Delisted CubicTech Investors Can Still Seek Claims as Compensation Efforts Continue

Deep News09-03 15:15

Affected shareholders can register for compensation claims regarding the company through the Sina Investor Rights Protection Platform at http://wq.finance.sina.com.cn/. The platform is accessible via following @Sina Finance on social media, subscribing to the Sina Securities WeChat account, searching for "Sina Investor Rights Protection" on Baidu, or visiting the Sina Finance client and homepage.

The investor compensation claim process for CubicTech remains active. Recently, the legal team led by lawyer Liu Peng from Shanghai Huzi Law Firm has submitted a batch of related cases to the Hefei Intermediate People's Court. Investors can still assess their individual circumstances to determine whether they meet the eligibility criteria for filing claims.

CubicTech was delisted on April 22, 2026, with its stock ceasing to be listed for trading. A key reason for the company's delisting was its previously confirmed involvement in severe financial fraud. Based on the verified violations, investors who purchased CubicTech shares between April 25, 2022, and April 28, 2025, inclusive, and either sold them after April 29, 2025, or continued to hold them while incurring losses, may qualify to have their situations further reviewed.

Regulatory investigations revealed that CubicTech made false statements in its financial data from 2021 to 2023. Over these three years, the company inflated its total operating revenue by approximately 638 million yuan while also inflating its operating costs by roughly 628 million yuan. These illegal activities ultimately caused the company to trigger the criteria for mandatory delisting due to major violations.

Beyond the listed company itself, relevant intermediaries have also drawn regulatory attention. Zhongxingcai Guanghua Certified Public Accountants, which issued standard unqualified audit opinions on CubicTech's annual reports for three consecutive years from 2021 to 2023, is currently under investigation by the China Securities Regulatory Commission.

For ordinary investors, information such as listed companies' annual reports and financial data serves as a critical basis for assessing corporate performance and making investment decisions. If such information contains major errors, it may affect investors' trading judgments.

It is important to note that a company's delisting does not automatically eliminate investors' legal avenues for claiming losses. Whether compensation can be obtained depends on a case-by-case evaluation that considers factors including the illegal facts confirmed by regulators, investors' trading activity, and actual losses incurred. Currently, investors who meet the relevant conditions are encouraged to promptly verify their trading records and shareholdings to further confirm whether they are eligible to participate in the claim process.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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