Affected investors can register their claims on the Sina platform for investor rights protection. A new round of court filings has been submitted to the Xiamen Intermediate People's Court regarding the securities fraud lawsuit against Ylz Information Technology Co.,Ltd. (300096), handled by attorney Xu Feng from Shanghai Jiucheng Law Firm. The filings, submitted on July 31, 2026, mark another step in the ongoing litigation process.

The case, involving false statements by Ylz Information Technology Co.,Ltd., has seen multiple submissions to the court. Attorney Xu Feng's team has previously filed several batches of investor claims, all currently awaiting further court proceedings. The legal team continues to accept new client mandates and is actively preparing additional filings for affected investors.

On July 8, 2026, Ylz Information Technology Co.,Ltd. disclosed receipt of an administrative penalty decision from the Xiamen Securities Regulatory Bureau. The investigation revealed multiple violations: the company failed to timely disclose guarantees provided for related parties, resulting in material omissions in periodic reports; it did not promptly disclose loans made to related parties, again causing material omissions; it omitted disclosure of joint loans with related parties; and it failed to timely disclose significant lawsuits and arbitrations, leading to further material omissions in periodic reports.

Xu Feng, director of Shanghai Jiucheng Law Firm and a specialist in securities litigation, stated that investors who purchased Ylz Information Technology Co.,Ltd. shares between June 14, 2018, and November 29, 2023, and who sold or continued to hold after November 29, 2023, may still be eligible to file claims. However, the statute of limitations is now in its final three months, with the deadline expiring on July 31, 2026.