newonlinecasinonodepositbonus| 105 investors from Tianwo Technology (002564) claimed 13.7799 million yuan, but no notice of claim was received from the representative.

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On April 27th, 2024, Tianwo Science and Technology (002564) released the 2023 annual report. With regard to investor claims, Tianwo Science and Technology disclosed that the company received the Administrative penalty decision issued by the Securities Regulatory Commission in December 2023. And have received a number of court notices of litigation claims from minority shareholders on the company's previous information disclosure violations. As of April 26, 2024, the company has received 105 notices of claims from minority shareholders issued by the court, involving a total amount of 1377 yuan.Newonlinecasinonodepositbonus990,000 yuan, no notice of claim has been received from the representative.

Xu Feng, a lawyer from Shanghai Jiucheng Law firm, suggested that the filing of the Tianwo technology investor claim case is still continuing, and it is estimated that the subsequent investor claim will continue to increase. The Tianwo science and technology investor claim case represented by Xu Feng was once again filed with the Suzhou Intermediate people's Court in May, and part of the Tianwo Science and Technology investor claim case has been heard in the Suzhou Intermediate people's Court. The team of lawyers is still continuing to promote the filing of follow-up cases and continue to accept them.NewonlinecasinonodepositbonusHis investor's claim entrustment. (lawyer Xu Feng's column)

On December 28, 2023, Tianwo Science and Technology announced that the company received a "decision on Administrative punishment" issued by the CSRC, and it was found out that the parties concerned had the following illegal facts:

I. there are false records in the periodic report of Tianwo Science and Technology.

China Mechanical Power, a subsidiary of Tianwo Technology Holdings, has false revenue recognition for 37 new energy power projects, and adjusts project revenue and profits by making false output value confirmations or adjusting the project completion schedule, resulting in false records in the periodic reports disclosed from 2017 to 2021.

Tianwo Technology falsely increased its income by 907 million yuan in 2017, accounting for 8.72% of the absolute value of operating income recorded in the current period, and the false profit was reduced by 80 million yuan, accounting for 29.91% of the total profits recorded in the current period. In 2018, the inflated income was 1.971 billion yuan, accounting for 25.59% of the absolute value of operating income recorded in the current period, and the inflated profit was 327 million yuan, accounting for 162.52% of the total profits recorded in the current period. In 2019, the inflated income was 2.39 billion yuan, accounting for 22.17% of the absolute value of business income recorded in the current period, and the inflated profit was 353 million yuan, accounting for 199.88% of the total absolute value of profits recorded in the current period. In 2020, the false reduction in income was 1.377 billion yuan, accounting for 17.85% of the absolute value of operating income recorded in the current period, and the false reduction in profit was 260 million yuan, accounting for 15.55% of the total absolute value of profits recorded in the current period. In 2021, the false reduction in income was 882 million yuan, accounting for 12.95% of the absolute value of operating income recorded in the current period, and the false reduction in profit was 108 million yuan, accounting for 12.61% of the total absolute value of profits recorded in the current period.

2. Tianwo Technology fails to disclose related party transactions in accordance with the regulations

The relevant capital transactions are related transactions, and there is no commercial substance, which constitutes the occupation of non-operating funds. Tianwo Science and Technology has not been disclosed in time in accordance with the regulations, nor in the corresponding periodic reports. As of December 31, 2020, the balance of the non-operating funds occupied by the above-mentioned related parties to Tianwo Technology is 1.6553111 billion yuan.

Third, Tianwo Science and Technology failed to disclose the use of the funds raised in accordance with the regulations.

Lawyer Xu Feng, director of Shanghai Jiucheng Law firm, believes that according to the current situation, according to legal and judicial interpretations such as the Securities Law, Tianwo Technology shares were bought between April 28, 2017 and April 28, 2023, and investors who sell or continue to hold shares after April 28, 2023 can now file claims. (Tianwo science and technology rights protection entrance)

(this article is contributed by lawyer Xu Feng, director of Shanghai Jiucheng Law firm, and does not represent Sina's financial position. Lawyer Xu Feng, who has been a lawyer since 2008, has been a claim agent in the field of securities fraud, such as misrepresentation, insider trading, market manipulation and so on. Over the past ten years, investors who have represented nearly 200 stocks have won the case or obtained compensation through mediation, and in the same period, they have also won or mediated claims for nearly 300 stocks within the limitation of action, and some of them have already won the case and obtained compensation through mediation. License No.: 13101200810965495)