Golden Horse Group's evasive insider trading remains to be clarified

NetEase Finance June 10 News Golden Horse Group announced, NetEase Finance recently released the "Golden Horse Group Reorganization Investigation" series of articles, the company reorganization process related transactions raised the question, Jinma group said, on June 2 received SSE inquiry letter, asked for NetEase financial challenges related matters to be verified. Recognizing the unanimous action relationship, the Jinma group said through the company to check the relevant data confirmed, such as NetEase Financial reports, as of 2010, the Beijing Zhonghui Investment Consulting Co., Ltd. (hereinafter referred to as "the Li Far"), Beijing Huasheng Chong Wei Investment Consulting Co., Ltd. (hereinafter referred to as "Huasheng Chong Wei"),　　Beijing HSBC Investment Management Co., Ltd. (hereinafter referred to as "HSBC Investment"), Beijing hundred Lee to create Investment Management Co., Ltd. (hereinafter referred to as "the creation of"), Beijing Bao Tian Hua Investment Management Co., Ltd. (hereinafter referred to as "Bao Tian Hua") is still shareholders, the number of their holdings and the end of 2009 unchanged, but has not been listed in the top ten shareholders.　　Golden Horse Group said, after the inquiry, recognized NetEase finance before the report of the Li Yuan, Huasheng Chong Granville, HSBC Investment, the creation of the company, Bao Tian Hua, the 5 companies of the shareholders or the actual control per capita for Chen Zanwei and Nana, in accordance with the relevant provisions for the concerted action.　　At the same time, Chen Xieyang and Beijing Rui Connaught Chung Yi Investment Management Co., Ltd. (hereinafter referred to as "the benefit of the"), because Chen Xieyang for the second largest shareholder of the benefit, holding its 40% stake, so Chen Xieyang and the public benefit of the company also for the same action.　　In addition, the Gold Horse group announced changes in the number of holdings, including the Shenzhen Sea Ya (Group) Co., Ltd., Chen Xieyang and Reno, before the reorganization, without exception, when the three companies were visibly underweight before the restructuring (November 25, 2009) and the first quarter of 2010. Among them, Shenzhen hai Ya (group) Co., Ltd., Chen Xieyang held 1.0035 million shares before the restructuring, in just 35 days (December 31, 2009), and added 200,000, and until March 31, 2010, to 1.06 million shares. Chen Xieyang in the restructuring before the suspension of 445,500, the end of 2009 to 815700, 2010 years before the first quarter to 300,000 shares.　　and Reno from 863,000 before the suspension, to 406,000 in the first quarter of 2010. Insider trading has yet to be clarified and for the suspicion of NetEase financial suspicion leaked reorganization news for insider trading, the Golden Horse Group said, the company's board of directors of the controlling shareholder Shandong Luneng Group Co., Ltd., directors,　　Supervisors and senior managers have verified that the above five companies and Chen Xieyang are related to and are involved in insider trading.　　Jinma Group said that the company's controlling shareholder Shandong Luneng Group Co., Ltd., the company directors, supervisors and senior managers with the above five companies and Chen Xieyang and the public benefit does not have a relationship. As for the existence of insider trading, the Golden Horse group is very secretive. "There is no correlation, there is no denying that there is no insider trading," Beijing asked Tian law firm seniorLawyer Zhangyuanzhong Analysis said. Zhangyuanzhong said that according to the securities Law and China's criminal Law on insider trading, insider trading is in the process of securities trading, insider information and illegal access to insider information for the use of insider information to engage in securities trading activities.　　In practice, insiders use insider information to buy or sell securities, or to advise others to buy or sell securities, or to disclose insider information to others, "there is no correlation between the absence of insider trading and not the same concept."　　As for whether the five companies and the Chen Xieyang and the company have used insider information to buy and sell securities, the group said it had issued a letter of enquiry to the eight shareholders on June 8, and that the eight companies had yet to reply. It is worth mentioning that for NetEase financial report of the Golden Horse Group of the third largest shareholder in Shenzhen Investment Company has been cancelled in 2005, the Golden Horse Group also recognized that in 2001 Shandong Luneng Group Corporation reorganization of the company, Shenzhen Investment Company is the company's corporate shareholders,　　However, in the 2005-year gold and horse group to carry out the split share reform, has sent a contact with the company, but has not been contacted, and at this time, that is, by the Golden Horse Group, the major shareholder of Shandong Luneng Development Group to advance the share reform of the shares. 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