China-Singapore Jingwei Client, January 31 (Wang Yongle) Recently, the State Administration for Market Regulation, the China Banking Regulatory Commission, the China Securities Regulatory Commission and other departments have successively announced the first administrative penalty decision in 2021, and the Shanghai Stock Exchange has also announced the first termination in 2021. Listed company.

Who was hit on the board?

Because of what?

New latitude and longitude in the data map

State Administration for Market Regulation issued a 100 million yuan fine

　　On January 29, the website of the State Administration for Market Regulation released the Administrative Penalty Decision of the State Administration for Market Regulation (Guocheng Supervision Department [2021] No. 1), and Simcere Pharmaceutical Group Co., Ltd. was fined 100.7 million yuan for monopolistic behavior.

　　According to the administrative penalty decision, according to the report, starting from September 2020, according to the "Anti-Monopoly Law of the People's Republic of China" (hereinafter referred to as the "Anti-Monopoly Law") in accordance with the law, Simcere Pharmaceutical Group Co., Ltd. (hereinafter referred to as the party) is suspected of abuse The conduct of market dominance was investigated.

　　After investigation, the parties have abused their dominant position in the sales market of China's Batroxobin concentrate API (hereinafter referred to as Batroxobin API), and implemented acts of refusal to conduct transactions with counterparties without justified reasons, eliminating market competition. Damaged the interests of consumers.

　　According to the provisions of Article 47 and Article 49 of the Anti-Monopoly Law, taking into account the nature, extent and duration of the party’s illegal activities, the parties can take the initiative to make rectifications during the investigation and have already supplied the products to the downstream preparation companies. For Batroxobin API, the parties have not yet obtained illegal income. The State Administration for Market Regulation has decided to deal with the parties as follows: First, order the parties to stop the illegal activities; Second, impose a fine of 2% of the 2019 annual sales of 5.0367 billion yuan on the parties, totaling 1000.7 million yuan.

The two men manipulated the stock price to lose more than 300 million yuan and were "played" by the Securities Regulatory Commission

　　According to the No. 1 Administrative Penalty Decision of the China Securities Regulatory Commission in 2021, Xiong Mochang and Wu Guorong had three illegal facts, including using relevant securities accounts to manipulate Huaping shares.

The China Securities Regulatory Commission issued a warning to Xiong Mochang, imposing a total fine of 2.05 million yuan, and a warning to Wu Guorong, imposing a total fine of 1.85 million yuan.

　　Regarding the manipulation of Warburg Pincus shares, the penalty decision was disclosed. From July 24, 2017 to June 26, 2018 (hereinafter referred to as the manipulation period), Wu Guorong controlled the use of 186 personal accounts such as "Bai Mofei" and "Jingu·xin" There are 10 institutional accounts including Hui 182 Securities Investment Collective Fund Trust, a total of 196 securities accounts (hereinafter referred to as account groups).

　　The cooperation model between Xiong Mochang and Wu Guorong provided a margin for Xiong Mochang, requiring Wu Guorong to buy "Warburg Pincus shares" accounted for 15% of the number of outstanding shares and maintain the stock price. Wu Guorong was responsible for allocating funds and operating accounts to implement transactions.

Xiong Mochang can log in to the account to view, but he has no right to operate. After the increase in holdings of the special account and the sale of all the holdings, the remaining profits will be distributed by Wu Guorong and Xiong Mochang in a 6:4 ratio. The two have agreed to implement the division of responsibilities and income Facts, to complete manipulation together.

　　It is worth noting that the account group lost 327,723,300 yuan during the manipulation period.

　　In addition, the illegal facts ascertained by the China Securities Regulatory Commission also include that Xiong Mochang and his concerted person Wu Guorong increased their holdings to 30% of the issued shares of the listed company during the transaction of "Warburg Pincus", and failed to fulfill the obligation to issue the tender offer; Mochang passed its control Of private equity products conducted block trades and falsely reduced their holdings of "Warburg Pincus".

