Wuliangye Incident: The SFC Identified Four Crimes &Nbsp; 8 Top Executives Were Heavily Fined 1 Million 490 Thousand

Come to light: financial weekly report "Wuliangye [33.00 2.55% bar incident" report two years ago completely confirmed, the Commission identified four crimes, 8 senior executives were heavily fined 1 million 490 thousand

Everything came to light.

Facts have proved that financial weekly is right, Wuliangye is wrong.

Finally, we found that the financial weekly was right, and Wuliangye was wrong.

From March 2009, financial weekly reported 6 consecutive reports - "secret account complaints: Wuliangye over 8 billion securities and two securities dealers for 8 years", "Wuliangye Insider: 75 million yuan secret inflow to Asian securities interest secrets", "Wuliangye why does Moutai: from 2 Moutai to 1/2 Moutai", "the latest information of the Bush event: Asia: Asia's latest information: Asia: Asia

The report has caused.

On the afternoon of May 27, 2011, Wuliangye received the "decision on administrative penalty" by the SFC. The decision was made to disclose the four major illegal activities of Wuliangye. The Commission said, "Wuliangye has many violations, lasting for a long time, and has a great social impact".

In the announcement, the illegal facts of Wuliangye disclosed by the SFC include:

1. Wuliangye's Yibin Wuliangye investment (Advisory) Co. Ltd. of Sichuan province has left a major omission on the clarification notice of Chengdu Zhiyi plastic products Co., Ltd., which is invested in Asia Securities Co., Ltd.

This was uncovered by the financial weekly in March 2009.

Two, the disclosure of Wuliangye's securities investment in China Science and technology Securities Co., Ltd. is not timely and incomplete.

Three, Wuliangye's 2007 annual report is not corrected in time.

Four, Wuliangye did not disclose the matter of judicial detention of director Wang Zi an in time.

The SFC gave Wuliangye a warning and imposed a fine of 600 thousand yuan, giving a warning to the parties, Tang Qiao and Wang Guochun, and punishable by a fine of 250 thousand yuan, giving warnings to Chen Lin, Zheng Wanbin and Peng Zhifu and fined 100 thousand yuan respectively, giving warnings to Ye Weiquan, Liu Zhongguo and Zhu Zhongyu and fined 30 thousand yuan respectively.