Investors who suffered losses in Xiangyou Technology (湘邮科技) shares are now able to register their claims for compensation through the investor rights platform on Sina Finance. The platform can be accessed via the Sina Finance app, by searching for "Xin Pi" to view rating levels, or by visiting the Sina Finance website, client, or WeChat channels.
On March 16, 2026, Xiangyou Technology received a notice of investigation from the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure regulations. Concurrently, due to an estimated negative net assets at the end of the 2025 fiscal year, the company's stock will be subject to a delisting risk warning after the annual report is disclosed, with its stock abbreviation changing to *ST.
The investor compensation process for this incident is currently ongoing. Based on available information, investors who purchased Xiangyou Technology shares on or before March 16, 2026, and sold them or still held them after March 17, 2026, resulting in losses, are advised to monitor the subsequent compensation arrangements. A dedicated entry point for Xiangyou Technology compensation claims is available.
According to previously disclosed information, Xiangyou Technology issued a profit warning in late January 2026, forecasting a net loss attributable to shareholders of the listed company of approximately 370 million yuan to 550 million yuan for the 2025 fiscal year. This contrasts sharply with the profit reported for the same period in 2024. The company attributed the significant decline to overdue payments from some clients, leading to an estimated provision for impairment of 280 million yuan to 460 million yuan. The substantial impairment has drawn market attention, and its full impact remains to be seen.
Prior to this, the Shanghai Stock Exchange had raised questions about the company's "other industry" business, which had an unusually high gross profit margin, specifically requesting details on the authenticity of transactions with customers such as Tianjin Moshugongchang Environmental Protection Technology Co., Ltd. At the time, the company stated it had communicated with the relevant clients and planned to proceed with collections. However, following the large impairment and the investigation, market concerns about the company's operations and information disclosure have intensified.
The regulatory investigation is still underway, and the final determination of specific violations and responsibilities awaits the conclusion of the probe. If the regulator confirms that Xiangyou Technology violated information disclosure rules, affected investors may have further opportunities to pursue their rights and claims.
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