Recently, Xunxing shares, an A-share listed company, disclosed three announcements one after another, one of which said that it was suspected of manipulating "Xunxing shares".The actual controller of the company was filed by the China Securities Regulatory Commission。The data shows thatXunxing Co., Ltd. full name Fujian Xunxing Zipper Technology Co., Ltd. was listed on the Shenzhen Stock Exchange in December 2006, known as "the first zipper stock", and its main business includes the production and sales of SBS brand series zippers. 
Source: The company's official website reporter inquired and found that after trading on December 7, Xunxing issued three announcements on the actual controller receiving the notice of filing a case from the China Securities Regulatory Commission. The company said that on December 7, it received a notice from the company's actual controller, and learned that it received the "Notice of Case Filing" from the CSRC on December 6, and on December 4, the CSRC decided to file a case against it on suspicion of manipulating "Xunxing shares". The investigation is aimed at the investigation and will not have a significant adverse impact on the company's normal production and business activities.
Screenshot of the announcement The other two announcements disclosed that the company's controlling shareholder, Tianjin Huizefeng Enterprise Management Co., Ltd. (hereinafter referred to as "Tianjin Huizefeng"), and the company's shareholder of more than 5%, Fujian Xunxing Group, hereinafter referred to as "Xunxing Group"), received the "Notice of Case Filing" from the Securities Regulatory Commission, all of which were suspected of illegal information disclosure.
The original helmsman of Xunxing shares was the Shi family. In November 2016, Xunxing Co., Ltd. announced that the actual controller of the company was changed, and the founder Shi family sold 25% of the equity to *** at a price of 2.5 billion yuan
Under the "brand growth" item on the official website of Xunxing shares, the reporter found two interpretations of SBS: in 1990, SBS was interpreted as"shi's brother and sisters"(Brothers and sisters of the Shi family). In 1996, the SBS definition was developed as:"supply better service"(to provide better service).
According to the information on the company's official website, as early as 2018, the China Securities Regulatory Commission filed an investigation on Xunxing shares. In October 2018, Xunxing announced that the China Securities Regulatory Commission decided to investigate the company due to the company's suspected illegal information disclosure. Since then, Xunxing has regularly issued announcements on the progress of the investigation, the most recent of which was on November 24 this year. In this announcement, Xunxing said: "The company's production and operation activities are normal. As of the disclosure date of this announcement, the investigation of the China Securities Regulatory Commission is still ongoing, and the company is actively cooperating with the investigation, and has not yet received the conclusive opinions or decisions of the China Securities Regulatory Commission on the above-mentioned investigation matters. At the same time, the announcement also reminded that "if the company has a major illegal forced delisting, the company may be terminated from listing." Investors should pay attention to investment risks. ”
Screenshot of the announcementYangtze Evening News, Purple Cow News
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