A bizarre case reappeared in the a** field, and Weichuang shares were on the account of 13300 million yuan was bizarrely swept away, causing a shock to the market. This case not only exposed serious problems in corporate governance, but also involved the father and son of Lu Keping, a capital player, which made the incident even more confusing.
Weichuang is an influential company in the industry, but its controlling shareholder, Jiangsu Sunshine Group, a limited partner of Zhongshu Wolters Kluwer, and Jiangsu Sunshine Group, the controlling shareholder of Monsas Investment***, have signed an equity transfer cooperation framework agreement with Xiling Energy, and Xiling Energy will obtain control of Zhongshu Wolters Kluwer through investment relations in the next 12 months. The announcement of this news undoubtedly brought a huge shock to the market.
What's even more shocking is that Jiangsu Sunshine Group, the controlling shareholder of Monsas Investment, is a subsidiary of the "Sunshine Department" of capital player Lu Keping and his son. Lu Keping, a 79-year-old capital tycoon, was investigated on suspicion of insider trading in December last year, and was recently placed on file for investigation. Lu Keping used to be the chairman of Jiangsu Sunshine Group and the core figure of Sunshine Group. The company under the Sunshine Department was once again exposed that a large amount of money was swept away, and Lu Keping and his son were involved.
From this incident, several key issues can be seen. Serious deficiencies in corporate governance. As a listed company, Weichuang shares have major loopholes in fund management, resulting in 13300 million yuan of funds were bizarrely siphoned off, which is undoubtedly a great challenge to the company's governance structure and internal control. The impact of capital players. The Sunshine system controlled by Lu Keping and his son has a wide influence in the A** field, but its behavior has repeatedly aroused market doubts. This incident once again exposed the irregularities in the operation of capital, which seriously affected the fairness and transparency of the market.
For this incident, the regulatory authorities should strengthen investigation and supervision, thoroughly investigate the truth of the transfer of funds, and strictly investigate the legal responsibility of the relevant responsible persons. At the same time, listed companies should strengthen the construction of internal control and governance structure, improve the transparency of information disclosure, and ensure the legitimate rights and interests of investors. Investors should also remain vigilant and invest rationally to avoid being harmed by illegal capital.
Start planning my 2024 This bizarre case once again reminds us that the A** market needs a more standardized and transparent regulatory mechanism to ensure the fair and healthy development of the market. At the same time, listed companies and investors should also strengthen their own risk awareness and compliance awareness, and jointly maintain the stability and prosperity of the market.