　　In addition, the Securities Regulatory Commission's 2021 No. 1 market entry decision was issued to Wu Guorong.

Take measures to ban Wu Guorong from entering the securities market for three years.

During the banned period, in addition to continuing to engage in securities business in the original institution or to serve as a director, supervisor or senior manager of the original listed company, unlisted public company, nor to engage in securities business in any other institution or serve in other listed companies, Directors, supervisors, and senior management positions of non-listed public companies.

China Banking and Insurance Regulatory Commission points out "six sins"

　　On January 29, the China Banking and Insurance Regulatory Commission announced the No. 1 ticket of 2021. Agricultural Bank was fined 4.2 million yuan for six violations of laws and regulations.

　　The administrative penalty decision with the document number of Yinbaojianfeijuezi [2021] No. 1 shows that due to the occurrence of important information system emergencies, the card-making data has not been reported, the card-making data has been kept in plain text, and the production network and branch wireless Internet networks have been improperly protected. Data security management is relatively extensive, there is a risk of data leakage, there are many loopholes in the network information system, and the Internet portals leak sensitive information and other six violations, and the Agricultural Bank was fined 4.2 million yuan by the China Banking and Insurance Regulatory Commission.

　　In addition, on January 14, the China Banking and Insurance Regulatory Commission announced the first decision on administrative supervision measures for Anxin Property Insurance Co., Ltd. in 2021.

　　According to the "Anxin Property Insurance Co., Ltd. October 2020 Solvency Interim Report" reported by Anxin Property & Casualty Insurance, its core and comprehensive solvency adequacy ratio at the end of October 2020 was -125.7%, which is a serious shortage of solvency.

　　The China Banking and Insurance Regulatory Commission will take three regulatory measures for Anxin Property Insurance: one is to order an increase in capital; the other is to order to stop accepting new auto insurance business from the date of receipt of the decision on administrative supervision measures; the third is to order to restrict directors, supervisors, and senior managers The remuneration level of directors, supervisors and senior managers in 2021 (before tax) shall be lowered based on the actual remuneration paid in 2020 (before tax), and the reduction shall not be less than 20%. The manager's descent should be higher than the average.

Oriental Jinyu was terminated by the Shanghai Stock Exchange

　　On January 13, the Shanghai Stock Exchange issued an announcement on the termination of the listing of Oriental Jinyu Co., Ltd. shares.

This is the first announcement to terminate the company's listing issued by the Shanghai and Shenzhen Stock Exchange in 2021.

　　According to the announcement, from November 25, 2020 to December 22, 2020, the daily closing price of the shares of Oriental Jinyu Co., Ltd. for 20 consecutive trading days was lower than the face value of the stock (1 yuan).

The above situation falls under the circumstances of termination of listing of stocks as stipulated in Article 14.3.1 of the "Shanghai Stock Exchange Stock Listing Rules (Revised in April 2019)".

　　In accordance with Article 14.3.1, Article 14.3.8 and Article 14..3.16 of the "Shanghai Stock Exchange Stock Listing Rules (Revised in April 2019)", after review by the Shanghai Stock Exchange Listing Committee, it was decided to terminate Oriental Jinyu Co., Ltd. The company's stock is listed.

　　In addition, on January 29, the China Securities Regulatory Commission notified 20 typical illegal cases, including the Oriental Jinyu financial fraud case.

　　According to reports, the Oriental Jinyu financial fraud case is a typical fraud case of a listed company fictitious business.

From 2016 to the first half of 2018, in order to complete performance indicators such as operating income and total profit, Oriental Jinyu Co., Ltd. forged procurement and sales contracts for jade rough stones, controlled 19 bank accounts for forged procurement and sales funds, and accumulated a total fictitious profit of 360 million yuan.

　　The Securities Regulatory Commission pointed out that the Oriental Jinyu financial fraud case shows that the systematic financial fraud of listed companies seriously affects the quality of listed companies and seriously violates the legitimate rights and interests of investors. It is an untouchable regulatory "high-tension line".

(Zhongxin Jingwei APP)

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