Orient Group Incorporation (600811) Investor Compensation Case to Proceed to Court

Deep News11-14

Investors who suffered losses can register their claims on the Sina Investor Rights Protection Platform: http://wq.finance.sina.com.cn/. Follow @SinaSecurities on Weibo, search for "Sina Investor Rights Protection" on Baidu, or visit the Sina Finance app or homepage for more information.

On November 28, 2025, a portion of the investor compensation cases against Orient Group Incorporation (600811), represented by lawyer Xu Feng of Shanghai Jiucheng Law Firm, will proceed to court. The legal team continues to file additional cases and is still accepting claims from affected investors.

On the evening of March 16, 2025, Orient Group announced that it had received a "Prior Notice of Administrative Penalty" from the China Securities Regulatory Commission (CSRC). The investigation revealed that from 2020 to 2023, Orient Group engaged in financing-related and circular trades of agricultural products by artificially adding transaction layers or fabricating business chains. These activities were aimed at maintaining market share in agricultural trade, meeting financing needs, and fulfilling performance targets.

The fraudulent sales inflated Orient Group's reported revenues by RMB 3,896,546,638.75, RMB 4,865,498,090.36, RMB 6,542,641,212.14, and RMB 824,804,130.07 for 2020–2023, accounting for 25.20%, 32.05%, 50.44%, and 13.56% of the disclosed revenues (pre-correction), respectively. Similarly, operating costs were overstated by RMB 3,875,480,343.50, RMB 4,844,256,749.59, RMB 6,530,267,411.95, and RMB 823,740,728.14, representing 23.74%, 29.57%, 45.43%, and 11.45% of the disclosed costs. Consequently, the company’s annual reports from 2020 to 2023 contained false records.

Lawyer Xu Feng, director of Shanghai Jiucheng Law Firm, stated that investors who purchased Orient Group shares between April 30, 2021, and June 22, 2024, and sold or held them after June 22, 2024, may still file compensation claims.

(Note: This article is contributed by lawyer Xu Feng and does not represent the views of Sina Finance. Xu Feng, licensed since 2008, specializes in securities fraud litigation, including misrepresentation, insider trading, and market manipulation. Over the past decade, he has represented investors in nearly 200 successful compensation cases, with hundreds more currently under litigation.)

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