经专案组调查，一桩始于2022年底的权钱交易浮出水面。当时正值该超市与长期合作的物流供应商肖某 公司续签合同的关键时期。手握华东区域运营、仓储、物流大权的管某向肖某透露自己急需用钱，提出 借款请求。静安公安分局经侦支队民警蔡志杰告诉贝壳财经记者，这笔300余万元的资金流转既没有借 条，也未约定还款期限和利息，完全不符合正常借贷的特征。"管某事后以'明年生意继续做'作为承 诺，肖某的公司随后顺利获得续约。这实质上就是确保商业机会的'买路钱'。" 包装成朋友间的"资金借贷"，背后却隐藏着赤裸裸的权钱交易。 11月21日，上海静安警方向新京报贝壳财经记者披露侦破一起大型连锁超市高管受贿案。该超市华东营 运部负责人管某在任职期间，多次向合作供应商索取巨额"借款"，其中已查实的涉案金额达700余万 元。 2025年7月，静安公安"蓝鲸"护企工作站走访企业过程中发现，辖区一大型连锁超市于近期接到大量匿 名投诉举报，矛头直指该超市华东营运部负责人管某。该线索聚焦于管某利用职权干预企业招投标项目 并从中牟取不正当利益，经与该超市相关部门核实，所涉金额数额巨大，情况属实，警方随即成立专案 组展开调查。 目前，犯罪嫌疑人管某因涉 ...

Core Viewpoint - The announcement from Sierte (002538.SZ) regarding the transfer of a case involving former executives and intermediary personnel to the local prosecutor's office has caused significant concern in the brokerage community [1][5]. Group 1: Case Details - The case involves ten suspects, including former chairman Jin Guoqing and former general manager Jin Zhenghui, with charges including embezzlement, bribery, fraud, and issuing false VAT invoices [5]. - Notably, Sun Bin, a representative from the securities service intermediary, is also implicated and may become the first sponsor representative to be sent for prosecution in 2025 [5]. - The investigation was triggered by internal audits revealing irregularities in the accounts of a subsidiary, leading to a report filed by the company in January 2024 after several executives resigned [5]. Group 2: Financing History - Since its listing in 2011, Sierte has conducted four refinancing activities from 2014 to 2019, all sponsored by Guoyuan Securities [5]. - Sun Bin was involved in two significant financing projects: a private placement raising 1.07 billion yuan in September 2015 and an 800 million yuan convertible bond issuance in 2019 [5]. Group 3: Market Reactions - Sun Bin has been withdrawing from multiple ongoing projects since June 2025, raising market speculation about his status prior to the confirmation of his involvement in the Sierte case [6].

Core Viewpoint - The announcement from Sierte (002538.SZ) regarding the transfer of a case involving former executives and intermediary personnel to the local prosecutor's office has caused significant concern in the brokerage community [1] Group 1: Case Details - The case involves ten suspects, including former chairman Jin Guoqing and former general manager Jin Zhenghui, with charges including embezzlement, bribery, fraud, and issuing false VAT invoices [4][5] - Sun Bin, a representative from Guoyuan Securities, is also implicated and may become the first sponsor representative to be sent for prosecution in 2025 [4][6] Group 2: Financial Background - Sierte has conducted four refinancing projects from 2014 to 2019, all sponsored by Guoyuan Securities, including a private placement raising 1.07 billion yuan in September 2015 and an 800 million yuan convertible bond issuance in 2019 [5] - The investigation was triggered by internal audits revealing irregularities in the accounts of a subsidiary, leading to a report filed by the company in January 2024 [5] Group 3: Implications for Securities Industry - Sun Bin has recently withdrawn from multiple ongoing projects, raising market speculation about his status prior to the case's escalation [6] - The case highlights potential risks associated with the oversight and accountability of securities service intermediaries in financing projects [5][6]

Core Points - The company, Sierte (002538.SZ), has received a notice from the Xuancheng Public Security Bureau regarding the transfer of a case involving former executives suspected of embezzlement and other crimes [1] - The case involves multiple individuals, including former directors and senior management, who are accused of misappropriating substantial company assets and engaging in fraudulent activities [1][2] Summary by Sections - **Criminal Allegations**: The allegations include embezzlement of large sums from the company and its wholly-owned subsidiary, as well as fabricating transactions to misappropriate funds and obtain government subsidies [1] - **Legal Proceedings**: The case has been transferred to the Xuancheng People's Procuratorate for prosecution, with specific individuals named in the allegations, including charges of bribery and fraud [1] - **Company's Position**: The company is identified as a victim in the embezzlement case, and even if found guilty of unit crime, it would only face fines, with criminal responsibility primarily directed at the responsible individuals [2]