On October 11, 2022, Bobaolong (002776) issued the "Progress Announcement on Matters Related to the Company's Implementation of Other Risk Warnings". The company's illegal guarantee matters have not been properly resolved, and there is a risk of being unable to promptly recover the deducted funds and lifting the guarantee liability. It is worth noting that the case of false statements of Bobaolong (002776) is underway and qualified investors can participate in the claim.
Bolong (002776) was administratively punished by the China Securities Regulatory Commission on April 19, 2022 for illegal and irregular information disclosure, with a fine of up to 10 million yuan. Baibaolong (002776) is suspected of civil infringement. The false statements he committed have a causal relationship with the losses suffered by shareholders in buying and selling stocks. He should bear civil compensation liability according to law. The damaged investors can claim compensation and recover the losses by suing the court.
According to the recent announcement of investor litigation matters disclosed by Baibaolong (002776), the total amount of investor litigation lawsuits is 18.3912 million yuan, and the case has not yet been closed. The lawyer reminds investors who meet the requirements for claims to file a lawsuit in accordance with the law and demand that the company compensate for the losses. In combination with the announcement of Bobourglong (002776) and the legal and judicial interpretations, investors who buy Bobourglong (002776) shares from June 17, 2015 to March 18, 2021 and sell or hold the shares on or after March 19, 2021 can file a claim (the final decision shall prevail).
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