Jilin Pharmaceutical Vice president explosion violation of short-term trading

Source: Internet
Author: User
Several times wants to "marry" the Reorganization not fruit Jilin Pharmacy (000545. SZ) broke the scandal of executives ' illegal trading of shares.  February 14, the company announced that the company's deputy general manager Liu Yu in six months to buy and sell the company's shares, resulting in short-term illegal transactions. According to the bulletin, February 9, 2011, Liu Yu to 7.86 yuan per share price through the Shenzhen securities Trading system to buy 1400 shares, and on the second day that February 10 to 7.99 Yuan of the average selling 350 shares, profit 45.5 yuan. Under article 47th of the Securities Act: "Directors, supervisors, senior managers of listed companies, shareholders who hold 5% of listed companies, sell their shares in the company within 6 months after purchase, or buy them within 6 months after the sale, and the proceeds shall be owned by the company, The company's board of directors shall recover its proceeds ". Liu Yu's stock trading behavior violates the relevant regulations of listed companies and constitutes a short-term transaction.  Jilin Pharmaceutical said the company has recovered its income of 45.5 yuan on February 14.  February 10, Jilin Pharmaceutical stocks opened 7.75 yuan, the maximum price of 8.10 yuan, eventually closed to 8.04 yuan, the price fluctuation is not big. Jilin Pharmaceutical industry in recent years, the decline in profits, 2009 annual net loss of 15.65 million yuan, according to the company's recent annual performance forecasts show that 2010 company performance in advance loss is up to 27 million yuan.  As a result of two consecutive years of losses, according to the relevant provisions, the company's stock will be implemented risk warning treatment (ie *st processing).  Liu Yu also apologized to investors for the illegal trading, and pledged to strengthen their study, strictly abide by the laws and regulations of listed companies, and resolutely prevent such incidents from happening again. February 14, Jilin pharmaceutical 8.17 Yuan, Rose 1.11%.

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