Manipulating the stock price of 800 million!*ST Yikang's controlling shareholder and private equity "plant" is not light

Recently, the official website of the CSRC disclosed an administrative penalty decision. Ren Liu Shaoxi's details of the stock price of listed companies have surfaced.

The administrative penalty decision shows that the parties such as Yihua Group and Shenzhen Qianhai An Tiancheng Investment Consulting Co., Ltd. (hereinafter referred to as An Tiancheng) controlled 132 accounts involved in the case, from July 20, 2017 to March 15, 2019 During the period, the act of manipulating the stock price of "Yihua Health (ie*ST Yikang)" was implemented. However, the above -mentioned manipulation behavior led to the loss of 817 million yuan in Yihua Group and An Tiancheng. Regarding the above -mentioned illegal acts, the CSRC decided to impose a fine of 2.25 million yuan and 600,000 yuan respectively on Yihua Group and Liu Shaoxi.

At the same time, the relevant parties' manipulation of the stock price was also exposed. Administrative punishment decision shows that the main manipulation methods of Yihua Group, including continuous transactions, reverse transactions, and lifting behaviors. For example, the situation of the account group's "Yihua Health" appears at all stages. There are 115 trading days on the 403 trading days. There are 38 trading days.

The controlling shareholder and private equity manipulation stock price

*ST Yikang is on the edge of the delisting. According to its 2021 annual report, the company's net assets audited in 2021 were -411 million yuan, and the audit institution issued an audit report that could not express their opinions on the company's 2021 financial statements. Implement the delisting risk warning. In addition, from 2019 to 2021, the company has a cumulative loss of about 2.9 billion yuan in three years.

*ST Yikang issued an announcement in February 2021 that the company's controlling shareholder Yihua Group and actual controller Liu Shaoxi were investigated by the Securities Regulatory Commission for suspected manipulating the securities market and failing to disclose the change of shareholding changes in accordance with regulations.

According to the administrative penalty decision disclosed by the CSRC recently, after investigation, the parties such as Yihua Group and private equity institutions An Tiancheng controlled 132 accounts involved in the case. From July 20, 2017 to March 15, 2019, the advantages of funds were used , Holding the advantages of the shareholding, using continuous transactions in the session, and trading "Yihua Health" in securities transactions between the accounts that their actual controls are actually controlled, affecting the stock transaction price and transaction volume, and the intention of conducting the market is obvious.

It is reported that the operational behavior of Yihua Group is divided into three stages: the first stage is the stages of the position, and from July 20, 2017 to October 15, 2018, the Yihua Group and the Zhejiang Commercial Industry Industry and Commercial Institutions signed the "Cooperation Agreement Agreement ", Use investment institutions to open a trust and legal person account, continue to buy" Yihua Health "stocks, and suck the preparation position. During the period, the account group bought 65.42 million shares of "Yihua Health", with a turnover of 1.784 billion yuan.

The second stage is the protection of the market. From October 16th, 2018 to February 11, 2019, the account group traded continuously, a lot of conversion, and tried to maintain the stock price. The buying transaction amount is 4.552 billion yuan. The third stage is to sell stocks. From February 12, 2019 to March 15, 2019, the account group sold 77.26 million shares, with a sales transaction value of 844 million yuan.

"Daily Economic News" reporter noticed that from July 2017 to January 2018,*ST Yikang's stock price has risen, but the stock price has fallen again and again. As of the close of September 22, 2022,*ST Yikang's stock price closed at 1.47 yuan/share, a decrease of 2.65%on the day.

The main manipulation method is exposed by the ticket exposure

Administrative punishment decision shows that the main manipulation methods of operating stock prices such as Yihua Group include continuous transactions, reverse transactions and lifting behaviors.

For example, the situation of the account group's "Yihua Health" appears at all stages. There are 115 trading days on the 403 trading days. There are 38 trading days, more than 20%of 15 trading days, more than 30%of 8 trading days, and more than 40%of the trading day. On January 30, 2018, the total transaction volume of the account group to the market reached a maximum value of 41%.

It is worth noting that the above -mentioned manipulation of the stock price is not profitable. The administrative penalty decision shows that Yihua Group and Antian's honesty operations lost 817 million yuan.

Regarding the above -mentioned illegal acts, the CSRC decided to order Yihua Group and An Tiancheng to handle illegal securities in accordance with the law, and imposed a fine of 2.25 million yuan on Yihua Group, and imposed a fine of 750,000 yuan in An Tiancheng. In addition, Liu Shaoxi, chairman of Yihua Group, and Shi Lixing, general manager of An Tiancheng, were directly responsible for the supervisors.

Liu Shaoxi also involved the financial fake case of Yihua Life, which has been delisted. According to the report, from 2016 to 2019, Liu Shaoxi, a actual controller of Yihua Life, used his control position to instruct Yihua Life through fictional sales business and other methods, with a cumulative incremental income of 7.1 billion yuan and a cumulative increase of 2.8 billion yuan. In October 2021, the Securities Regulatory Commission imposed a penalty for the financial fake case of Yihua Life. Liu Shaoxi himself was fined 9.3 million yuan and was banned by the lifelong securities market.

On the morning of September 22, in order to further understand the situation, the reporter tried to interview*ST Yikang and called the company's securities department to call, but did not connect.Daily Economic News

- END -