Core Viewpoint - The Ningbo Securities Regulatory Bureau has imposed administrative penalties on Li Jungang for insider trading, resulting in the confiscation of illegal gains and a fine due to his actions during a sensitive period related to Qitian Technology's stock [2][8][11]. Group 1: Insider Trading Details - Li Jungang overheard insider information regarding Qitian Technology while at the office and subsequently traded shares through a relative's account, resulting in a profit of approximately 260,000 yuan from an investment of about 303,395 yuan [2][4][8]. - The insider information was related to Qitian Technology's search for a partner for a private placement from 2022 to early 2023, culminating in a strategic cooperation agreement signed on April 19, 2024 [4][5][6][7]. Group 2: Regulatory Actions - The Ningbo Securities Regulatory Bureau determined that Li Jungang's actions violated the Securities Law, specifically regarding insider trading, and decided to confiscate his illegal gains of 260,022.03 yuan and impose an 800,000 yuan fine [8][11]. - The investigation included evidence such as transaction records and testimonies, confirming that Li Jungang's trading was influenced by the insider information he overheard [8][10].
办公室门口听到内幕消息……炒股赚了,罚单来了