603880，实控人再受罚

Core Viewpoint - The article highlights the insider trading activities of the actual controller and former financial director of Nanwei Co., Ltd., who sold shares to avoid losses before the company's stock was suspended due to financial misconduct and audit issues [2][3]. Group 1: Insider Trading Details - The actual controller Li Ping and former financial director Xiang Qinhua sold a total of 8.184 million shares for approximately 47.97 million yuan between March 14 and March 28, 2023, just before the negative audit report was disclosed [5]. - Following the audit report's negative opinion, Nanwei's stock price dropped from 5.51 yuan to 4.26 yuan over five consecutive trading days, indicating that Li and Xiang successfully exited before the price decline [5]. - The Jiangsu Securities Regulatory Bureau calculated that Li Ping avoided losses of 11.77 million yuan and Xiang Qinhua avoided losses of 101,700 yuan, leading to a total penalty of approximately 48.71 million yuan for both individuals [5][6]. Group 2: Financial Misconduct Background - The insider trading was rooted in the actual controller's misuse of company funds, with a total of 336 million yuan being misappropriated from bank loans through intermediaries to related parties from March 2020 to December 2022 [7][8]. - The misappropriation of funds represented significant percentages of Nanwei's net assets, with figures reaching 20.61% in 2021 and 11.11% in 2022 [8]. - The company faced a total penalty of over 57 million yuan due to the financial misconduct and insider trading activities [9]. Group 3: Shareholding and Pledge Situation - As of September 24, 2023, Li Ping held 119 million shares, representing 41.12% of the company, with 73.54% of his shares pledged, amounting to 30.24% of the total share capital [10]. - Nanwei stated that the risks associated with Li Ping's share pledges are controllable, and he plans to address potential margin call risks through various financial strategies [11].