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The 263 Securities false disclosure liability dispute case has entered the procuratorial supervision stage, involving an amount of 7.15 hundred thousand yuan.
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Sino-American Network Communication Co., Ltd. (hereinafter referred to as “the Company”) recently announced that there has been new progress in a securities false statement liability dispute case involving the Company. The Beijing People’s Procuratorate has decided to accept the civil procuratorial supervision application filed by plaintiff Jiang**. Currently, the case has entered the stage of legal procuratorial supervision.
The announcement shows that the case was initially filed by Jiang** on July 7, 2023, with the cause of action being a securities false statement liability dispute, involving an amount of 71.5k yuan. Previously, the Beijing Higher People’s Court had made a judgment on the case. Dissatisfied with the judgment, Jiang** applied to the Beijing People’s Procuratorate for civil procuratorial supervision.
The company stated that as of the date of this announcement, whether Jiang**'s supervision application will be supported by the Beijing People’s Procuratorate remains uncertain, so the impact of this case on the company’s current or future profits is uncertain. The company will perform relevant accounting treatment in accordance with the requirements of accounting standards and actual circumstances at that time, and will continue to monitor the case’s progress and fulfill information disclosure obligations in a timely manner.
In addition, 263 explicitly stated in the announcement that the company and its controlling subsidiaries do not have any other litigation or arbitration matters that should be disclosed but have not been disclosed.
Click to view the original announcement>>
Disclaimer: The market carries risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information appearing in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.
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Editor: Xiao Lang Express