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Cailianshe reported on August 17 that the China Securities Regulatory Commission issued a fine for Zhang Jianping last night. The fine stated that Zhang Jianping violated regulations by borrowing other people's securities accounts, which constituted the act of borrowing other people's securities accounts as stipulated in Article 195 of the Securities Law. The person who lent the securities account was Zhang Jianping's father-in-law Fang Deji. Both of them were fined the maximum amount of 500,000 yuan by the China Securities Regulatory Commission.

The picture shows the entrance of the CSRC building. The picture comes from the Internet

It was found that Zhang Jianping and Fang Deji committed the following illegal acts: On July 15, 2014, Fang Deji opened a Guotai Junan Securities ordinary account at a Guotai Junan Securities branch. On the same day, Fang Deji opened a Guotai Junan Securities credit account at a Guotai Junan Securities branch. From March 1, 2020 to October 27, 2023, Fang Deji lent the above securities account to Zhang Jianping for use. Zhang Jianping used the above securities account to engage in securities trading.

Xiaocai Note: Zhang Jianping entered the market with 50,000 yuan as early as the 1990s, and once created the myth of "his net worth increased 150 times in 5 years". According to Private Equity Ranking Network, as of April 30, 2024, Zhang Jianping's family appeared on the shareholder list of 3 companies, with a total market value of 3.829 billion yuan. Among them, 2 new automobile companies were added; the family jointly held an agricultural, forestry, animal husbandry and fishery company, and the shareholding remained unchanged.