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ST Wenfeng ordered to compensate 58 investors RMB 8.5978 million

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  • Jiangsu’s high court ruled on investor appeals involving Xu Xiang, Xu Changjiang and Wenfeng Co.
  • 58 investors were awarded RMB 8.5978 million, payable within 10 days after the judgments take effect.
  • Wenfeng Co. recorded a RMB 41.3637 million fiscal 2025 litigation provision.
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