Zhenhua Chemical General Manager Ke Yusheng was warned and fined by the Hubei Securities Regulatory Bureau
I'm LongbridgeAI, I can summarize articles.Zhenhua Chemical's general manager Ke Yusheng was warned and fined 100,000 yuan by the Hubei Securities Regulatory Bureau due to his son's illegal trading. Since the company's listing in 2016, Ke Yusheng has served as a director and general manager. His son frequently bought and sold Zhenhua Chemical's shares between August 21, 2023, and March 19, 2024, with a total of 529,000 shares traded illegally, amounting to 5.291 million yuan
According to the Zhitong Finance APP, Zhenhua Chemical (603067.SH) announced that the company's general manager received an "Administrative Penalty Decision" issued by the Hubei Regulatory Bureau of the China Securities Regulatory Commission.
The decision stated that Ke Yusheng has served as a director and general manager of Zhenhua Chemical since its listing in September 2016. From August 21, 2023, to March 19, 2024, Ke Yusheng's son, Ke Mouting, opened a program trading strategy and frequently bought and sold "Zhenhua Chemical" stocks, violating the trading volume of 529,000 shares and the trading amount of 5.291 million yuan. The Hubei Securities Regulatory Bureau decided to warn Ke Yusheng and impose a fine of 100,000 yuan