2020 “Yinhua Fund Cup” Sina bank financial planner competition, hot registration. From now on to September 7, you will receive free gift packages worth more than 700 yuan from Guan Qingyou, Luo Yuanshang, Chen Kaifeng and Jian Qi. < p > < p > on the evening of August 19, Jinlong (rights protection) issued an announcement saying that it had received the “Notice of investigation by China Securities Regulatory Commission”. China Securities Regulatory Commission decided to file a case against the company in accordance with the securities law of the people’s Republic of China and other relevant provisions for suspected violation of the relevant provisions of the provisions on the administration of stock rights of securities companies. Jinlong Co., Ltd. said that during the filing and investigation period, the company will actively cooperate with the investigation work of China Securities Regulatory Commission and invite investors to pay attention to investment risks. According to the investigation, Zhongshan securities has the following “four crimes”: one is that one director does not have the qualification of senior management and actually performs the duties of senior management; the second is that he does not perform the company’s prescribed procedures and arbitrarily changes the approval process of the company’s seal and contract management; the third is that the management of the seal is chaotic, and the approval authorization and process for the use of the company’s seal are not clear, and the requirement of double custody is not strictly implemented Fourth, the company failed to report to the board of supervisors according to the provisions, the management of personnel compensation was not perfect, the management of related party transactions was not in place and other corporate governance and internal management problems. < p > < p > the above behaviors respectively violate the regulations on the supervision and administration of securities companies and other relevant laws and regulations. Shenzhen Securities Regulatory Bureau has decided to take the following supervision and management measures on Zhongshan Securities: < / P > < p > 1. Within one year from the date of making the decision on the administrative supervision and management measures, the filing of new capital increase products and the new capital consumption business (including stock pledge type repurchase) shall be suspended Business, margin trading and securities lending business, proprietary business, underwriting and recommendation business requiring co investment or underwriting) shall be suspended, including bond pledge repo transaction, with its own funds or asset management funds. < p > < p > 2. Order to restrict the rights of chairman and director of Management Committee Lin Bingcheng, President Hu yinglu and compliance director yuan Ling to receive remuneration other than performance bonus in 2019, and the part already received shall be returned to the company. At the same time, the Shenzhen securities regulatory bureau made the decision to take public censure measures against Lin Bingcheng, Hu yinglu and Yuan Ling of Zhongshan securities (administrative supervision measures decision  No. 150 / 151 / 152), and respectively made a “decision on taking measures identified as inappropriate candidates” against Huang Yuanhua, sun Xuebin and Shi Wenyan of Zhongshan securities. In this regard, Jinlong shares said that Huang Yuanhua (assistant director of the Management Committee) did not obtain the qualification for senior management of securities companies, but actually performed the duties of senior executives by participating in the decision-making of the management committee, as the direct responsible person. Sun Xuebin and Shi Wenyan are the senior managers directly responsible for problems 2 and 3 of Zhongshan securities. < p > < p > the decision of Shenzhen Securities Regulatory Bureau on Huang Yuanhua, sun Xuebin and Shi Wenyan as inappropriate candidates. Therefore, Jinlong shares points out that within two years from the date of making the decision on administrative supervision and management measures, the three persons shall not hold the posts of directors, supervisors, senior managers, heads of branches and departments of securities companies or actually perform the above duties. < p > < p > Zhongshan securities shall, within 30 working days from the date of receiving the letter of decision on inappropriate candidates, make a decision to remove Huang Yuanhua, assistant director of the management committee, person in charge of human resources department and risk management department, sun Xuebin, deputy director of the management committee and office head, and Shi Wenyan from the position of director, Director Secretary and member of the Management Committee (No In addition, they shall not hold any management positions in the company, and shall report in writing to Shenzhen Securities Regulatory Bureau within 3 working days from the date of making the decision. The suspension of some business of Zhongshan securities this time may have a certain impact on the current operating performance of Jinlong shares. The company will timely perform the obligation of information disclosure according to the progress of relevant matters. < p > < p > it is reported that Jinlong shares control Zhongshan securities and is also the largest shareholder of Dongguan securities, with direct shareholding ratios of 70.96% and 40% respectively, and also shares 3% of Hualian Futures Co., Ltd. Zhongshan Securities Co., Ltd., established in 1992, headquartered in Shenzhen with a registered capital of 1.7 billion yuan, is a fully licensed comprehensive securities company with business systems of investment banking, retail business, asset management, fixed income and securities investment. Zhongshan securities has a wholly-owned private equity subsidiary, Shenzhen Jinhong Hefu Investment Management Co., Ltd., a wholly-owned alternative investment subsidiary, Shenzhen Jinhong Shaohui Investment Co., Ltd., and a holding subsidiary, Shanghai continental Futures Co., Ltd. Dongguan Securities Co., Ltd., established in June 1988 with a registered capital