SFC crackdown on restructuring illegal luyin investment "recruit"

From September 2, the company's major assets reorganization plan received by the SFC to September 18 and was urgently stopped, luyin investment (market, interrogation) (600784. SH) The road to reorganization has been halted. Financial profit Po, the current savings rate increased 1000% September 23, Luyin Investment issued a notice, the company received the China Securities Regulatory Commission, because of participation in the reorganization of the relevant parties involved in illegal investigation of the case, the merger and reorganization application was suspended for review. At present, there is no notice of investigation of listed companies. 　　As for the specific aspects of the offence, the notice has not been disclosed. On the same day, the company's securities staff told our correspondent, "So far, the company has only received verbal notice from the SFC." What the company can confirm is that it has nothing to do with the company itself. 　　"Earlier, the company issued a notice on September 5, said the Securities and Futures Commission on the company's major assets reorganization of the administrative license application materials were reviewed, that the application material is complete, in accordance with the statutory form, decided to accept the application of the administrative license." However, just half a month later, the wind changes. To this, a brokerage senior Paude told our correspondent, "so far, insider trading is still a listed company merger and reorganization of the hardest hit." Therefore, insider trading verification is still one of the preconditions for the merger and approval, and the SFC has also adopted a high-pressure situation. Luyin Investment audit was suspended or related. "And, from the latest regulatory policy, the wind has changed dramatically," the regulator said. "It used to be, no matter ' good guys ' or ' bad guys ', everyone was stuck in a long line. Now, after the merger and reorganization, the regulator encouraged the ' good guys ' to be good, ' good guys ' get a ' premium ' for regulatory scrutiny. "Early in the day, Luyin investment in the lowest price was smashed to 5.94 yuan to stop the plate." 　　As of the end of the market, the company's stock price is still contrarian 6.21%, the report received 6.19 Yuan. 　　Reorganization of alleged illegality it is worth mentioning that July 29 this year, Luyin investment in the announcement of major asset replacement and issuance of shares to buy assets and related transaction reports, the company's senior relatives of frequent transactions in the scene has surfaced. According to the company's reorganization plan disclosed, the company will be owned by the strip branch of the stock, all non-current assets and advance accounts with the large shareholder Laiwu Steel Group held 4.98% stake in Lai, replacement, Placing assets beyond the balance of the set of assets of about 404 million Yuan, the company will be 5.65 yuan per share of the price to the Laiwu Steel Group to issue 71.5641 million shares of the purchase. 　　After the deal is completed, the shares of the Laiwu Steel group will also rise from 14.52% to 25.29%. And the company announced the self-examination report also shows that the company Supervisor Jing Yenfang's spouse and son, as well as Liu Xiaozhi in the reorganization before the restructuring of the suspension of six months to June 25, 2013 (self-examination period of April 8, 2012 to June 25, 2013) within the sale of listed companies stock. In particular, the Hou Huimin spouse was in 2012 4From 18th to September 10, the number of transactions, as many as 15 times. 　　In addition, as the reorganization of the Asset appraisal Agency, Joey also on May 21, 2012 in his personal stock account to buy 6.52 yuan/share Luyin Investment 1800 shares, May 23, 2012, 6.5 yuan/share Buy 2000 shares. 　　In this connection, the relevant parties have said, did not know the company to reorganize the news or until October 2012 to know, the Luyin investment stock trading behavior is based on the two-tier market independent judgment, there is no use of insider information to carry out transactions. The same day, the Securities department staff also stressed that the company is not suspected of insider trading. "After two board meetings, the company disclosed the relevant insider's shareholding and made detailed disclosure." However, the aforementioned senior insurance generation, it can be seen that the company's self-examination report has not been recognized by the SFC. "If the relevant personnel have records of stock transactions prior to the disclosure of information, the SFC will focus on whether the relevant personnel can clearly state the relevant circumstances, whether the intermediary to verify and express their views does not constitute insider trading." 　　"The insurance agent also said that if the relevant personnel have a highly suspected insider trading activities, such as the purchase of sensitive information before the centralized purchase or large purchases and the relevant departments issued the opinion that the relevant transactions can not exclude the suspicion of insider dealing, then referred to the relevant departments to determine whether there is insider trading." 　　Review restart suspense undeniably, the suspension of the company's major restructuring has disrupted the company's transformation plans. 　　The same day, the company's securities staff also blunt, in the current situation, the reorganization process can only be postponed, the company is not clear when to restart. 　　Previously, Luyin investment has placed great hopes on the merchant banks to be injected by major shareholders. 　　As of July 31, 2012, the bank's deposit balance reached 24.909 billion yuan, the total loan of 17.892 billion yuan, the total assets reached 36.46 billion yuan, to achieve a profit of 429 million yuan. 　　According to the performance compensation agreement, the forecast net profit of Levin bank from 2013 to 2015 reached 720 million yuan, 876 million yuan and 1.017 billion yuan respectively. Secondary market, benefiting from the company's reorganization plan and the "Shandong Gold reform" concept, Luyin investment shares have been a big change. 　　As the September 12 day, Luyin investment in the stock price on the trading board. The senior insurance generation said that after the company was investigated, its plans to issue shares to buy assets is facing a blow: "The listing of securities issued by the management measures" clearly stipulates that listed companies or their current directors, A senior management is not allowed to issue shares in public if he or she is being investigated by a judicial organ on suspicion of committing a crime or is suspected of violating the law. ”