Cooperate with the investigation of the case of manipulating the securities market. In the past, the 10 billion rich were guaranteed pending trial!

In recent years, the Zhongchang Big Data Corporation Limited(600242) has been troubled again.

according to the announcement issued on Zhongchang Big Data Corporation Limited(600242) January 8, the company recently received a notice from the actual controller Chen Jianming that Chen Jianming had taken the initiative to go to the Shanghai Public Security Bureau on December 24, 2021 to cooperate with the Shanghai Public Security Bureau in investigating the case of securities market manipulation. The Shanghai Public Security Bureau decided to obtain a guarantor pending trial, with the period starting from December 25, 2021.

the former billionaires fell

Although Zhongchang Big Data Corporation Limited(600242) said that the production and operation of the company were not affected and all work was carried out in an orderly manner. However, the reality is that under the control and steering of Chen Jianming, Zhongchang Big Data Corporation Limited(600242) production and operation has deteriorated sharply in recent years, and various chaos have erupted frequently, such as lack of internal control, out of control of official seal and so on.

looking back at Chen Jianming, before he was released on bail this time, what was last exposed and widely concerned by the market was the “reward event” at the end of August last year.

At the end of August 2021, the Qingdao intermediate people’s Court issued a notice offering a maximum reward of 10 million yuan, which aroused great concern in the market. In the reward notice, the person executed was Chen Jianming and his actual control of Sansheng Hongye.

Qingdao intermediate people’s court said that anyone who reported the clues of the above-mentioned property hidden and transferred by the person subjected to execution and helped the court implement it in place would pay a reward of 10% of the actual amount of execution, up to 10 million yuan.

Chen Jianming, the controlling shareholder of Zhongchang Big Data Corporation Limited(600242) in the reward notice, is the actual controller.

It is regrettable that in 2019, Chen Jianming also ranked 398 on the Hurun rich list in 2019 with a wealth of 10 billion yuan. However, in October of that year, the financial products sold by Sansheng Hongye to employees were not cashed when they were due, and the debt crisis appeared. As a listed company of Zhongchang Big Data Corporation Limited(600242) , it was also exposed that executives resigned one after another, and its core companies were out of control. So far, it is still in the “quagmire”.

there is a clue to obtain bail pending trial

Due to the deep debt crisis, Chen Jianming and Sansheng Hongye are involved in many litigation cases and have many potential risks.

However, according to the statement in the latest announcement of Zhongchang Big Data Corporation Limited(600242) , Chen Jianming’s bail was not due to a debt dispute, but cooperated with the Shanghai Public Security Bureau to investigate the case of securities market manipulation.

in this regard, the reporter noted that in May 2021, the CSRC issued a decision on administrative punishment for Chen Jianming, Xie Jing and Hu Kan’s manipulation of “Zhongchang data” (i.e. Zhongchang Big Data Corporation Limited(600242) ).

According to the regulatory investigation, according to the inquiry records, capital transaction records, hardware information of securities account trading terminal and other evidence, from February 9, 2018 to January 16, 2019, Chen Jianming, Xie Jing and Hu Kan controlled the use of “Cai moubo” and other 101 securities accounts (hereinafter referred to as account group) to trade “Zhongchang data”.

During this period, Chen Jianming and others controlled the use of the account group, used the capital advantage and shareholding advantage to continuously and intensively trade “Zhongchang data”, and traded between the accounts they actually controlled, affecting the transaction price of “Zhongchang data”, making a total profit of 11.4723 million yuan.

At that time, although Chen Jianming and his agents made a defense and tried to evade administrative punishment, the CSRC decided to confiscate the illegal income of Chen Jianming, Xie Jing and Hu Kan and impose a fine according to the facts, nature, circumstances and social harm of the parties’ illegal acts and article 203 of the securities law; At the same time, Chen Jianming was banned from the securities market for 10 years and Xie Jing was banned from the securities market for 5 years.

Looking back at Zhongchang Big Data Corporation Limited(600242) , since the debt crisis broke out among actual controllers and major shareholders in 2019, the company has also entered a “Stormy” stage, the stock price has fallen sharply, and the latest market value has fallen to 1.2 billion yuan. What makes investors more confused is that there seems to be no sign of the end of this bad situation

stock price trend of Zhongchang Big Data Corporation Limited(600242) since 2019

(source: Shanghai Securities News)

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