Jingcheng copper Industry General Manager Reduction Collision window was notified by the exchange of criticism

Shenzhen stock market recently on "' window period ' illegal selling shares" to Jingcheng copper industry director and general Manager Ho fan out "ticket." After the regulatory authorities identified, Jingcheng copper director and general Manager Ho Fan, April 12 this year to 15.94 yuan to sell 202650 shares of their own shares, the total amount of the transaction amounted to 3.23 million yuan. Jingcheng Copper subsequently released its first quarterly results on April 20, and on April 29 disclosed the 2010 quarterly report. This means that Ho Fan's sell-off of the shares is no more than 8 days apart from the announcement of the listed company's performance, and is less than one months from the date of the quarterly release. According to SSE "Shenzhen Stock Exchange listed company directors, 19th of the guidelines on the management of shares and their changes held by supervisors and senior managers, the directors and supervisors of listed companies shall not buy or sell their own company shares within 30th prior to the announcement of the periodic report, as well as the performance notice and Performance Express announcement before 10th.　　Clearly, Ho Fan's sell-off has violated the rules.　　In this context, taking into account where the illegal reduction of shares in their activities after the timely adoption of positive remedial measures, Shenzhen, the final decision on June 25 to give Ho fan to inform criticism of the punishment. In fact, this reduction is now HO fan a large-scale sale of their own stocks in miniature. Data show that HO fan initially held 4.034 million sincere copper industry, after the dividend expansion, its holding 4.8408 million shares in September 2008 lifted the restricted. In December, ho fan the sale of 1.2 million of its shares through a large deal. Since then, with the holding of shares of the constant unlock, ho fan in 2009 and divided four times total reduction of 910,200 shares. and the illegal sale of shares is its first reduction in 2010.　　In turns, Ho fan is still holding about 2.53 million shares of Jingcheng copper industry. Behind the large-scale Ho fan, the lower shareholding cost should be its "power". It is understood that the initial investment cost of HO fan to listed companies is only 1.3956 million yuan. In stark contrast to this, after the sale, HO fan currently accumulated a total amount of up to 25.54 million yuan.