Longji Green Energy and Liancheng CNC have both denied insider transactions.

Red Star Capital August 21 news that Li Chunan was investigated for investigation by Li Chunan's suspected insider trading of the securities market, Liancheng CNC (835368.bj) and Longji Green Energy (601012.SH) have issued an announcement that the suspected insider trading target is not the basis Company stocks. (For details, please refer

Liancheng CNC stated that it was confirmed to Li Chunan that he was suspected of insider trading.

Longji Green Energy also stated that after confirming to Li Chunan, he was suspected of insider trading in this case, and he did not involve related matters of the company.

Public information shows that Li Chunan was born in October 1968. He has no permanent residence in Chinese nationality in October 1968. He graduated from Lanzhou University with a bachelor's degree. He is currently the vice chairman of Hainan Huizhi Investment Co., Ltd. and chairman of Liancheng CNC.

In addition, Li Chunan is now one of the shareholders of Longji Green Energy, and Li Zhenguo and Zhong Baoshen are also called "Longji Three Swordsmen". As of the end of the first quarter, he held 114 million shares, accounting for about 2.11%of the total share capital.

The Red Star Capital Bureau noticed that as of the end of the first quarter, Li Chunan was the third largest shareholder of Longji Electromagnetic (873425.NEEQ), holding 160.56 million shares, accounting for about 17.12%of the total share capital.

On August 19, Longji Electromagnetic issued an announcement saying that he received a notice from the CSRC's filed case, and the actual controller, director, and general manager of Longji Electromagnetic Zhao Nengping was investigated for the investigation of the inside trading of the securities market.

↑ Screenshot from Longji Electromagnetic Announcement

Red Star News reporter Yang Peiwen

Responsible editor Deng Yiguang Editor Xiao Ziqi

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