Shanghai Stock Exchange: give a regulatory warning to Shao Minghai, the director of Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) at that time

On March 2, the Shanghai Stock Exchange issued the decision on giving supervision warning to Shao Minghai, the director of Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) at that time.

It is found that Shao Minghai has served as a director of the company since January 24, 2015. On February 8, 2022, the company disclosed that Shao Bingjie, Shao Minghai’s daughter, had short-term trading of the company’s shares. Shao Bingjie bought and sold the company’s shares for many times from October 28 to December 30, 2021. Shao Bingjie, the daughter of Shao Minghai, the then director of the company, bought and sold her shares within six months, which constituted a short-term transaction. According to the company’s announcement, the income of the above short-term exchange of 17094 yuan has been turned over to the company.

The first management department of listed companies of Shanghai Stock Exchange made the following regulatory measures: give a regulatory warning to Shao Minghai, the director of Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) at that time.

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