Chairman of Oriental Rain Rainbow: The company is dealing with the suspicious affair of executive transaction
Source: Internet
Author: User
KeywordsChairman Executive
Recently, on the Oriental Rainbow Trade Strange thing, "securities daily" reporter has interviewed the oriental Rain Rainbow Chairman Li Weiguo and Dong Secret Zhang Hongtao. Li Weiguo, chairman of the company, said that the company was dealing with the matter and did not give a positive response. However, when asked whether the company will issue the matter in the next few days in the announcement, Li Weiguo said there may be a notice. Later, Dong Zhang Hongtao, in an interview with reporters, said he had already seen the securities daily May 31 about the Oriental Rain Rainbow Trade report, but said it does not believe that the company to visit Jinhua's spouse May 17 increase in their own shares of the behavior of illegal, so also naturally do not publish any announcements to clarify. However, Zhang Hongtao also admitted that the company did discuss the Oriental rain Rainbow's directional issue, but because the company is large, not every senior is eligible to participate in the company's decision to engage in additional issues, and as a company supervisor of the tour Jinhua this is not involved. However, when looking at the 2009 Annual Report of Oriental Rain Rainbow, the reporter found that including three independent directors of the company, there are only 12 supervisors, including three supervisor, including the Chairman of the Board of Supervisors Langhe Zhang, Supervisors Rong Jinhua, staff supervisors Wushui, while the supervision of Jinhua in three of the highest annual salary, The amount is 168,000 yuan, the chairman Langhe Zhang and the staff supervisor Wushui are only 13,500 yuan and 14,500 yuan respectively. Then even from the pay, the Board of Supervisors to take the highest pay of the tour Jinhua is likely to drift away from the company's major decisions? In addition, according to the reporter understand, listed companies in the process of operation, should take the initiative to protect the right to know supervisors, timely provide the necessary information and information, so that the Board of Supervisors on the company's financial situation and management of the effective supervision, inspection and evaluation. So, like the company's directional issuance of such a big thing, as an important manager of the company's supervisors, did not participate in the possibility of not even knowing how much? Moreover, the 13th of the rules for the management of shares and their changes held by directors, supervisors and senior managers of listed companies clearly stipulates that, within 2 trading days from the date of occurrence or in the decision-making process which may have a significant impact on the transaction price of the company, Directors and supervisors of listed companies cannot buy or sell shares in the company during this period. Hu Xiaoke, a professor of law at the Central University of Finance and Economics, said earlier that the May 17 company supervisors visit Jinhua Spouse's overweight behavior is clearly in the company's decision-making process of the issue of additional issues. And if executives do stock trading after they know the plan, there is likely to be insider trading. As for investors questioning the company's use of insider information to manipulate share prices, Dong Zhang Hongtao said that the company's share price fell mainly because the recent trend of the market is not very good, coupled with the company a quarterly profit decline, so this situation will occur, and the company a quarterly not ideal is the main reason is the off-season, And most of the companies in their industry earlier this yearNot ideal, there is no use of insider information to manipulate the price of the behavior.
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.