Chengchuang Technology Chairman Ma Yongling (middle) was prosecuted for allegedly manipulating stock prices and other crimes. Four other people were not prosecuted in the same case.

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[Reporter Qian Lizhong/Taipei Report] Xu Guoliang, former vice president of Yuanta Securities, colluded with speculator Zheng Guoliang to speculate that Chengchuang Technology, the younger brother of Yuanta founder Ma Zhiling Ma Yongling, who is in charge, issued convertible corporate bonds and The capital increase in cash involved a total of more than 400 million yuan in arbitrage among 9 people including Ma. They were all prosecuted in accordance with the Securities Exchange Law and other crimes and are in the trial of the first instance. The defendants in the same case who did not prosecute were Hong Qingyang, the head of Chint Travel Agency who provided funds, and Hong’s ex-wife Ji Hongying. , Zheng Guoliang's son Zheng Chaoyin, and Xu Guoliang's friend Peng Zhongming.

The 67-year-old Ma Yongling made films in her early years and took the stage name "Ma Yonglin". She founded Jialin Films and Xinghong Films, and later returned to the mall. Her subsidiary Chengchuang Technology was listed in 2008, specializing in precision ceramics and deep ultraviolet sterilization. Products, after the outbreak of the epidemic, a production line was also set up to manufacture and sell masks.

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The indictment mentioned that in 2016, in order to expand the market and plan to invest in the polycrystalline sapphire industry, Ma faced capital needs and raised funds by issuing new shares and issuing convertible corporate bonds in cash. However, the funds in the company's account were less than Short-term borrowings, and long-term sluggish stock prices and sluggish trading volume, in order to increase the issuance price of cash capital increase, it involved conspiring with operators to manipulate stock prices.

From October 2016 to the end of 2017, Ma Yongling and Liang Xuanying, the deputy general manager of Chengchuang, instructed the audit supervisor Kang Shuming to provide more than 97.16 million yuan in funds for Xu Guoliang and others to invest in stocks; When the stock price was raised, in conjunction with the major news and schedule of cash capital increase and the issuance of convertible corporate bonds, a large number of Chengchuang stocks held by Dahua Assets, Fudian and Gulf Assets were sold, and the funds for the sale of shares were provided to Xu et al. Continue to speculate in stocks.

The prosecution found out that the manipulation of the stock price by nine people can be divided into three stages, namely, the initial period from October 1, 2016 to February 28, 2017, and the period from March 1, 2017 to September 15, when the high point was maintained. And from September 16 to December 31 of the same year, after the lock-up period from maintaining the stock price at a high level to completing the cash capital increase and convertible corporate bonds, the stock price was manipulated through 3 companies and 37 personal accounts, and the illegal arbitrage was 409,983,074 yuan .