According to the CSRC, ST Qiu Hui's wonderful motion incident is a farce, challenging the supervisory authorities and the authority of the Party and government. St. Qiu Hui regards major political issues as a gimmick, which is of a bad nature. The Party Committee of the CSRC attached great importance to this matter and immediately launched an investigation to maintain market order and protect the legitimate rights and interests of investors. At present, administrative and self-regulatory measures have been taken against the company and related parties, and the company has been investigated, and some of them have made substantial progress.
In addition, the CSRC also indicated that it will closely cooperate with relevant departments to thoroughly investigate the illegal acts of ST Qiu Hui and other relevant personnel of listed companies. This case will be investigated to the end, leaving no dead ends, and relevant illegal acts will be dealt with in hell to pay, and will not be tolerated, so as to set an example for others.