On December 4, CITIC Securities announced that its subsidiary CITIC Securities South China Co., Ltd. was one of the 37 defendants in the Dongxu Optoelectronics Securities misrepresentation liability dispute, involving an amount of 1,828,200 yuan. The case was determined to be tried using the ordinary representative procedure. CITIC Securities stated that the case was a dispute arising from a related project undertaken by Guangzhou Securities before the company acquired Guangzhou Securities. The potential losses involved in the case were fully considered before the acquisition was settled, and there was no significant impact on the company's current profit or after-period profit.

Zhitongcaijing · 1d ago
On December 4, CITIC Securities announced that its subsidiary CITIC Securities South China Co., Ltd. was one of the 37 defendants in the Dongxu Optoelectronics Securities misrepresentation liability dispute, involving an amount of 1,828,200 yuan. The case was determined to be tried using the ordinary representative procedure. CITIC Securities stated that the case was a dispute arising from a related project undertaken by Guangzhou Securities before the company acquired Guangzhou Securities. The potential losses involved in the case were fully considered before the acquisition was settled, and there was no significant impact on the company's current profit or after-period profit.