The controlling shareholder of Qixiang Tengda was punished for using insider trading in the account

　　Zhongxin Finance, June 19. On June 19, Qixiang Tengda issued an announcement saying that on June 16, the company received a notice from the controlling shareholder Qixiang Group and learned that Qixiang Group, the company's chairman Che Chengju and related parties Zhou Hongxiu Received the "Administrative Penalty Decision" [2022] No. 4 and [2022] No. 5 issued by the Shandong Supervision Bureau of the China Securities Regulatory Commission.

　　"Administrative Punishment Decision" [2022] No. 4 shows that from September 2, 2013 to November 27, 2015, and from April 29, 2014 to November 27, 2015, Qixiang Group borrowed the "Zibo Jiusheng" Chemical Co., Ltd.” account and “Dandong Mingzhu Special Resin Co., Ltd.” account bought and sold nine stocks including “Qixiang Tengda” and “Shuangjie Electric” with a cumulative transaction amount of RMB 403,533,111.73; The cumulative transaction amount of "GC001" was 9908950210.48 yuan; the cumulative transaction value of "Qixiang Convertible Bonds" was 35471618.41 yuan; the cumulative transaction value of "Rongtong Military Industry" fund was 11423061.33 yuan.

The above-mentioned borrowed account transactions were decided by Che Chengju, the then legal representative, chairman and general manager of Qixiang Group, and the funds came from Qixiang Group.

　　According to the facts, nature, circumstances and the degree of social harm of the parties’ illegal acts, and in accordance with the provisions of Article 195 of the Securities Law, the Shandong Supervision Bureau of the China Securities Regulatory Commission has decided to issue a warning to Zibo Qixiang Petrochemical Group Co., Ltd., and imposed a fine of 500,000 yuan.

　　"Administrative Punishment Decision" [2022] No. 5 shows that Qixiang Group, Che Chengju and Zhou Hongxiu, as insiders of the company's issuance of shares and the payment of cash to purchase the equity of Shandong Qilu Keli Chemical Research Institute Co., Ltd., have inside information. During the sensitive period, 390,000 shares of "Qixiang Tengda" were traded through the account of "Zibo Jiusheng Chemical Co., Ltd." controlled by Qixiang Group.

The above transaction was decided by Che Chengju, the then legal representative, chairman and general manager of Qixiang Group, and Zhou Hongxiu, the then director, was responsible for the execution, with a total profit of 2,571,368.47 yuan.

　　According to the facts, nature, circumstances and degree of social harm of the parties' illegal acts, and in accordance with the provisions of Article 202 of the Securities Law of 2005, the Shandong Supervision Bureau of the China Securities Regulatory Commission has decided to confiscate the illegal income of Zibo Qixiang Petrochemical Group Co., Ltd. 2,571,368.47 yuan and a fine of 7,714,105.41 yuan; a warning to Che Chengju and a fine of 200,000 yuan; a warning to Zhou Hongxiu and a fine of 150,000 yuan.

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