Jiangsu Sunshine Real Controller Lu Keping'S Sad Ending Was Severely Punished By The SFC.

China new net client Beijing 26 May (Peng Jingru) recently, in the industry known as "wool giant", capital big man's 76 year old Lu Ke Ping is not guaranteed.

The official website of the securities and Futures Commission updated an administrative penalty decision and a market entry decision on the evening of 25. The Fourth Ring biological real controller Lu Keping was taken into a life market ban because of various violations.

Who is Lu Keping?

Lu Keping is not only a real controller of tetracyclic organisms, but also a real controller of A shares listed company, Jiangsu sunshine and hareun (now renamed "Hai Run retreat"), and is also a real controller of Yang Sheng bio of new three board company. In addition, he also set up sunshine group.

Sky eye check shows that Jiangsu Sunshine Group Holding Co., Ltd. Jiangsu sunshine Limited by Share Ltd is a key high-tech enterprise listed company, is the largest domestic wool spinning enterprise. At present, it has total assets of 3 billion 630 million yuan and fixed assets of 2 billion 400 million yuan.

The company has 120 thousand spindles and 600 looms. It produces 18 million meters of worsted fabrics and 1 million 200 thousand sets of top grade garments. It is the largest scale production base of high grade thin fabric in China. The company has traded on the Shanghai Stock Exchange in September 27, 1999.

Sunshine Group, once a key business group and a key supporting industry leader in the country, has been involved in many industries, such as wool spinning, clothing, biological medicine, medical devices, and so on. In 2006, Sunshine Group's sunshine woolen fabric was named "China's world famous brand".

Precisely, Lu Keping is known as the "wool giant" by the industry.

What did Lu Keping do to be banned and punished for about 27000000?

The decision of the SFC's administrative penalty shows that the following facts are illegal: Lu Keping and others.

The first is five consecutive years of false record of real control information. The securities and Futures Commission has confirmed that since 2014, Lu Keping has exercised the voting rights in the Fourth Ring biological shareholders' meeting through controlling 13 securities accounts and 2 equity instruments, such as Lu Yu, and trading the four ring biological stocks in 2014-2018 years. In addition, Lu Keping also controls 4 people's accounts such as Zhao Hong.

Through the above-mentioned 19 case involving accounts, Lu Keping traded four ring biological stocks, so that the control of the four ring biological voting rights continued to expand. The SFC decided that Lu Keping would become the real controller of the Fourth Ring Road in late May 23, 2014, and that it would actually control the four ring organisms during the period from May 23, 2014 to April 11, 2018. In the annual report from 2014 to 2018, tetracycline disclosed false information about the actual controller of the company, such as "no actual controller".

According to the penalty book, as of April 11, 2018, Lu Keping accounted for 39.42% of the total capital stock of the Fourth Ring Road. That is to say, it does have the reality of "sitting".

The China Securities Regulatory Commission's decision to ban market entry (Lu Keping, Sun Guojian) issued by the SFC.

In addition, Lu Keping and others have not disclosed the related party transactions in accordance with the regulations, fulfilled the obligations such as the takeover announcement of the listed companies and issued the takeover offer, as well as the behavior of illegally buying and selling stocks during the time limit.

The securities and Futures Commission found that Lu Keping and his co operative Zhao Hong, Huaying, Ni Lifeng and He Bin shared 5% of the total biological stocks of the four rings, and failed to fulfill the reporting and announcement obligations when they increased 5%. Lu Keping and the accounts controlled by the above concerted action totaled 627 million shares during the restricted trading period, totaling 4 billion 321 million yuan, and accumulatively sold 272 million shares, with a total selling amount of 1 billion 951 million yuan.

Should it be so expensive that it should be full? But the result is surprising.

The final investment loss is nearly 1 billion, which is called the company's interest.

The contents of the decision on administrative penalty show that Lu Keping put forward the following defense opinions during the hearing process:

First, Lu Keping's knowledge of the four ring biological business information comes from Yu's one of the spouses and one of the top ten shareholders. It should not be deduced from its knowledge of the biological information of the ring road as its actual controller. The appointment of senior managers of the Fourth Ring Road is recognized and recommended by the chairman of the board of directors, Sun Guojian, and has nothing to do with Lu Keping.

Second, Lu Keping was involved in the company's interests, and the investment loss was nearly 1 billion.

Third, Hua Ying and others are not Lu Keping's unanimous action. They should eliminate their trading amount. Fourthly, the 193rd Securities Act of 2005 instead of 204th should be applied to the transactions in the restricted period. In summary, Lu Keping appeals for the punishment of exemption from illegal disclosure of information, and requests for a lighter or mitigated punishment for transactions within the restricted period.

However, the SFC believes that since 2014, Lu Keping has increased its holdings of tetracyclic biological stocks up to 5%, and has not announced and reported any increase in the process of increasing its holdings during the period of 5% increase. There are restrictions on the illegal trading of stocks in the trading period, and it has led the four ring organisms to engage in illegal information disclosure. The illegal activities lasted for a long time, and the means were particularly bad. It will seriously disrupt the market order and cause serious social impact and play a major role in major illegal activities, resulting in serious damage to the interests of investors. Lu Keping knew and organized the implementation of the above acts, the violation of the plot is more serious.

In the end, the SFC decided to adopt a lifelong market ban on Lu Keping. In addition, Lu Keping was fined 27 million 340 thousand yuan.

Lu Keping, 76, has no connection with the capital market. (end)