Letter in violation will be fined 300,000 Yuan Heng Li Industrial or by investors collective rights

November 21 Night, Heng Li Industrial (market, inquiry) said that received the SFC Hunan Supervision Bureau issued the "Administrative punishment in advance informed the book", Hunan Securities and Regulatory Bureau found that the company letter draped in the existence of illegal matters, is intended to give warning to Heng Li Industrial, and a fine of 300,000 yuan, the chairman of Heng Li Industrial Su Wen to give warning, And a fine of $50,000. It is understood that March 15, 2013, Heng Li Industrial issued "Heng Li Industrial non-public issues of the Board of Directors meeting resolution and stock Recovery notice", the Board of Trustees to consider the adoption of NON-PUBLIC issues related to the 11 bills, of which the seventh motion to agree with the 溇 and the Hefeng County State-owned enterprises and the national Finance Bureau signed A framework agreement for the expansion of shares with conditions in force. The fourth motion is the motion on the Feasibility analysis report on the use of the company's non-public offering of shares, and the appendix of the motion, "the feasibility Analysis report on the use of the non-public offering of shares of Heng Li Industry" is disclosed in the giant Tide information network. Feasibility analysis reports that the company intends to 10 of specific investors in private 1.05 billion shares, the total amount of funds collected not more than 4.2735 billion yuan, after deducting the relevant issue fees net amount for the increase of 溇 water companies and to supplement the liquidity of listed companies. The feasibility analysis report also said that March 14, 2013, the company and Hefeng County State-owned bureau, 溇 Water Company signed the "Capital increase framework Agreement", disclosed the subject of the agreement, the signing time, 3.8 billion yuan increase capital and increase the price and other specific content. Hunan Bureau of Investigation found that Heng Li Industry and Hefeng County State-owned bureau, 溇 Water company has not signed the "Capital increase framework agreement." Therefore, Heng Li Industrial information disclosed above is untrue. Heng Li's behavior violates the Securities Act, constituting the illegal act of "193th of the Securities Act", "the issuer, the listed company or other information disclosure obligation does not disclose the information in accordance with the provisions, or the disclosed information has false records, misleading statements or major omissions". Su Wen When the chairman of the Ningheng industry, according to the "Heng Li Industrial Company," The provisions of article 119th, has "convened, presided over board meetings, supervision, inspection of the implementation of the Board resolution" and other duties. Su Wen agreed to the signing of the "Capital increase framework Agreement" has been signed, and did not take the initiative to correct the error, and Su Wen was responsible for the company's largest shareholder Shenzhen AO Shengxia Industrial Co., Ltd. to negotiate and communicate non-public issues. Therefore, the Hunan Securities and Regulatory Bureau to the company and Su Wen to give the above punishment. "Now can launch rights, the Commissioner of the Bureau this move very quickly." Reporters noted that many investors are prepared to advocate under the leadership of the rights. "From the administrative punishment to inform the book, where in the period from March 15, 2013 to June 11, 2014 to buy Heng Li industrial stocks, and after June 11, 2014 sold or continue to hold, the loss of shareholders can be sued in accordance with the law of Heng Li Industrial compensation Investment balance loss, However, the claim interval will not be finalized until the administrative penalty decision is made. "Guangdong HuanYu Jingmao law firm is Liu Hua Hao lawyer, said in a press interview, in Heng Li industrial release fileAfter the investigation announcement, they have already started the claim collection, now has more than 10 stock investors to carry on the forecast name. Liu Huahao speculated that, after the notice of administrative punishment issued, there will be many investors continue to register. "Recently, Foshan Lighting (market, interrogation) claims in the case of first instance judgement, greatly enhanced the confidence of shareholders, and now the enthusiasm of the shareholders to uphold the rights of the law is very high." Liu Huahao said the time is ripe to launch rights.