According to the criminal facts, nature, plot and social harm of the two defendants, our court, after deliberation by the collegial panel, sentenced the defendants Wang Zhenhua and Zhou Yanfen in court on June 17, 2007, and sentenced the defendants Wang Zhenhua and Zhou Yanfen to five years' imprisonment for child molestation respectively.
According to Article 236 of the Criminal Law, whoever rapes a woman by violence, coercion or other means shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years. Whoever rapes a girl under the age of 14 shall be punished as rape and given a heavier punishment. Whoever rapes a woman or a young girl and causes serious consequences shall be sentenced to fixed-term imprisonment of not less than 10 years, life imprisonment or death.
Affected by this, Xincheng, which is still trading in Hong Kong stocks, plunged sharply at the end of today, with a partial drop of 23.86%, and the market value of nearly HK$ 20 billion evaporated. The next day, Xincheng Holdings, which was traded in Shanghai, opened a daily limit without any suspense. After three daily limit, the company's share price fell to 22.99 yuan, close to the closing price of 43.65 yuan on July 3. ?
At the same time, the bonds issued by Xincheng Holdings also fell sharply. Among them, 15 Xincheng 0 1 decreased by nearly 8.46%, and 18 new control 05 decreased by over 8.65%.
After Wang Zhenhua's son Wang Xiaosong took over as the company's chairman, Xincheng Holdings launched a series of self-help actions, including measures to quickly cut off relations with Wang Zhenhua and appease employees. In addition, due to the impact of this incident on corporate bonds, Xincheng Holdings began to suspend land acquisition to avoid further problems in corporate debt.
After a series of self-help measures, the operation of Xincheng Holdings has been basically stable. According to the third quarterly report of 20 19, Xincheng Holdings achieved operating income of124.96 million yuan in the third quarter of last year, up 38.29% year-on-year, and its net profit was165438+39 million yuan, up 95.55% year-on-year.