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Tongda Electric (603390.SH): Independent director Ding Qingsi relatives short-term trading and apologies

author:Finance

On December 16, Gelonghui announced that 603390.SH the company recently received a notice from independent director Ding Wensi that according to its recent self-examination, its mother Sun Lixiang bought and sold the company's shares between November 16, 2021 and November 17, 2021 due to her unfamiliarity with the relevant regulations on stock trading, which violated the relevant provisions of the Securities Law of the People's Republic of China and constituted short-term trading.

The specific circumstances of Sun Lixiang's trading in the company's shares are as follows:

According to the Securities Law and other relevant provisions, Sun Lixiang's trading in the company's stock constitutes a short-term transaction, and his profit in this short-term transaction is 4350.00 yuan (calculation method: selling price× selling shares to buy shares × buy shares). As of the date of the announcement, Sun Lixiang no longer holds shares in the company.

According to the relevant regulations, the income generated by the short-term trading of the mother of the directors of the listed company shall be owned by the company. According to Sun Lixiang's purchase and sale of the company's shares, the income generated by the above trading behavior is 4350.00 yuan (without deducting taxes), and Sun Lixiang has promised to hand over all the proceeds to the company, and the company will urge it to complete it as soon as possible.

This transaction is due to Sun Lixiang's unfamiliarity with the relevant laws and regulations on stock trading, and the independent director Ding Qingsi did not know the relevant circumstances of the stock transaction before the recent self-examination, and did not inform his parent company of the operation and other relevant information; Sun Lixiang's purchase and sale of the company's shares this time was based on his own independent judgment on the trading situation in the secondary market, and there was no use of the company's insider information to trade for benefits. Ding Wensi, an independent director of the Company, and his mother Sun Lixiang have deeply realized the seriousness of the violation and sincerely apologize to the Company and the majority of investors in this regard.

Ding Wensi promised that in the future, it would further study and strictly abide by relevant laws and regulations, consciously maintain the order of the securities market, and ensure that such situations would not occur again.

This article originated from Grand Gateway

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