of 1.5 billion yuan, is a state-owned comprehensive securities company in Dongguan. The company’s business scope covers securities brokerage, asset management, investment banking, investment management, research information and other fields. As of June 30, 2020, Zhongshan securities has set up 19 branches and 83 securities business departments, Dongguan securities has set up 27 branches and 56 securities business departments. The business outlets are mainly distributed in the Pearl River Delta, Yangtze River Delta and Bohai rim economic circle. The main business of Jinlong is securities company business, mainly relying on its holding subsidiary Zhongshan securities and participating subsidiary Dongguan securities. According to the semi annual report data disclosed on August 18, the company’s total operating revenue in the first half of the year was 1.175 billion yuan, an increase of 42.61%; the net profit attributable to the shareholders of the listed company was 163 million yuan, with a year-on-year increase of 108.33%; and the basic earnings per share was 0.18 yuan. Jinlong shares said that since the second quarter, with the promotion of resumption of work and production, the main domestic securities indexes have shown an upward trend. The Shanghai and Shenzhen stock exchanges are more active, and the total transaction amount of stock funds has increased year-on-year. Income from investment banking and securities investment business of the company’s subsidiaries increased. Since July, Jinlong shares have increased significantly. As of August 19, the cumulative increase of nearly 40% in 36 trading days has resulted in a market value rise of 4.3 billion yuan. Before that, Jinlong was still planning to increase its fixed amount and change its ownership, and therefore received a regulatory letter. Among them, the complicated equity change has attracted the attention of the market. On the evening of August 4, Jinlong Co., Ltd. issued 19 announcements at one go. Among them, the company announced a plan for non-public issuance of shares. The company plans to issue shares to its related party Zhu Fenglian in a non-public manner. The number of shares to be issued in private shall not exceed 264 million shares, and the total amount of funds raised shall not exceed 3.556 billion yuan, which shall be used to repay the company’s loans and supplement the company’s working capital. According to the announcement, < / P > < p > announcement, in order to enable the company to smoothly promote the proposed non-public offering of shares, Yang Zhimao and Dongguan new century company science and Education Development Co., Ltd. (hereinafter referred to as “new century company”) respectively issued “letter of commitment on abandoning voting rights” on August 4, 2020, and Yang Zhimao planned to give up 66.3 million shares of Jinlong shares (accounting for the total shares of Jinlong shares) The new century company intends to give up the voting right of 250 million shares (27.90% of the total share capital of Jinlong) held by it. It is reported that the total number of shares of the company is 896 million, and Zhu Fenglian holds 132 million shares, accounting for 14.74% of the total shares of the company before the issuance. In other words, after Yang Zhimao and the new century company’s commitment to give up voting rights takes effect, Zhu Fenglian, the second shareholder, will passively become the actual controller and controlling shareholder of the company. If after the completion of the fixed increase, the total number of shares of the company will be 1.160 billion, and Zhu Fenglian will hold 396 million shares, accounting for 34.15% of the total shares of the company after the issuance. Zhu Fenglian is still the actual controller and controlling shareholder of the company. The Shenzhen Stock Exchange issued a letter of concern late on August 4, asking Jinlong to explain whether Yang Zhimao and Zhu Fenglian had constituted persons acting in concert in history, and whether the rights and interests of Yang Zhimao and Zhu Fenglian in Jinlong shares should be calculated in combination with Article 83 of the administrative measures for the acquisition of listed companies. If not, the reasons, circumstances and reasonableness of the fact that Yang Zhimao and Zhu Fenglian did not constitute persons acting in concert in history; if so, whether Yang Zhimao and Zhu Fenglian are acting in concert at present; if Yang Zhimao and Zhu Fenglian have constituted persons of concerted action in history, and then do not constitute persons of concerted action, the time when Yang Zhimao and Zhu Fenglian do not constitute persons of concerted action shall be explained Time, reason, situation and rationality. < p > < p > in this regard, the Shenzhen stock exchange immediately issued a letter of concern, requiring the company to elaborate from seven aspects. Among them, Jinlong is required to explain whether Yang Zhimao and Zhu Fenglian have constituted persons acting in concert in history, and whether the rights and interests of Yang Zhimao and Zhu Fenglian in Jinlong shares should be calculated in combination with Article 83 of the administrative measures for acquisition of listed companies. The Shenzhen Stock Exchange pointed out that Zhu Fenglian, the object of the non-public offering, was the spouse of Yang Zhimao. Yang Zhimao directly holds 7.40% of the company’s equity, and indirectly holds 27.90% of the company’s equity by controlling the new century company, and Zhu Fenglian directly holds 14.74% of the company’s equity. In addition, Zhu Fenglian and Yang Zhimao have a joint investment relationship and the new century company relationship. < p > < p > it is also worth mentioning that on the evening of August 5, the day after the issuance of the fixed increase plan, Jinlong shares issued an announcement on the release of stock pledge. After the stock price has been booming, the pledge of 9.35 million shares was released in the new century, and 2.5 million shares were released by Zhu Fenglian. The release date shows August 4. According to the announcement, the pledgee is Dongguan trust and Huarong Asset Management Guangdong branch.