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Yongjin Co., Ltd.: The former Chairman engaged in illegal stock trading during the window period and received a warning letter.
On March 27, People’s Finance News reported that Yongjin Co., Ltd. (603995) announced on March 27 that it received the “Decision of the Zhejiang Securities Regulatory Bureau on Taking Warning Measures Against Yu Jiqun.” It was found that Yu Jiqun, the then chairman of Yongjin Co., Ltd., operated another person’s securities account to buy a total of 289,800 shares of the company’s stock for a transaction amount of 6.162 million yuan within 30 days prior to the announcement of the company’s 2019 annual report. The above behavior constitutes a violation of window period trading regulations. The Zhejiang Securities Regulatory Bureau decided to impose supervisory measures on Yu Jiqun by issuing a warning letter, and this will be recorded in the integrity file of the securities and futures market.