Ningbo Securities Regulatory Bureau announced a penalty: overheard insider information at the office entrance and bought "QITIAN Technology" stock, earning a profit of 260,000 yuan

Recently, the Ningbo Securities Regulatory Bureau announced a penalty related to insider trading. The penalty details show that Li was overheard insider information at the office door and subsequently operated his relative's account to buy shares of "QITIAN Technology," with a transaction amount of approximately 300,000 yuan and a profit of 260,000 yuan. Li argued that he did not intentionally probe for insider information but merely overheard relevant conversations by chance. As for using a relative's account to buy stocks, Li stated that it was to benefit his relative through stock trading profits