Insider trading three "most" *st the secretary of the secret penalty

The use of senior positions, *st (600699, before the closing price of 9.23 yuan), Dong Yuchunling use the associated account "latent" their own stock gambling restructuring. In order to conceal this behavior, she unexpectedly in the disclosure of the two linked account to save the name of the user.　　The manipulation is described as an unprecedented "feat" in insider trading cases in a-share market. Today, the SFC informed the "*st Heng Tung Yuchunling insider trading case". Although the stock loss, but Yuchunling still fined 600,000 yuan.　　Interestingly, Yuchunling is still *st. The most daring in the report to the associated account February 14, 2008, Liaoyuan Heng (*st Heng) and the actual operation of the trust reorganization of the coastal international holding management, to determine the intention to restructure cooperation, to April 28, 2008, the first time the company issued a major asset reorganization, during the period of the insider information sensitive period.　　At the same time, *st Secretary of the Board of Directors and Yuchunling, secretary of Liaohe Textile company, throughout the entire process of the company's participation in the trust reorganization, is insider information, in the inside information sensitive period, she used its management "Li Yue" "Liufenglin" account Transactions "*st", the SFC identified as "insider trading." In general, insider trading will be extremely cautious. In particular, it is not possible to allow its associated accounts to appear in the quarterly reports of listed companies. However, Yuchunling apparently "outsmart".　　Because the secretary is mainly responsible for the disclosure of information, Yuchunling use of the job, in *st 2008 years in the newspaper deleted the "Li Yue" "Liufenglin" two accounts. Everything seemed flawless, but the paper could not hold the fire.　　The company's data show that "Li Yue" "Liufenglin" ranked seventh and Nineth largest circulating shareholders, Yuchunling Smart-aleck by the SFC verified.　　In the worst case of insider trading, which is a huge difference from most insider trading parties, Yuchunling was badly hit by the news. The announcement showed that the Yuchunling managed two accounts "Li Yue" "Liufenglin", which were involved in the two quarter of 2008. In Yuchunling released 2008 "False in the newspaper", the tenth circulating shareholder's shareholding is 724300 shares, then "Li Yue" "Liufenglin" a total shareholding of about 1.6 million shares, as a result of the two quarter of 2008, *st to hang before the heavy volume, after the infinite fall after the card,　　Its intervention cost price will be as high as 7.2 yuan, Yuchunling control of the funds as high as 11.52 million yuan. However, since the UBS Trust has not been listed by the Banking Regulatory Commission agreed to, so the major asset restructuring issues failed.　　June 17, 2008 after the *st of the card after a 11 fall, to September 18 see the reserve price of 2.29 yuan, the interval of up to 70%. As the SFC "administrative penalty decision" does not mention the 2008-year quarterly "Li Yue" "Liufenglin" two accounts also hold *st, which means that Yuchunling in the stock after the shares of all cut meat, recognition of losses. According to conservative estimates, Yuchunling per shareAt least 2 yuan, cut the meat money amounted to 3.2 million yuan.　　The most deserved the penalty even though Yuchunling is very likely to lose out, but according to the relevant laws and regulations, its difficult to escape the fate of punishment. According to the SFC's "administrative penalty decision", Yuchunling was given a warning, and at a fine of 600,000 yuan, the party enterprises Liaoyuan Heng, Liaohe textile was also warned, fined 300,000 yuan respectively.　　As the company director and Chief manager Zhaoli failed to find out in time to stop, give warning, and fined 30,000 yuan. The announcement shows that *st to waive the application of administrative reconsideration, the company is not known whether other parties to apply for administrative reconsideration and the intention to bring administrative proceedings.