Investors who have suffered losses can register their claims against the company on the Sina Investor Rights Protection Platform: http://wq.finance.sina.com.cn/ On the evening of January 7, 2026, Shandong Xinhua Jin International Co., Ltd. (hereinafter referred to as "Xinhua Jin" or "the Company") issued an announcement regarding abnormal stock price fluctuations. From January 5 to January 7, 2026, the cumulative deviation in the closing price of ST Xinhua Jin over three consecutive trading days exceeded 12%, triggering an abnormal volatility scenario as defined by the Shanghai Stock Exchange Trading Rules. Furthermore, the company is also facing potential investor claims. Lawyer Zhao Jingguo from Shanghai Xinben Law Firm indicated that investors who purchased shares between March 30, 2019, and April 29, 2024, and held them, regardless of whether they sold the shares on or after April 30, 2024, may voluntarily register claims through the "Sina Investor Rights Protection Platform". In March 2019, the company disclosed arrangements for daily connected transactions with its controlling shareholder and related parties, involving various businesses such as sales, procurement, and leasing. In April 2024, an announcement revealed that the actual amount of connected transactions in 2023 was significantly lower than forecasted, while the scale of connected guarantees increased substantially. When the 2025 interim report was disclosed, it exposed that the Xinhua Jin Group and its related parties had misappropriated 406 million yuan of the company's funds for non-operational purposes. The Qingdao Securities Regulatory Bureau issued a regulatory decision, ordering the recovery of these funds within six months, failing which the company would face a delisting risk warning. From January 5 to January 7, 2026, the company's stock experienced a cumulative price deviation exceeding 12% over three consecutive trading days, triggering the abnormal trading volatility. The Xinben Investor Claims team reminds that as Xinhua Jin has been subject to administrative regulatory measures, investors who have suffered losses as a result can voluntarily register claims through the "Sina Investor Rights Protection Platform". Claim Eligibility Criteria: Xinhua Jin: According to relevant judicial interpretations, investors who meet the following criteria may initiate claims: those who purchased shares between March 30, 2019, and April 29, 2024, and held them, regardless of whether they sold the shares on or after April 30, 2024. (This article was contributed by Lawyer Zhao Jingguo, a partner at Shanghai Xinben Law Firm, and does not represent the views of Sina Finance. Lawyer Zhao Jingguo obtained his lawyer qualification in 1999, possesses a solid theoretical foundation in law, and previously taught at a university. He began practicing law in 2004 and has handled over a thousand various litigation cases, accumulating extensive experience in dispute resolution, with particular expertise in securities disputes, finance, and non-performing assets. To date, Lawyer Zhao Jingguo has represented investors in claim cases against numerous listed companies, with cases that have already been won or compensated including claims against Zhonganke, Zhongbing Hongjian, Busen Apparel, Zhongqian Co., Ltd., Auruide, Zhangzi Island, Tianyu Entertainment, Fushun Special Steel, Feile Acoustics, Xiangyi Financial, Yan'an Bikang, Huanrui Century, Zijing Storage, Zeda Easyshare, Annie Co., Ltd., among others.)
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