Core Viewpoint - The case of Huang Jiegen, former Secretary of the Board of Jiangsu Ankao Smart Electric Co., Ltd., has drawn significant attention from the capital market, resulting in a seven-year prison sentence for attempted extortion, despite no financial gain being achieved [1][2][11]. Group 1: Case Background - Jiangsu Ankao Smart Electric Co., Ltd. was established on May 20, 2004, and is headquartered in Liyang, Jiangsu, specializing in high and ultra-high voltage cable connectors [6]. - Huang Jiegen, born in April 1984, joined Ankao Smart Electric in August 2021 as the Secretary of the Board, but was arrested in August 2022 for alleged extortion [6][7]. - The company went public on the Shenzhen Stock Exchange on February 28, 2017 [6]. Group 2: Legal Proceedings - The Liyang People's Procuratorate accused Huang of modifying a performance agreement to include a clause that significantly increased the likelihood of the company's default, which he later used to demand compensation [7][17]. - Huang was arrested on August 26, 2022, after the company's chairman, Chen Xiaoling, reported him to the police [8]. - The court found that Huang's actions constituted attempted extortion, leading to a seven-year prison sentence and a fine of 100,000 yuan [11][18]. Group 3: Court Findings - The court determined that Huang's modifications to the performance agreement were made without proper disclosure to Chen, thus constituting a fraudulent act [15][17]. - The court calculated the attempted extortion amount based on the stock price of 42.79 yuan per share for the 21.06 million shares Huang sought, totaling approximately 3.2165 million yuan [17]. - The court acknowledged that Huang's actions were deemed attempted extortion due to external factors preventing the crime from being completed, allowing for a reduced sentence [18]. Group 4: Appeals and Outcomes - Huang appealed the initial ruling, claiming that the performance agreement required multiple approvals and could not have been unilaterally modified [20]. - The second-instance court upheld the original ruling without a hearing, stating that Huang's appeal lacked new evidence and was not valid [21].
分文未获 董秘敲诈上市公司录得有期徒刑7年