Jin Tongling's special representative litigation compensation has been implemented, with the vast majority of investors receiving full compensation.

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The lawsuit compensation work for the false statements by Jintongling Special Representative has been implemented. The China Securities Investment Fund Center announced that on February 13, Jintongling Company transferred the relevant cash compensation to the securities accounts of the eligible plaintiff investors. After this transfer, the majority of the eligible plaintiff investors have received full compensation. It is reported that the approximately 770 million yuan debt declared by the China Securities Investment Fund Center has been fully confirmed. The Nantong Intermediate People’s Court approved the company’s reorganization plan on February 3, and the special representative’s lawsuit claims will be paid in accordance with regulations, with amounts of 250,000 yuan or less paid in full in cash. Investors who have not received compensation are due to abnormal securities accounts; they can supplement the materials according to the notice issued by the administrator on the National Enterprise Bankruptcy and Reorganization Case Information Network. After verification, the transfer will be completed. The remaining stocks and trust beneficiary rights are temporarily held by the administrator for safekeeping, and subsequent payments will be made based on the performance of other defendants’ obligations. (Cailian Press)

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