When the ground irregularities 4 executives were publicly condemned the Shenzhen Stock Exchange

Shenzhen daily news, the Shenzhen Stock Exchange today announced that the Dongguan KingSun Au Optronics Co relevant parties to give publicly condemned the action, credited to the integrity of the files listed companies, and to the public.

Identified by the Shenzhen Stock Exchange, KingSun relevant parties has the following violations: the year 2013, the company's controlling shareholder Dongguan KingSun Group Company Limited (hereinafter referred to as "Qinshang group") non operating funds occupy the KingSun daily maximum balance of 39 million 500 thousand yuan, the largest single amount of 44 million 568 thousand and 500 yuan, as of December 31, 2013, KingSun group returned the money. From January 2014 to July, KingSun group of non operating funds occupy the KingSun daily maximum balance of 38 million 785 thousand and 100 yuan, the largest single amount of 41 million 250 thousand yuan, as of December 19, 2014, KingSun group returned all the occupied capital. Until April 29, 2015, the company disclosed the above matters.

The Shenzhen Stock Exchange said that the company's controlling shareholder KingSun group "in violation of the Shenzhen Stock Exchange Stock Listing Rules (2012 Amendment)" and "the relevant provisions of the SME board listed companies standardize operational guidelines", as well as the commitment made in "controlling shareholders and actual controllers of the declaration and undertaking" in the Shenzhen Stock Exchange publicly condemned the decision to give to dispose of the company's controlling shareholder KingSun group; Li Xuliang on the actual control of the company, chairman and general manager, the actual controller and when he was director of Wen Qi publicly condemned the punishment given to the company; when he was deputy general manager and chief financial officer Mao Xiaobin, chief financial officer Hu Xuangen publicly condemned the action.

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