Director Chen Xiaohua of Guangdong Tengen Industrial Group (003003.SZ) received a warning letter from the Guangdong Provincial Regulatory Bureau.
18/11/2024
GMT Eight
Guangdong Tengen Industrial Group (003003.SZ) announced that the company recently received a decision from the Guangdong Securities Regulatory Bureau to issue a warning letter to Chen Xiaohua ([2024] No.189).
After investigation, it was found that Chen Xiaohua, as a director, vice president, and CFO of the company, had engaged in short-term trading activities through her spouse's securities account from June 6, 2024, to November 12, 2024. During this period, her spouse bought a total of 6,700 shares of the company with a total transaction amount of 50,518 yuan, and sold a total of 20,000 shares with a total transaction amount of 195,000 yuan. According to Article 44, Paragraphs 1 and 2 of the Securities Law of the People's Republic of China (hereinafter referred to as the "Securities Law"), these actions constitute short-term trading. In accordance with Article 170, Paragraph 2 of the Securities Law, the Guangdong Securities Regulatory Bureau has decided to issue a warning letter to Chen Xiaohua as an administrative supervision measure.