Xin Lang Cai Jing·2025-12-10 03:08Core Viewpoint - Changcheng Life Insurance has been issued a warning letter by the Hebei Securities Regulatory Bureau for failing to cease trading in shares of Xintian Green Energy after acquiring a 5% stake, violating the Securities Law of the People's Republic of China [1][3]. Group 1: Regulatory Actions - On December 9, the Hebei Securities Regulatory Bureau decided to issue a warning letter to Changcheng Life Insurance for not stopping the trading of Xintian Green Energy shares after holding 5% of the company's stock [1][3]. - The warning is based on violations of specific articles of the Securities Law, and Changcheng Life is required to submit a written report to the regulatory bureau within 15 days of receiving the decision [1][3]. Group 2: Company Background - Changcheng Life Insurance is a national life insurance company established on September 20, 2005, with a registered capital of 6.839 billion yuan and total assets exceeding 160 billion yuan [2][5]. - The company has 14 branches, 71 tertiary institutions, and 104 quaternary institutions, along with four subsidiaries in asset management and insurance agency [2][5]. Group 3: Recent Activities - In 2025, Changcheng Life Insurance has frequently increased its stakes in various listed companies, including China Water Affairs, Datang Renewable, Qinhai Port, and Xintian Green Energy [2][5].