facing renewed legal actions as their respective investor索赔 cases have been resubmitted to court. On August 13, 2026, Shanghai Jiucheng Law Firm's stock claims lawyer Xu Feng, representing investors in the Leo Group Co.,Ltd. (002131) case involving alleged false statements, filed a new round of claims with the Shaoxing Intermediate People's Court. The lawyer's team has previously filed multiple cases related to this company's alleged misleading disclosures and continues to accept new mandates from affected investors.

On July 3, 2026, the Shenzhen Stock Exchange issued a public reprimand and disciplinary action against Leo Group Co.,Ltd. (002131) and related parties. The exchange found that the company had violated regulations: on January 31, 2026, it disclosed a performance forecast for 2025, projecting a net profit attributable to shareholders of between 190 million yuan and 250 million yuan. However, on April 24, 2026, it issued a correction, revising the expected net profit down to 30 million yuan to 45 million yuan. The final audited annual report for 2025, released on April 29, 2026, showed a net profit of just 33.7444 million yuan. The significant discrepancy between the initial forecast and the audited result constituted a major violation. Lawyer Xu Feng believes that investors who bought shares between January 31, 2026, and April 24, 2026, and held or sold them after April 24, 2026, may be eligible to file claims.

In a parallel development on the same day, the lawyer also filed a new lawsuit for investors in Shenma Industrial Co.,Ltd. (600810) with the court. This case is currently pending the court's next steps, and the legal team continues to accept new claims from other investors. On the evening of April 24, 2026, Shenma Industrial Co.,Ltd. (600810) announced receipt of an "Investigation Notice" from the China Securities Regulatory Commission (CSRC). The CSRC decided to investigate the company for suspected violations of information disclosure laws and regulations, citing the Securities Law and the Administrative Penalties Law. Lawyer Xu Feng, who specializes in stock-related litigation, advises that investors who purchased shares before April 25, 2026, and sold or held them after that date can now prepare to file claims for compensation.

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