According to the written decision, the parties, Wang, father and daughter, contacted the relevant insiders before Health Yuan announced the inside information of Hongxinxing, the second largest shareholder of Health Yuan, on April 3, 20 15, and made purchases through account 2 1 from March 38, 20 15. In the end, the CSRC confiscated Wang and Wang Cheng's illegal income of 906 million yuan and imposed a fine of 27 19 million yuan, with a total fine of 3.625 billion yuan.
The punishment for Wang's father and daughter is the second largest ticket in the history issued by China Securities Regulatory Commission. The highest fine record of the CSRC was 2065438+March 2008. Xiamen Beibadao Group was punished for allegedly manipulating the market, with a total fine of about 5.67 billion yuan.
However, in 20 19, the CSRC issued 136 tickets, with a total fine of about 3.5 billion yuan, which exceeded the total fine in 20 19.
The penalty decision (China Securities Regulatory Commission Administrative Penalty Decision (Wang, Wang Cheng) [2020] 10) was issued in official website at the end of March.
It was found that Wang, Wang and Wang had the following illegal facts:
I. Problems involved in the formation and disclosure of inside information
On the afternoon of March 14, when we met in Hong Kong, we talked about Hongxinxing's shareholding reduction in Health Yuan. During the talks, Zhu Guofa asked Qiu Moufeng about the remittance of funds to Hong Kong after Hongxinxing reduced its shareholding.
On the evening of March 24, when Zhu Moguo and Ma Moteng met in Hong Kong, they reached an agreement on Ma Moteng's participation in Hongxinxing's reduction of shares in Health Yuan. Since then, until April of 1 year, Ou and Zhu reached an agreement on the framework plan for the reduction of the entire Hongxin Bank, including the transfer price, transfer quantity and transfer method.
At 3 pm on April 1 day, Zhu Moguo WeChat informed Qiu Moufeng that Hongxinxing decided to reduce its shareholding in Health Yuan. Upon application, the shares of Health Yuan Company were suspended from April 2.
On April 4th, 20 15, Health Yuan issued the Announcement on the Company's Second Largest Shareholder's Proposed Transfer of the Company's Shares, which disclosed the intention of Hongxinxing to transfer its shares in Health Yuan and the intention of Hongxinxing shareholders to transfer all the issued rights and interests of Hongxinxing Company. Specifically, Hongxinxing transferred Health Yuan 2 to Shi, Gao and Tang respectively at the price of 13 yuan per share. The shareholders of Hongxin Bank transferred all the shares of Hongxin Bank to Miao Feng Co., Ltd. and Advanced Data Service Co., Ltd. (the actual controller is Ma Moteng). After the transfer, Ou Mou and Ma Moting indirectly held 743,943,338+0,840 shares of Health Yuan through Hongxinxing, accounting for 4.8 1% of the total share capital of Health Yuan.
I think that Hong Xin Bank held 65,438+06.46% of shares of Health Yuan before the equity transfer, and the above information of Hong Xin Bank's shareholding reduction and equity transfer belongs to Item 8, Paragraph 2, Article 67 of the Securities Law of 2005? Significant changes have taken place in the shareholding or control of the company by shareholders or actual controllers who hold more than 5% of the company's shares? According to Item 1, Paragraph 2, Article 75 of the Securities Law of 2005, it was inside information before the announcement. In addition, Ma Moteng in the above information indirectly acquired shares of Health Yuan by transferring shares of Hongxinxing. After the announcement, it caused widespread concern in the market, and its impact on the share price of Health Yuan confirmed the great significance of this information.
Based on the above situation, the inside information of this case, that is, the information of Hongxinxing's shareholding reduction and equity transfer, was formed no later than March 20 15 14, and was made public on April 4. Zhu Guoguo and Ma, as related parties, participated in the motion and planning of reducing their holdings and were insiders.