Investors who suffered losses can seek compensation. Shuangliang Eco-Energy Systems Co.,Ltd. (600481) announced on March 14, 2026, that its controlling shareholder, Shuangliang Group Co., Ltd., received a formal investigation notice from the China Securities Regulatory Commission (CSRC). The notice stated that due to suspected violations of information disclosure laws and regulations, including the Securities Law and the Administrative Punishment Law, the CSRC has decided to initiate an investigation into Shuangliang Group. This investigation is related to the company's own case involving suspected misleading statements in its February 27, 2026, disclosures and is a continuation of that previous matter. The company stated this will not impact its or its subsidiaries' production and operational activities, and business operations remain normal.
Previously, on the evening of February 27, 2026, Shuangliang Eco-Energy received a similar investigation notice from the CSRC regarding the company's own suspected misleading statements and other information disclosure violations.
In early March 2026, a claim case for Shuangliang Eco-Energy investors represented by lawyer Xu Feng was filed with the court and is currently awaiting the court's next steps. The legal team is simultaneously progressing with filing subsequent cases and continues to accept mandates from other investors.
Earlier, on February 12, 2026, the Shanghai Stock Exchange issued a decision to issue a regulatory warning to Shuangliang Eco-Energy Systems Co., Ltd. and relevant responsible persons.
Lawyer Xu Feng believes that investors who purchased Shuangliang Eco-Energy stocks or bonds between 13:25 on February 12, 2026, and the market close on the same day are currently eligible to initiate claims.
In addition to the Shuangliang Eco-Energy case, Lawyer Xu Feng indicated that the investor claim case for Vtron Group Co.,Ltd. (002308) has already seen successful verdicts.
The Vtron Group investor claim case represented by Lawyer Xu Feng has been filed multiple times with the Guangzhou Intermediate People's Court and is currently awaiting the court's next arrangements. The legal team is also continuing to accept mandates from other investors.
On February 21, 2025, Vtron Group announced that it received an "Administrative Penalty Decision" from the CSRC's Guangdong Bureau. The investigation found that Vtron Group, Liu Jun, and Lu Keping were involved in the following information disclosure violations: 1. Lu Keping failed to inform Vtron Group of the change in actual controller; Vtron Group failed to disclose the relevant situation promptly as required; Vtron Group's 2023 semi-annual report contained false records. 2. Liu Jun failed to fulfill the reporting obligation for the agreement-based share acquisition as required; Lu Keping failed to inform Vtron Group of significant changes in the controlling shareholder's situation; Vtron Group failed to fulfill the relevant information disclosure obligations promptly. 3. Vtron Group failed to disclose the occupation of company funds by related parties for non-operational purposes in a timely manner as required. 4. Vtron Group failed to disclose the company's non-operational fund transactions with related parties promptly as required; Vtron Group's 2023 third-quarter report contained false records.
Xu Feng, a lawyer specializing in stock compensation cases, believes that investors who purchased Vtron Group stock between June 21, 2023, and December 23, 2023, and sold or continued to hold the stock after December 23, 2023, are still eligible to initiate claims.
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