Meirya (600107.SH) faces ongoing regulatory scrutiny as investors prepare legal action following the company's disclosure violations. On April 18, 2025, China's securities regulator formally launched an investigation into Meirya and its de facto controller Zheng Jiping for suspected information disclosure violations. Subsequently, on April 29, 2025, the company announced its stock would be placed under special risk warning status after auditors issued an adverse opinion on its 2024 internal control systems.

Investors meeting specific criteria may seek compensation through securities misrepresentation claims. Eligible participants include those who purchased Meirya shares between November 1, 2022 and April 18, 2025, and subsequently sold positions after April 19, 2025 or continue to hold depreciated shares. Recoverable losses encompass investment differentials, stamp duties, and commission fees.

Concurrently with the investigation announcement, Meirya received regulatory sanctions from the Hubei Bureau of the China Securities Regulatory Commission. Violations included undisclosed related-party transactions and inaccurate financial reporting in its 2022 annual report. Specifically, the company failed to disclose non-operational fund occupation by its controller and unreported transactions with indirect controlling shareholders and other affiliates.

Although Meirya corrected these accounting irregularities through restated financial statements in April 2024 and recovered misappropriated funds, regulatory penalties remain applicable for historical violations. Investors impacted by these disclosure failures retain legal recourse to recover losses through securities litigation channels.