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On the evening of March 13, 2026, Shuangliang Energy Saving (rights protection) System Co., Ltd. (stock code: 600481, securities abbreviation: Shuangliang Energy Saving) issued the "Announcement on the Controlling Shareholder's Receipt of the Notice of Case Filing from the China Securities Regulatory Commission." Because the company's controlling shareholder Shuangliang Group Co., Ltd. was suspected of illegal activities such as misleading statements in information disclosure, the China Securities Regulatory Commission decided to open a case against the company's controlling shareholder in accordance with the Securities Law of the People's Republic of China, the Administrative Punishment Law of the People's Republic of China and other laws and regulations.
The company stated that the matters filed against Shuangliang Group Co., Ltd. this time are related to the company's misleading statements in information disclosure on February 27, 2026 and other illegal and illegal matters filed. It is a continuation of the previous matter and will not have an impact on the production and operation activities of the company and its subsidiaries. The company's operations are all normal.
Li Jian, a lawyer from Zhejiang Yufeng Law Firm who has represented investors in lawsuits against more than 130 listed companies and received compensation, said that according to the relevant case filing announcement, Shuangliang Energy Saving and its controlling shareholder were suspected of securities misrepresentation, and injured investors can claim compensation according to law. (Lawyer Li Jian’s column)
It is worth noting that on February 12, 2026, the Shanghai Stock Exchange issued the "Decision on Supervisory Warnings on Shuangliang Energy Saving System Co., Ltd. and relevant responsible persons."
According to the Supreme People's Court's Judicial Interpretation of Misrepresentation, if listed companies, controlling shareholders, etc. cause losses to investors' rights due to misrepresentation of securities, investors can sue for compensation in accordance with the law. The scope of claims includes investment difference losses, commissions, and stamp duty losses.
"The judicial interpretation has canceled the preliminary procedures. Based on preliminary evidence such as the announcement of the filing of the case, investors can also sue for compensation." Lawyer Li Jian said that according to the judicial interpretation, it is tentatively decided that damaged shareholders who bought Shuangliang Energy Saving stocks from 13:25 on February 12, 2026 to the closing of the day, and still held the stock at the closing of the day, can claim compensation according to law. The conditions for claiming compensation are subject to the determination of the court. (Shuangliang Energy Saving Rights Protection Entrance)
Investors seeking compensation must provide securities account opening information inquiry form, stock statement (from the date of first purchase of the stock to present), contact information, etc.
[This article was contributed by lawyer Li Jian of Zhejiang Yufeng Law Firm and does not represent the position of Sina Finance. Lawyer Li Jian is a director of the Securities Law Research Association of the China Law Society and a securities dispute mediator of the Securities Association of China. In 2009, he was awarded the title of “Outstanding Young Lawyer of Zhejiang Province”. Since 2003, Lawyer Li Jian has represented investors in lawsuits against more than 130 listed companies such as Wuliangye and Dazhizhi and obtained compensation, with remarkable results. Among them, the Xiangyuan Culture and Zhao Wei cases were selected as the top ten commercial cases of the People's Court in 2019, the Hangxiao Steel Structure (Rights Protection) case was selected as the "Top Ten Mediation Cases of National Courts" in 2012, the Huifeng Shares case was the first general representative case in securities disputes in Jiangsu Province, and the Oriental Electronics case was the first securities civil compensation case in China. Lawyer Li Jian has been interviewed by more than 100 news media including CCTV, Xinhua News Agency, Securities Times, Securities Daily, China Securities Journal, People's Court Daily, China Business News and more than 1,000 times. Practice certificate number: 13301200210145176)]
