ST Dongshi disclosed that Orient Fashion Investment, a shareholder holding more than 5%, has had its entire 44.65 million shares frozen under successive orders, representing 6.18% of the company's total share capital. The cumulative pledge and freeze ratio has also reached 100%. The company was previously penalized for inflating profits in its 2022 financial reports and failing to disclose related-party transactions, including overstating half-year profits by 9.4 million yuan and annual profits by 18.93 million yuan. For investors who bought shares between April 30, 2022, and December 27, 2023, and suffered losses, the statute of limitations for filing claims will expire at the end of December this year.
Eastern Pioneer Auto Driving SShareholder's entire stake frozen and company penalized for financial misreporting, with investor claims deadline approaching.