On June 4, 2026, investor compensation claims against Beijing Orient Ecoenergy Co.,Ltd. (002310), related to alleged misrepresentation, were submitted to the court again by lawyer Xu Feng from Shanghai Jiucheng Law Firm, with the case now in its final countdown phase.
The legal team representing investors in Beijing Orient Ecoenergy Co.,Ltd. has submitted the case to the Beijing Financial Court multiple times and continues to advance the filing of subsequent cases while accepting new mandates from other affected investors.
On the evening of January 31, 2024, Beijing Orient Ecoenergy Co.,Ltd. announced it had received an "Administrative Penalty Decision" from the Beijing Regulatory Bureau of the China Securities Regulatory Commission. Lawyer Xu Feng suggests that investors who purchased the company's shares between April 30, 2020, and July 13, 2023, and sold or held them after July 13, 2023, may still initiate claims.
In addition to the new filing for Beijing Orient Ecoenergy Co.,Ltd., on June 4, 2026, investor compensation claims against Wuliangye Yibin Co.,Ltd. (000858), also represented by lawyer Xu Feng, were submitted to the court again.
On May 20, 2026, a claim against Wuliangye Yibin Co.,Ltd. represented by lawyer Xu Feng was accepted by the Chengdu-Chongqing Financial Court and is currently awaiting the court's next steps. The legal team continues to accept new mandates from other investors.
On the evening of April 30, 2026, Wuliangye Yibin Co.,Ltd. issued an announcement regarding the correction of prior accounting errors. Lawyer Xu Feng, specializing in securities claim litigation, believes investors who purchased the company's shares between April 28, 2025, and May 1, 2026, and sold or held them after May 1, 2026, may still be eligible to file claims, subject to final court determination.
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