FSL chairman Zhuang resignation

FSL "insider trading" investigation and new progress. Yesterday evening, FSL announced that Chairman Zhuang Jianyi is to accept the Guangdong securities regulatory bureau investigation, in order not to affect the normal operation of the company has resigned as chairman of the board, temporarily by Vice Chairman Zhong Xincai to perform the duties of the chairman.

Zhuang Jianyi took office is not enough to quit

Zhuang Jianyi in May 27th this year, was elected chairman of the board of directors of FSL, as of August 30th, but took office 96 days, may be one of the shortest time listed chairman of the board of directors.

According to the announcement, FSL chairman Zhuang Jianyi received a written resignation on August 30th, because of its being Chinese CSRC Guangdong Bureau of investigation, in order not to affect the normal operation of the company, the chairman resigned from the company to apply for. And during the vacancy of the chairman, vice chairman Zhong Xincai will perform on behalf of the chairman of the board, FSL will be completed as soon as possible by the chairman of the vacancy by election and related follow-up work.

Zhong Xincai claiming to be "to join rebels"

In the village of fortitude was elected chairman of the board, was in charge of FSL for 18 years Zhong Xincai again, temporarily to perform the duties of the chairman. In Qinghai last night in a telephone interview, said, perseverance is to resign in order to not affect FSL, because of the recent media attention to him too much, so that FSL can not work properly. "Zhongxin and Zhuang Jianyi" (resignation) was to sacrifice yourself to keep the company. "

For temporarily to perform the duties of the chairman, Zhongxin described himself as "temporary appointment to join rebels". "I don't do who are willing to do it?" but Zhongxin also said: "I will not long served as chairman of the board, I was 67 years old, and this is a shifeizhide, I long to do and why?"

Insider trading was questioned to conceal the relationship

Public information, Zhuang perseverance was born in 1952, is Guangdong Chaoyang, for Hongkong Chang Chang lighting equipment Co., Ltd. (hereinafter referred to as Hongkong Yu Chang) actual controller. He was elected in 1995 after FSL's board of directors, vice chairman, and in May 27th this year, officially became chairman of FSL.

According to FSL's interim report, as of June 30th this year, Hongkong FSL holds nearly 132 million shares, that is, the equity of the other, and I am determined to hold the Zhuang FSL shares

The day before the announcement that FSL Zhuang Jianyi because of alleged violations of securities laws and regulations, by Chinese Guangdong Securities Regulatory Commission investigation. According to another party, Zou Jianping, the survey refers to the village in August 25th last year and in two in a total of about HK $400 thousand acquisition of 80 thousand shares of Guangdong lighting B. Because of the time to buy shares and the company considered the joint venture on the establishment of the Qinghai Buddha Li Li Energy Development Co., Ltd., the media questioned whether it belongs to insider trading.

However, recently, there are media exposure, the Securities Regulatory Commission investigation is about the relationship between Zhuang and FSL, one of the ten major shareholders of the previous Guangzhou Yi Chang exists. The media questioned, Guangzhou chang you continue to decrease over the past 10 years, FSL stake, profit has more than 100 million yuan, while Guangzhou Youchang contributor Lin Chanling, Zhuang and Zhuang Jianyi to possible kinship, namely Guangzhou Youchang and Zhuang Jianyi is actually consistent action, but the relationship over the years but did not disclosure. Reporters have tried to contact the insider trading door another party secretaries Zou Jianping understand the progress of the investigation, but the other phone off.