Yongjin Technology Group Co., Ltd. (Yongjin Stock) has been fined 6.395 million yuan (RMB, hereinafter the same) for insider trading and short-term trading by the actual controller. Recently, many company executives have been fined for insider trading violations.
On January 10, Yongjin Stock announced that the company’s controller, Cao Peifeng, was fined 5,491,64.97 yuan for two instances of insider trading and short-term trading with an additional penalty of 5,845,824.85 yuan.
Since the beginning of 2025, there have been numerous cases of listed companies being penalized for insider trading.
According to a report by “First Financial” on January 12, on January 3, Xinlaiying Material announced that its controlling shareholder and actual controller Li Shuibo, as well as the company’s former board secretary Guo Hongfei, vice general manager and board secretary Zhu Mengyong, finance department staff Jia Qiaoling, and Fang Feng have been fined a total of 5.24 million yuan for insider trading in the company’s stock.
On January 6, Mogao Stock also announced that the company’s chairman, Du Guangzhen, was fined 199,400 yuan for engaging in insider trading with an additional penalty of 1.5 million yuan.
On January 9, Sun Yongxiang, the former president of Xiangcai Securities, was fined 18.4209 million yuan for insider trading and violating stock trading regulations during his tenure, along with a 5-year ban from the securities market.
In addition, external personnel directly employed by non-listed companies have also faced severe penalties for insider trading by receiving and utilizing internal company information.
On January 6, Yao Zhilin, Li Yanming, and Chen Chao from Chongqing were fined 16.94 million yuan for insider trading on Xinke Material’s stock. These three individuals were not company employees but benefited from trading with inside information obtained from relevant insiders.
Furthermore, as reported by “Daily Economic News” on January 12, Sun Yongxiang, the former president and senior consultant of Xiangcai Securities, was fined 7.2129 million yuan for involvement in “rat trading” activities, with an additional penalty of 11.21 million yuan.