SFC punishes Great Lakes shares and executives

Source: Internet
Author: User
Keywords Executives shares
A year-long survey of the Securities and Futures Commission on the Great Lakes (600257, closing price of 6.78 Yuan) has finally come to the conclusion.  Great Lakes shares issued a notice, the company on May 28, 2010 received the Securities and Futures Commission of the SFC's "decision on administrative penalties", the SFC since December 2, 2008 the company's investigation, trial has been terminated. The SFC's findings suggest that the company's annual report did not disclose the relationship between Anxiang Aquatic products and Hongxin Holdings until 2007, and that the company's largest shareholder was the first. The SFC has decided to warn the company at the same time, the chairman of the Rozuliang to give warning, and a fine of 100,000 yuan, the other directly responsible personnel: When the director, General Manager Zengwei, when the director, Deputy general Manager Peng Rongchin to give warning, and fined 50,000 yuan respectively, when the director, Deputy general Manager Li Zujun, when vice chairman, The Secretary of the Board, Huang Niu, Liang Shumin, Cao Xiangjun, was given warning and sentenced to a fine of $30,000 respectively, at which time an independent director Zhao Tao gave warning.
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