Jiangsu Sunshine (600220): A-Share "Woolen Textile Giant" Lu Keping Was Filed

Due to the suspected manipulation of the securities market, Lu Keping, the A-share "wool textile giant", was filed by the CSRC.

On the evening of October 9, Jiangsu Sunshine (600220) disclosed that the company received a notice from Lu Keping, the indirect controlling shareholder, and Lu Keping received the Notice of Filing the Case issued by the CSRC on the same day. In accordance with the Securities Law of the People's Republic of China, the Administrative Punishment Law of the People's Republic of China and other laws and regulations, The CSRC decided to file a case against him.

It is understood that Lu Keping was born in November 1944 and made his fortune in the wool textile industry. In 1993, he founded Jiangsu Sunshine Group, which is known as the "giant of wool textile" in the market. Jiangsu Sunshine belongs to the wool textile industry in the textile industry. After the 1990s, Lu Keping extended his tentacles to the capital market. In addition to Jiangsu Sunshine, Lu Keping is also the controller of Sihuan Biology and Hairun PV. However, Hairun PV was delisted in 2019, and since then Lu Keping's A-share capital territory has lost a corner.

In June of this year, Jiangsu Sunshine disclosed the Prompting Announcement on the Change of the Actual Controller, the Simple Equity Change Report, the Detailed Equity Change Report, etc. Lu Keping and Lu Yu are father and son. Due to internal family arrangements, on June 2, 2023, Lu Keping and Lu Yu signed the Equity Transfer Agreement, Lu Yu has received 66.7925% of the indirect controlling shareholder's equity of the listed company held by Lu Keping and all the corresponding equity. At present, the equity transfer procedures are in process and have not been completed.

It is worth mentioning that, after more than 20 years of galloping in the capital market, Lu Keping ignored the rules of the capital market, crazy increased his holdings of listed companies through close relatives, and obtained the control of Sihuan Biological for many years without telling. Because of this matter, Lu Keping also received a ticket from the CSRC in 2019, and he has been banned from the lifelong securities market.

On the secondary market, as of the closing of October 9, Jiangsu Sunshine's share price was 2.23 yuan/share, with a total market value of 3.977 billion yuan.