Administrative punishment of the SFC in Beihai port

Beihai Port (000582), in response to the CSRC on the company in Tianjin de Li Group Limited in the actual control of the alleged disclosure of information on the case for investigation, the company on February 18, 2011 received the CSRC issued the "Administrative penalty decision book."　　The decision of administrative punishment determines that the Beihai port does not disclose the actual controller change according to the regulations, and that Tianjin de Li has failed to fulfill the offer acquisition obligation and the announcement matters, and that the Beihai port has not disclosed the foreign security matters according to the regulations, and that the Beihai port has not disclosed the relevant party funds transactions According to the illegal facts of the parties, nature, circumstances and social harm, in accordance with the provisions of the 193th and No. 213 of the Securities Act, the SFC decided to give a warning to Beihai port and Tianjin de Li, and to impose a fine of 300,000 yuan respectively, and to give warning to the competent personnel directly responsible for the illegal disclosure of information, Wang Colli.　　And sentenced to a fine of 300,000 yuan, and a number of other relevant persons to give warning, fines and other penalties. In the September 2004, Tianjin de Li became the actual control person of Beihai port, but Beihai Port did not disclose it. September 2006, Beihai port for Tianjin Tak Lee Logistics Co., Ltd. Two total of 69 million yuan of bank loans to provide security, nor timely notice.　　From October 2005 to July 2007, Tianjin Tak-Li was in the name of fictitious trade, cooperative operation, construction project contract, the Beihai Port and its subsidiary funds to Tianjin and its affiliated companies, Beihai Port also did not timely notice. Beihai Port said that the company on June 25, 2007 after the actual control of the state, after thorough rectification, solemn representations, took the civil and criminal legal measures, and multi-party coordination, has all resolved to correct the above issues, and has timely fulfilled the obligation to disclose information.