Investor Claims Against *ST Cubic (300344) Filed Again in Court

Deep News12-11

Affected investors can register their claims against the company on Sina's investor rights protection platform: http://wq.finance.sina.com.cn/.

On December 8, 2025, Shanghai Jiucheng Law Firm, represented by securities claim lawyer Xu Feng, submitted another batch of investor claims against *ST Cubic (300344) to the Hefei Intermediate People's Court. This follows multiple prior filings, and the legal team continues to advance the case registration process while accepting additional investor claims.

On November 28, 2025, *ST Cubic announced that the company and related individuals received a "Prior Notice of Administrative Penalty and Market Ban" from the Anhui Regulatory Bureau of the China Securities Regulatory Commission (CSRC).

According to the notice, the company's annual reports for 2021, 2022, and 2023 contained false records. Specifically, the falsely reported revenue for 2021 and 2022 totaled RMB 591,582,002.31, accounting for 50.91% of the disclosed total revenue for those two years. The company may face mandatory delisting under Article 10.5.2(6) and (7) of the Shenzhen Stock Exchange ChiNext Listing Rules, which stipulate penalties for companies with consecutive years of financial misrepresentation or significant fraudulent revenue reporting.

Xu Feng, a lawyer specializing in securities claims, stated that investors who purchased *ST Cubic shares between April 25, 2022, and April 29, 2025, and sold or held them after April 29, 2025, may still file claims.

(Note: This information is provided by Xu Feng, a lawyer with extensive experience in securities fraud litigation, including misrepresentation, insider trading, and market manipulation cases. No fees apply unless compensation is secured.)

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