Yongjin Co., Ltd.: Former Chairman Yu Jiqun received the administrative supervision measures decision letter

Yongjin Co., Ltd. announced that, within the thirty days before the disclosure of the company’s 2019 annual report, its then-chairman, Yu Jiqun, used other people’s securities accounts to cumulatively buy 289.8k shares of the company’s stock, with a transaction amount of 6.162 million yuan, in violation of the relevant regulations, thus constituting illegal trading of the stock during a window period. He received an administrative regulatory measures decision from the Zhejiang Securities Regulatory Bureau, and the regulatory measures include supervision and administration measures requiring the issuance of a warning letter, which has been recorded in the securities and futures market integrity file.

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