Another listed company has received a notice of investigation from the CSRC. On the evening of December 22, Weichuang Co., Ltd. announced that the company received the "Notice of Case Filing" from the China Securities Regulatory Commission on the same day, and the CSRC decided to investigate the company due to suspected violations of information disclosure laws and regulations, according to the "** Law of the People's Republic of China", "Administrative Punishment Law of the People's Republic of China" and other laws and regulations. 
The proposed acquirer was also filed
Not only that, but also on the evening of December 22, Weichuang also issued an announcement saying that the company received the "Notice of Case Filing" from the China Securities Regulatory Commission on the same day, because the company's proposed acquirer Liu Jun was suspected of illegal information disclosure, according to the "People's Republic of China ** Law", "People's Republic of China Administrative Punishment Law" and other laws and regulations, the CSRC decided to investigate Liu Jun.
13.300 million were swept away for no reason
On the evening of December 22, it was mentioned in the self-inspection announcement on its own operation issued by Weichuang Co., Ltd. that Jiangsu Sunshine Group, which actually controls Weichuang Co., Ltd., signed an equity transfer agreement with Jiangxi Xiling Energy on September 20 this year, hereinafter referred to as "Xiling Energy"), and intends to obtain control of the company's controlling shareholder through investment relations in the next 12 months. Liu Jun, the actual controller of Xiling Energy, the proposed acquirer, transferred the company's 13300 million yuan of funds were transferred to the bank account controlled by it and returned to the company in full on October 31, but since November 1, it has been transferred out of the company in batches, and the funds have not been returned to the company as of the disclosure date of this announcement. 
There are many doubts about equity transferHowever, according to the Daily Economic News, there are many strange things about this equity transfer. For example, "Jiangxi Xiling Energy does not exist in the name of the company, every reporter through the national enterprise credit information publicity system (APP), Qixinbao only found a company with a similar name" Jiangxi Xiling Energy ***, but the company's shareholders and legal representatives are not "Liu Jun".
The inquiry found that the legal representative of Xiling Energy in Jiangxi Province is Liu Chen, and the shareholders are Xu Nengxiang (holding 80% of the shares) and Liu Chen (holding 20% of the shares). In every call between the reporter and Liu Chen, Liu Chen said that he had nothing to do with Liu Jun, and he was not clear about whether to acquire Weichuang shares, and said that he was only a legal person and not the actual controller, and he did not know whether the actual controller was Liu Jun.
On the other hand, Jiangsu Sunshine Group, the seller of the above-mentioned equity transfer agreement, is the largest shareholder of Jiangsu Sunshine, a listed company. Qixinbao data shows that Jiangsu Sunshine Group indirectly owns 99 of Zhongshu Wolters, the controlling shareholder of Weichuang shares9% equity.
According to the Daily Economic News, Jiangsu Sunshine Group has also been in turmoil recently. In October, Jiangsu Sunshine and Sihuan Biology both announced that the actual controller Lu Keping was filed by the CSRC on suspicion of manipulating the ** market. In addition, as the actual controller of Sihuan Biology, Lu Keping also pledged a high proportion of Sihuan Bio's shares for the "Sunshine System" blood transfusion. In the end, Lu Keping was banned from the market for life and fined 26 million yuan by the China Securities Regulatory Commission.
Frequent resignation of senior executives In addition to the suspicious points of equity transfer, the frequent resignation of senior executives of Weichuang Co., Ltd. has also been the focus of market attention. In the latest self-inspection announcement, Weichuang said that Zhang Shuhan, the current secretary of the board of directors of the company, and Zhang Wendong, an independent director, submitted their resignation reports to the board of directors on November 3 and November 30 respectively, so the company was in the investigation stage at that time, so it was not disclosed to the public.
Previously, on October 31, deputy general manager Chen Xiaomeng applied for resignation from the company's deputy general manager for personal reasons, and still served as a director of the company after his resignation. On October 10, due to the adjustment of work arrangements, Chen Xiang resigned as the company's director, secretary of the board of directors and deputy general manager, Lu Yu (Lu Keping's son) resigned as the company's general manager, and Zhou Feng resigned as the company's financial director.
The exchange issued a letter of concern
On the evening of December 22, Weichuang shares also received the attention issued by the Shenzhen Stock Exchange, which said that the company was investigated by the Securities Regulatory Commission and Liu Jun took the company 13300 million yuan and other matters to show great concern, your company should take all necessary means to recover the relevant funds, safeguard the interests of the company and small and medium-sized shareholders, and carefully self-examine and rectify the defects in internal control.
For the suspected violations of information disclosure laws and regulations of the company and related parties, the firm will subsequently initiate disciplinary proceedings against your company and relevant responsible persons in accordance with the relevant provisions of the Listing Rules of the China Securities Regulatory Commission according to the investigation results of the China Securities Regulatory Commission.
More than 40,000 people fryer
For the 4For 10,000 shareholders (third quarter report data), this weekend is definitely uncomfortable, after all, it is not good news to be investigated by the Securities Regulatory Commission. In the Weichuang stock bar, many shareholders expressed pessimism about the trend next week, believing that there are not a few shareholders who fall to the limit on Monday or even continue to fall to the limit.
According to public information, Weichuang shares are mainly engaged in video business and child growth platform. In the first three quarters of this year, the company achieved revenue of 36.3 billion yuan, down 15 percent year-on-year68%；The net profit attributable to the parent company was 134710,000 yuan, down 82 percent year-on-year36%。As of December 22, the total number of Weichuang shares during the year was 1288%。However, since the surge and retreat on November 15, the maximum drawdown of Weichuang shares has exceeded 18%. 
During the year, 96 shares were placed under investigation
Coincidentally, on the evening of December 22, Wohua Pharmaceutical also issued an announcement saying that the China Securities Regulatory Commission decided to investigate the company due to the violation of the letter disclosure. In fact, since the beginning of this year, hundreds of companies have been investigated by the CSRC. According to data from Oriental Wealth Choice, as of December 23, at least 96 companies were investigated by the CSRC during the year. Judging from the reasons for the investigation, most of them are due to violations of the letter disclosure, but there are exceptions. For example, Chaozhuo Hangke was investigated for allegedly changing the purpose of fundraising, while ST Modern and Jiaoda Onlly were investigated for failing to disclose their annual reports on time, and GF**, Dongxing** and Northeast ** were investigated for failing to be diligent and conscientious in the sponsorship of Beautiful Ecology, Zeda Yisheng and Yu Diamond. In addition, ST Modern became the only company to be investigated by the CSRC twice during the year. From the perspective of each month, April, May, July and December ushered in the peak of case filing and investigation, with 11, 15, 19 and 11 companies respectively being investigated by the CSRC.
Previously, the first financial work conference clearly required early identification, early warning, early exposure, and early disposal of risks, and improved the early correction mechanism of financial risks with hard constraints. The China Securities Regulatory Commission said that it is necessary to comprehensively strengthen institutional supervision, behavior supervision, functional supervision, penetrating supervision, and continuous supervision, and effectively implement the "tusks and thorns" of supervision. Intensify the crackdown on financial fraud, fraudulent issuance and other illegal activities, and continue to purify the market ecology.
Tian Lihui, vice president of Guangxi University, said: "Through the measure of 'long teeth and thorns', the violators of laws and regulations have a 'painful feeling', which conveys the strength and determination of the regulatory authorities to impose heavy penalties, which is conducive to further standardizing the code of conduct of market participants, improving the investment ecology and boosting market confidence." ”
The following chart shows the A-share companies that will be investigated by the CSRC in 2023:
Article**: Oriental Wealth Research Center).