Silver Wheel shares of deputy general manager of the sale of their own stock "misoperation" has become a senior executives illegal stocks popular language

-Our correspondent users June 27, the Silver Round shares (002126) disclosed the company's director, deputy general manager Wang Mei and the sale of shares.　　And in the disclosure of Executive stock events, the company announced the 2008 dividend scheme for the rest of the day. The reporter calls the silver round shares the securities Office to ask its reason, the company staff said, the announcement already said very clearly, is the mistake operation.　　And rightly to reporters that such executives "misoperation" situation, other listed companies are also very common, and not surprising.　　It seems that "misoperation" has become a popular language for executives to stock up on stocks, and that executives who violate the rules can take it. Deputy general manager to sell 106,000 shares of 1.3621 million yuan Silver round shares are listed in April 2007, the company registered in Tiantai County, Zhejiang province.　　Mainly engaged in a cooler private enterprises, the largest shareholder single major shareholder namely Zhejiang Silver Wheel Industrial Development Co., Ltd., the rest are natural persons. June 24, 2009, the Wang shares announced that the director, deputy general Manager of the United States and the average price of 12.85 yuan to sell the shares of 106,000 shares, the same day, due to operational errors, and the average price of 12.99 yuan to buy shares in the shares 16,000 shares, Wang has not benefited from this stock-buying act.　　As of June 24, 2009, Wang held 1,680,356 shares of the bank's shares, 1,511,517 of which were locked as executive shares and claimed to have been the fault of its agents during the operation. Wang is a director and deputy general manager of the AG round. 1955 Born, college degree. September 1986 to September 1989 in the rooftop insulation material factory work, the October 1989 into the roof machinery factory work, successive sales section Chief, Sales Director and Director assistant, Deputy Director and Sales Director, sales deputy general manager. Since March 1999, he has been a director and deputy general manager of the Bank, and a director of Zhejiang Silver Wheel Industrial Development Co., Ltd. Since the listing of the bank's shares, Ms. Wang has served as deputy general manager of the Silver Wheel.　　Ms. Wang has a total stake of 2015356 shares in the bank's shares. Wang us to sell 106,000 shares of the silver round shares 12.85 yuan to earn 1,362,100 yuan. It is understood that the shares of the silver round some of the company executives are holding shares of listed companies.　　The reporter inquired about the source of the shares held by the executives, who said it was the original investment of the company's executives when the company was founded. So, is Ms. Wang's shares a restricted stock or a lifting stock? The company's staff said that we were listed in April 2007, the lock is a regular one-year, and April 2008 was lifted. The rules for the management of shares and their changes held by directors, supervisors and senior managers of listed companies do stipulate that directors, supervisors and senior managers of listed companies may not transfer within one year from the date of listing of the company's sharesThe stock they hold.　　According to the law, Ms. Wang's shares are still legal. 　　If Ms. Wang sells the 16,000 shares she bought after 6 months, Ms. Wang's stock-buying behavior will be legalized. A professor of economic law at the Central University of Finance and Economics said now many companies in the management of illegal stocks after the speculation that the executive stock is "wrong operation" caused by, this has formed a listed company executives illegal stocks of a pretext, this is not only to find excuses for their own violations, but also an irresponsible embodiment of investors.　　And many companies are said to be their agents, but generally like securities accounts such as money accounts are not borrowed, the agent is in fact a pretext, and this agent in the end should be disclosed. Big shareholders and senior executives "high-throwing low" should be wary. With the stock market rising since April, some listed company executives are desperate to take the risk. The SFC has repeatedly sacrificed swords, the suspected illegal stocks of executives to file an investigation. Survey objects, the Qilian Mountains (600720), Conch Cement (600585), Hang Seng Electronics (600570), Oriental Jinyu (600086) and so impressively in the eye. One of the Qilian Mountain supervisor Lu Xianbin illegal stocks profit 37052.30 yuan.　　But despite this, executives are constantly desperate. "Directors, supervisors and senior managers of listed companies holding the shares of the company and its changes management rules", the transfer of the stock base, the calculation of the period of short-term trade ban, the choice of trading window, share changes in the timely disclosure of a number of matters made clear provisions.　　The promulgation and implementation of the regulations will effectively curb the illegal behavior of the directors, supervisors and senior managers of listed companies to transfer the shares of the companies held in the company or to carry out short-term transactions within six months.　　Although article 47th of the Securities Act stipulates that "the directors, supervisors and senior managers of a listed company will sell their shares in the company within six months after the purchase, or within six months after the sale, the proceeds shall be owned by the company".　　However, the terms of the legalization of executives ' buying and selling of stocks after six months give executives the opportunity to make two reasonable high throws and low suction a year.　　In the blog of Professor Liu Jipeng, it has long been mentioned that large shareholders and executives, such as the high throw-away capital operation model, will form a big dangerous lake in the stock market. Professor Liu Jipeng said that with the lifting of restricted shares, the share of listed companies can be more and more negotiable. More and more listed companies have been and will learn to high throw low suction capital operation. The capital operation of single largest shareholder and senior executive is not restricted in the existing law, and the capital operation of large shareholders and senior executives using asymmetric information for high throw and low absorption can be realized in the scope of "lawful and reasonable".