Amethyst storage case pre-trial meeting was packed, CITIC Securities, Zhitong and others jointly pursue compensation of over 1 billion in advance compensation.

date
22/06/2026
On June 22, China CITIC Securities and 4 other intermediary institutions filed a pre-trial conference against 48 defendants including Ziguang Storage, held at the Shanghai Financial Court. Around 9 o'clock in the morning on the same day, reporters at the Shanghai Financial Court found that the majority of people queuing for security checks were there to participate in the debt recovery dispute at the eleventh courtroom, including lawyers, former defendants, and observers. It was understood that due to limitations in seating capacity for observers, non-related personnel could not attend the pre-trial conference. This case was jointly initiated by China CITIC Securities, Zhongtong Accounting Firm, Rongcheng Accounting Firm, and Guangdong Hengyi Law Firm, suing Ziguang Storage and its subsidiary Shenzhen Ziguang Storage Technology Co., Ltd., controlling shareholder Meizhou Zichen Investment Consulting Co., Ltd., former listed company directors and executives, business partners, and 5 cooperating banks for a total of 1.086 billion yuan in compensation. Regarding the impact of this lawsuit on Ziguang Storage and their response measures, the company stated that they have currently ceased operations, with no progress on a resolution or subsequent handling plan. The company will disclose developments promptly based on the progress of the lawsuit.