--- title: "RUIFENG CHEM: The secretary of the board has been placed under investigation for suspected insider trading, which is a personal investigation and does not involve the company's stock trading" type: "News" locale: "en" url: "https://longbridge.com/en/news/244437594.md" description: "RUIFENG CHEM announced that its board secretary is under investigation for suspected insider trading, but the investigation only involves the individual and is unrelated to the company's stock trading. The company emphasizes that it has strictly complied with laws and regulations since its listing, has effective internal controls, has not been subject to any securities investigations or administrative penalties, and has no undisclosed material information" datetime: "2025-06-13T11:24:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244437594.md) - [en](https://longbridge.com/en/news/244437594.md) - [zh-HK](https://longbridge.com/zh-HK/news/244437594.md) --- # RUIFENG CHEM: The secretary of the board has been placed under investigation for suspected insider trading, which is a personal investigation and does not involve the company's stock trading According to the Zhitong Finance APP, Ruifeng High Materials (300243.SZ) announced that on June 13, 2025, some media reported that the company's board secretary was under investigation for suspected insider trading. The main issues involved are: (1) whether the investigation involves the company's stock; (2) whether there are loopholes in the company's internal control; (3) whether there is any important information that has not been disclosed to the public; (4) the authenticity of the company's past information disclosures. The company provides the following clarifications regarding the above rumors: (1) Whether the investigation involves the company's stock. The company has clearly stated in the announcement disclosed on June 9, 2025, that this investigation is a personal investigation of the individual and does not involve the trading of the company's stock, nor is it related to the company's business activities. (2) Whether there are loopholes in the company's internal control. Since its listing, the company has strictly adhered to the requirements of the Company Law, Securities Law, Guidelines for the Governance of Listed Companies, Shenzhen Stock Exchange GEM Listing Rules, and the Self-Regulatory Guidelines No. 2 for Listed Companies on the GEM of the Shenzhen Stock Exchange, establishing and improving the management system of the three meetings and one layer, continuously improving the corporate governance structure, establishing and perfecting the internal control system, enhancing the level of corporate governance, and safeguarding the interests of the company and all shareholders. The actual status of the company's internal control and governance meets the requirements of the laws and regulations issued by the China Securities Regulatory Commission and the Shenzhen Stock Exchange. In the disclosed "2024 Internal Control Self-Evaluation Report," the company clearly states: "The company has maintained effective internal control in all significant aspects in accordance with the requirements of the enterprise internal control standard system and relevant regulations." The accounting firm (special general partnership) issued an internal control audit report: "We believe that Ruifeng High Materials has maintained effective internal control over financial reporting in all significant aspects in accordance with the Basic Norms for Enterprise Internal Control and relevant regulations." Since its listing in 2011, the company has never been subject to any securities investigation or administrative penalties. (3) Whether there is any important information that has not been disclosed to the public. As of the date of this announcement, the company has no other important information that should be disclosed but has not been disclosed. (4) The authenticity of the company's past information disclosures. All publicly disclosed information by the company in the past is true, accurate, and complete, with no false records, misleading statements, or significant omissions ### Related Stocks - [300243.CN](https://longbridge.com/en/quote/300243.CN.md) ## Related News & Research - [Cocoa Prices Sink as the Global Supply Outlook Improves](https://longbridge.com/en/news/286797386.md) - [Harbor Freight sells metal detectors, but are they any good? Here's what users say](https://longbridge.com/en/news/286790968.md) - [Lytix Biopharma Advances Ruxotemitide Program as Q1 2026 Results Underscore Oncology Focus](https://longbridge.com/en/news/287162474.md) - [Coal forge fire tips and advice](https://longbridge.com/en/news/287186235.md) - [07:00 ETPolice Praxis Examines the Gap Between Documented Police Training and Institutional Function](https://longbridge.com/en/news/287052681.md)