Zhitong Financial APP News, 601519.SH announcement, according to the previous announcement, the company made compensation to investors due to the dispute over the liability of securities misrepresentation. According to the proposal letter of small and medium-sized investment service, in order to safeguard the interests of the company and effectively protect the rights and interests of investors, especially medium and small investors, the company filed a lawsuit with the Shanghai Financial Court. It is proposed that Zhang Changhong and other relevant responsible parties should pay the compensation already paid by the company in a series of cases of securities misrepresentation liability disputes, and bear all the litigation costs.

The company received the third payment of RMB 100 million from Zhang Changhong according to the mediation statement on September 15, 2023. The company will closely follow the follow-up progress, urge Zhang Changhong to pay the remaining payment in accordance with the mediation statement, strictly abide by the provisions of relevant laws and regulations and normative documents, and fulfill the obligation of information disclosure in a timely manner. Investors are invited to make decisions carefully and pay attention to investment risks.