Chen Jinquan engaged in insider trading and made a profit of 5.79 million. He was fined by the China Securities Regulatory Commission five times the amount of profit.

The China Securities Regulatory Commission issued an administrative penalty decision, during the sensitive period of insider information, Chen Jinquan contacted and met with multiple insider information informants. From January 5th to 9th, 2023, Chen Jinquan traded stocks of the relevant company. According to calculations, he made a profit of 5,789,901.96 yuan. Chen Jinquan's purchase of stocks in the relevant company coincided highly with the formation and change of insider information, and there were obvious abnormal trading behaviors such as aggressive buying, concentrated buying, and significant increase in trading volume. The CSRC decided to confiscate Chen Jinquan's illegal gains of 5,789,901.96 yuan and impose a fine of 28,949,509.80 yuan.