Executive Relatives window period illegal transaction Luyin investment reorganization was halted

Source: Internet
Author: User
Commercial newspaper reporter Cheng Chongqing news because of senior management relatives and the reorganization of relevant personnel in the window frequency of trading stocks, Luyin Investment (600784) set out the steel assets, equity participation in the restructuring of the Bank of the road steep variable. Yesterday, Luyin investment issued a notice, received a notice from the CSRC, because the involved in the reorganization of the relevant parties suspected of violating the law, the merger and reorganization application was suspended for review. Affected by this news, Luyin investment in the opening of less than five minutes yesterday was hit to a halt, and finally to 6.19 yuan down 6.21% closed. Financial profit treasure, the current savings rate of 1000% planned for nearly nine months reorganization accident changed It is understood that Luyin investment this reorganization began at the beginning of the year. January 4 this year, Luyin Investment released a reorganization plan said that the company owns some of the steel strip branch of the stock, all non-current assets and advance accounts, in exchange for the holding shareholder of Laiwu Steel Group held 4.98% equity of the equivalent part of the bank, At the same time to the Laiwu Steel group issued shares to purchase the value of the assets in excess of the value of the asset set out the difference.  After the completion of the reorganization, Luyin investment is no longer engaged in steel business, the main business will become equity investment, investment in finance, real estate development, powder metallurgy and products, mining, cashmere and textile industries, such as comprehensive listed companies. After six months of brewing, Luyin Investment finally released on July 30 the reorganization of the draft. Subsequently, the company issued a notice on September 5 that has received the CSRC's "China Securities Regulatory Commission Administrative license Application acceptance notice." However, the restructuring brought about by the well-being of only half a month, yesterday's "stop" announcement let Luyin investment "private bank trip" steep ups and downs. Affected by this, the company yesterday also suffered several times to hit the plate. In fact, since the reorganization involved the concept of "private banks", the company's shares were once pushed to the market on September 12, and in the first day of the session set a new stage.  But after yesterday's plunge, the company's share price was almost back to hype. Window period frequent transaction of senior relatives why did they die unexpectedly? Yesterday, the commercial newspaper reporter dialed the luyin investment telephone, the securities department related staff said, the company has not received the investigation notice, therefore the concrete reason still waits for the notice.  However, the company released July 30 a self-examination report, it revealed the reorganization was accidentally stopped the reason. Self-Examination report shows, company Supervisor Jing Yenfang's spouse and son, as well as Liu Xiaozhi in the reorganization before the suspension of business in six months to June 25, 2013 (self-examination period of April 8, 2012 to June 25, 2013) within the sale of listed companies stock. Among them, the Hou Huimin spouse of the Jing extended the number of transactions between April 18, 2012 and September 10 amounted to 15 times, the total reduction of 24,200 shares, more than 180,000 yuan. In addition, as the reorganization of the Asset appraisal Agency, Joey, a project manager of the joint venture, on May 21, 2012, in his personal stock account to 6.52 yuan/share buy Luyin Investment 1800 shares, May 23, 2012 and 6.5 yuan/shares buy 2000 shares. Restructuring changed, the company's share price plunged, shareholders became the most direct victims. Yesterday, in the UBS investment stocks bar, many netizens have shouted "injured", "the reasons for the CSRC investigation may be related to frequent transactions before the reorganization of insider." Guotai Investment consultant Zhang Analysis points out that the development of the event remains to be seen, the company's short-term trend is not clear.

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