Securities code: 300607 securities abbreviation: Guangdong Topstar Technology Co.Ltd(300607) Announcement No.: 2022-004 bond Code: 123101 bond abbreviation: TOS convertible bond
Guangdong Topstar Technology Co.Ltd(300607)
Announcement on the company’s directors and senior managers receiving the warning letter from Guangdong regulatory bureau of China Securities Regulatory Commission
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Mr. Wu Fengli, chairman and President of Guangdong Topstar Technology Co.Ltd(300607) (hereinafter referred to as “the company”) and Mr. Zhang Peng, director, respectively received the decision on Issuing warning letter to Wu Fengli (decision on administrative supervision measures [2022] No. 19) issued by Guangdong regulatory bureau of China Securities Regulatory Commission on January 30, 2022 The decision on Issuing warning letter to Zhang Peng (decision on administrative supervision measures [2022] No. 20) is hereby announced as follows:
1、 Contents of warning letter
Wu Fengli:
After investigation, you have been the chairman and President of Guangdong Topstar Technology Co.Ltd(300607) (hereinafter referred to as Guangdong Topstar Technology Co.Ltd(300607) ) since February 2014. On March 19, 2021, you bought 2243500 “Tuosi convertible bonds” at a transaction price of 100 yuan / piece, with a transaction amount of 224346700 yuan. On September 14, you sold 103500 “Tuosi convertible bonds” at the transaction price of 118.007 yuan / piece, with a transaction amount of 12.2137 million yuan and a profit of 1.8515 million yuan. As of November 3, you have handed over all the benefits to the company.
As the chairman and President of Guangdong Topstar Technology Co.Ltd(300607) , you sold your Guangdong Topstar Technology Co.Ltd(300607) convertible bonds within six months after you bought them, which violated the relevant provisions of Article 44 of the securities law. According to Article 170 of the securities law, our bureau has decided to take administrative supervision measures to issue warning letters to you. You should seriously learn lessons, seriously study securities laws and regulations, strictly regulate securities trading behavior, and take practical and effective measures to prevent such behavior from happening again.
If you are not satisfied with this supervision and management measure, you can apply for administrative reconsideration to the China Securities Regulatory Commission within 60 days from the date of receiving this decision; It may also bring a lawsuit to the people’s court with jurisdiction within 6 months from the date of receiving this decision. During the period of reconsideration and litigation, the above supervision and management measures shall not be suspended.
Zhang Peng:
After investigation, you have been a director of Guangdong Topstar Technology Co.Ltd(300607) (hereinafter referred to as Guangdong Topstar Technology Co.Ltd(300607) ) since February 2019. On March 19, 2021, you bought 4531 “Tuosi convertible bonds” at a transaction price of 100 yuan / piece, with a transaction amount of 453100 yuan. On September 14, you sold 4531 “Tuosi convertible bonds” at a transaction price of 118.3 yuan / piece, with a transaction amount of 536000 yuan and a profit of 82400 yuan. As of November 3, you have handed over all the benefits to the company.
As a director of Guangdong Topstar Technology Co.Ltd(300607) , you sold your Guangdong Topstar Technology Co.Ltd(300607) convertible bonds within six months after you bought them, which violated the relevant provisions of Article 44 of the securities law. According to Article 170 of the securities law, our bureau has decided to take administrative supervision measures to issue warning letters to you. You should seriously learn lessons, seriously study securities laws and regulations, strictly regulate securities trading behavior, and take practical and effective measures to prevent such behavior from happening again.
If you are not satisfied with this supervision and management measure, you can apply for administrative reconsideration to the China Securities Regulatory Commission within 60 days from the date of receiving this decision; It may also bring a lawsuit to the people’s court with jurisdiction within 6 months from the date of receiving this decision. During the period of reconsideration and litigation, the above supervision and management measures shall not be suspended.
2、 Relevant description
After receiving the warning letter, the company and relevant responsible persons attach great importance to the problems pointed out in the warning letter. Chairman and President Wu Fengli and director Zhang Peng will also take this as a warning and seriously learn from experience and lessons. The company will earnestly strengthen the study of directors, supervisors, senior managers and other relevant department personnel on relevant laws, regulations and normative documents such as the securities law, several provisions on the reduction of shares held by shareholders and directors, supervisors and senior executives of listed companies, strengthen the awareness of standardized operation, prevent the recurrence of such events and effectively protect the interests of minority shareholders.
It is hereby announced
Guangdong Topstar Technology Co.Ltd(300607) board of directors January 30, 2022
