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    Home > Medical News > Medical World News > Kyrgyz holding was fined 1.3 million yuan by CSRC on suspicion of illegal information disclosure

    Kyrgyz holding was fined 1.3 million yuan by CSRC on suspicion of illegal information disclosure

    • Last Update: 2019-11-28
    • Source: Internet
    • Author: User
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    Source: On November 28, Kyrgyz holdings recently received the announcement of the decision on administrative penalty issued by Jilin securities regulatory bureau of China Securities Regulatory Commission on the grounds of suspected illegal information disclosure On November 25, 2019, the company and related parties received the letter of decision on administrative penalty [2019] No 4 (hereinafter referred to as the letter of decision on administrative penalty) issued by Jilin regulatory bureau of China Securities Regulatory Commission The specific contents are hereby announced as follows: Party: Jiyao Holding Group Co., Ltd (hereinafter referred to as Jiyao holding), domicile: Meihekou City, Jilin Province Sun Jun, male, born in August 1965, was the chairman and general manager of Jilin Pharmaceutical Holding Co., Ltd at that time, his address is Erdao District, Changchun City, Jilin Province Zhang Liang, male, born in September 1977, was a director, Secretary of the board of directors and deputy general manager of Jilin Jiyao Holding Co., Ltd at Dongchang District, Tonghua City, Jilin Province Zhang Zhongwei, male, born in March 1978, was the financial director of Jilin Pharmaceutical Holding Co., Ltd and his address was Nanguan District, Changchun City, Jilin Province On July 24, 2019, Kyrgyz holdings issued the announcement on termination of major asset restructuring and resumption of trading of shares of the company (hereinafter referred to as the announcement), which disclosed that "after friendly cooperation between the company and the amended Pharmaceutical Group Co., Ltd., the company will continue to promote the transfer of control rights of listed companies, plan to issue shares and other ways to purchase the amended drugs after the specific implementation conditions of the measures are mature 100% equity of Industrial Group Co., Ltd " The above statements related to the continued promotion of major asset restructuring do not exist in the agreement on the dissolution of intent agreement signed by Kyrgyz holding and the amended Pharmaceutical Group Co., Ltd After the disclosure of the announcement, on July 25, 2019, after the opening of Kyrgyz holdings, the stock price rose for two consecutive days, from 5.40 yuan to 6.53 yuan, or 20.93%, while on July 25 and July 26, 2019, the gem index rose 0.8% and fell 0.27% respectively The announcement triggered the amendment of the statement of Pharmaceutical Group Co., Ltd and the inquiry of the exchange After the closing of the market on July 26, 2019, Kyrgyz holdings issued the correction announcement of the announcement on the termination of major asset restructuring and the resumption of trading of the company's shares, which disclosed that "in view of the current restructuring plan does not have the implementation conditions, continue to promote this major asset restructuring facing major uncertainties, both parties It is agreed to terminate the intent agreement, and the company and the amended Pharmaceutical Group Co., Ltd will no longer plan relevant major asset restructuring matters " The relevant information disclosed in the announcement of Kyrgyz holdings on July 24, 2019 is inconsistent with the facts and has misleading statements The above-mentioned illegal facts are proved by relevant announcement, relevant agreement, wechat record, relevant personnel's inquiry record and other evidences, which are enough to be identified Jiyao's holding behavior violates the provisions of Article 63 of the securities law and the first paragraph of Article 2 of the administrative measures for information disclosure of listed companies, which constitutes the situation described in the first paragraph of Article 193 of the securities law Sun Jun, chairman and general manager of Kyrgyz holdings, Zhang Liang, director, Secretary of the board of directors and deputy general manager are directly in charge of the illegal acts of Kyrgyz holdings; Zhang Zhongwei, financial director, is other directly responsible persons 1、 Order Kyrgyz holdings to make corrections, give a warning and impose a fine of 600000 yuan;
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