Red Star Capital Bureau reported on January 30 that Li Chunan, one of the "LONGi Three Musketeers", was punished by the Liaoning Securities Regulatory Bureau on suspicion of leaking inside information. LONGi Green Energy (601012SH) announced that on January 29, Li Chunan received the "Prior Notice of Administrative Punishment" issued by the Liaoning Securities Regulatory Bureau and was fined 500,000 yuan.
The announcement also disclosed the details of Li Chunan's alleged leakage of inside information. In August 2019, Li Mouhong, chairman of Shenzhen Shijin Technology Co., Ltd., hereinafter referred to as "Shijin Technology"), introduced Shijin Technology Co., Ltd. to Li Chunan, chairman of Dalian Liancheng CNC Machinery Co., Ltd., and asked Liancheng CNC about its intention to invest in Shijin Technology, but Li Chunan had no clear opinion at that time.
On June 2, 2020, Li Mouhong once again sent a proposed cooperation plan to Li Chunan, and the two parties initially formed a motion for Liancheng CNC to participate in the private placement of Shijin Technology, and then Li Chunan gave Zhao Mouping the relevant chat records with Li Mouhong. Zhao Mouping traded "Shijin Technology" during the sensitive period of inside information.
The Liaoning Securities Regulatory Bureau believes that Li Chunan, as the chairman of Liancheng CNC, the target of Shijin Technology's private placement, is an insider of inside information, and leaked inside information to Zhao Mouping before the inside information was made public, which is suspected of violating the provisions of Article 53, Paragraph 1 of the ** Law, and constitutes the leakage of inside information as described in Article 191, Paragraph 1 of the ** Law. Therefore, a penalty decision was made and a fine of 500,000 yuan was imposed on Li Chunan.
LONGi Green Energy stated that the subject of the punishment involved in the above-mentioned "Advance Notice of Administrative Punishment" is only Li Chunan himself, and the subject of insider trading involved in the punished matters is not the company's **, and does not involve the company's related matters. The above-mentioned administrative penalties will not have an impact on the company's normal operation, standardized operation and financial condition.
Red Star Capital Bureau noted that according to the prospectus of LONGi Green Energy, Li Chunan is one of the main entrepreneurs of LONGi Green Energy, and he is Li Zhenguo, the actual controller of the company. As of the disclosure date of this announcement, Li Chunan held about 1 of the company's shares600 million shares, accounting for 211%。Li Chunan is also the person acting in concert with Li Zhenguo and Li Xiyan, the actual controllers of LONGi Green Energy.
At the same time, LONGi Green Energy also issued an announcement on the implementation of the first increase in holdings by Chairman Zhong Baoshen. In October 2023, LONGi Green Energy announced that based on the confidence in the company's sustainable and stable development in the future and the recognition of its long-term investment value, in order to safeguard the interests of shareholders and enhance investor confidence, Zhong Baoshen, chairman of the company, plans to increase his holdings of the company's shares in a manner permitted by the Shanghai ** Exchange system within 12 months from October 31, 2023, with an increase of no less than 100 million yuan and no more than 1500 million yuan.
On the 29th, Zhong Baoshen, chairman of LONGi Green Energy, said that he planned to implement the first increase in holdings on January 30, and would continue to implement the increase in holdings according to the above shareholding increase plan.
As of press time, LONGi Green Energy's share price rose slightly by 039% to 2048 yuan shares, with a total market value of 15512.3 billion yuan.
Red Star News reporter Qiang Ya Milling.
Edited by Yang Cheng.
*Red Star News, Newspaper Rewards! ）