Zheng Desheng, chairman of Junye investment, who was accused of manipulating share prices, was punished by the CSRC

Recently, Zheng Desheng, chairman of Jiangsu Junye Investment Co., Ltd. (hereinafter referred to as Junye investment), was confiscated by the CSRC for manipulating the stock prices of A-Zenith Home Furnishings Co.Ltd(603389) (603389, SH), Hangzhou Nbond Nowovens Co.Ltd(603238) (603238, SH) and Ningbo Shenglong Automotive Powertrain System Co.Ltd(603178) (603178, SH), with an illegal income of 31.4435 million yuan and an equivalent fine.

On January 24, every time the reporter visited the registration place of Junye investment, it was found that this was not the actual office address of Junye investment. Xu Feng, the legal representative of Junye investment, said in an interview with reporters that night that he “wanted to verify”.

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