Mingyang Intelligent (601615.SH): Director and executive Wang Jinfa mishandled when implementing the reduction plan, resulting in short-term trading and apologies

On September 8, 2021, Gelonghui announced that mingyang intelligent (601615.SH) announced that on September 8, 2021, the company learned that wang Jinfa, a director and senior manager, had purchased 10,000 shares of the company's shares through the secondary market auction transaction due to misoperation, accounting for 0.0005% of the company's total share capital, resulting in a short-term transaction.

On September 8, 2021, Wang Jinfa implemented the reduction of holdings through the auction trading method of the Trading System of the Shanghai Stock Exchange, and due to operational errors, he misoperated 10,000 shares into a purchase in the process of reducing holdings and selling, and mistakenly bought 10,000 shares of the company's stock, with an average transaction price of 23.10 yuan and a transaction amount of 231,000 yuan, thus constituting a short-term transaction. The details are as follows:

This short-term trading behavior is caused by misoperation and does not have the subjective intention of short-term trading.

After verification with Wang Jinfa, the above-mentioned short-term trading behavior is caused by Wang Jinfa's operational errors in the process of reducing the company's shares, and there is no situation of using short-term trading or insider information trading to seek benefits, and there is no subjective violation. Wang Jinfa sincerely apologized to the majority of investors for the adverse impact of this short-term trading behavior on the company and the market.

According to the relevant regulations, Wang Jinfa sold 60,000 shares of the company's stock on September 8, 2021, with an average transaction price of 23.60 yuan / share, and bought 10,000 shares of the company's stock due to misoperation, with an average transaction price of 23.10 yuan / share, with the average price of the sale of the day as a reference, the income generated by the misoperation was 5,000 yuan, and Wang Jinfa handed over all of them to the company.

This article originated from Grand Gateway