就上市公司前董事未配合港交所和香港证监会的调查，港交所首次采取纪律行动

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) has taken disciplinary action against two former directors of Wanma Holdings for failing to cooperate with investigations by the HKEX and the Securities and Futures Commission (SFC) [1][3][4] Group 1: Disciplinary Action - This marks the first time HKEX has imposed disciplinary action against a listed company due to non-cooperation from former directors [1] - HKEX publicly reprimanded former executive director Ms. Ma Xiaoqiu and former independent non-executive director Mr. Jin Lailin, declaring them unsuitable to serve as directors or senior management in Wanma Holdings or any of its subsidiaries [3][4] Group 2: Investigation Details - Both HKEX and SFC are conducting investigations into Wanma Holdings, focusing on potential violations of the Securities and Futures Ordinance [4][6] - The SFC issued notices to Ms. Ma and Mr. Jin under Section 183 of the Securities and Futures Ordinance, requesting relevant information and documents, but both failed to respond [4][6] Group 3: Regulatory Responsibilities - According to the Listing Rules, every director of a listed issuer is responsible for cooperating with any investigations conducted by HKEX or SFC, a responsibility that continues even after they cease to be directors [6] - The Listing Committee determined that both Ms. Ma and Mr. Jin violated this requirement, constituting a serious breach [6] Group 4: Regulatory Statements - HKEX's Head of Listing Regulation and Compliance, Yan Yuyu, emphasized the importance of cooperation between issuers and regulatory bodies to maintain fair and orderly market operations [6] - SFC's Executive Director of Enforcement, Wei Hongfu, stated that non-cooperation undermines regulatory effectiveness and investor protection, highlighting the serious consequences for directors who neglect their fundamental responsibilities [6]