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a penalty decision from the china securities regulatory commission has brought wang xiaoan, the "super bull" who had been relatively low-key in the past, back into the public eye.

recently, the "china securities regulatory commission administrative punishment decision (fang shixiong, etc.)" (hereinafter referred to as the "decision") issued by the china securities regulatory commission shows that "fang shixiong" will open gf securities credit users, tianfeng securities ordinary accounts, tianfeng securities for securities credit users, hengli futures account and guohai liangshi futures account were lent to wang xiaoan for use.

regarding the above-mentioned behaviors, the china securities regulatory commission believes that wang xiaoan and fang tuxiong’s borrowing and lending of securities accounts violated the securities law and the futures and derivatives law. based on the facts, nature, circumstances and degree of social harm of the parties’ illegal acts, the china securities regulatory commission wang xiaoan and fang shixiong were given a warning and fined 500,000 yuan each for borrowing securities accounts; wang xiaoan and fang tuxiong were given a warning and fined 500,000 yuan each for borrowing futures accounts.

this is also another "niu san" who was punished by the china securities regulatory commission for borrowing securities accounts after zhang jianping.

wang xiaoan was a teacher. in the 1980s, he went to shanghai to found donghaichao industrial group. in the 1990s, he entered the financial market, from futures to a-shares, and dominated the capital jungle. with a net worth of tens of billions, he was called the wenzhou stock god and "super niu san" by the market. ".

super niu san was punished

wang xiaoan was fined this time because he borrowed other people's securities and futures accounts.

the "decision letter" stated that it was found that wang xiaoan and fang shixiong had lent or borrowed securities accounts to engage in transactions, and lent or borrowed futures accounts to engage in transactions.

from may 17, 2019 to march 27, 2023, fang shixiong opened a gf securities ordinary account, a gf securities credit user, a tianfeng securities ordinary account, and a tianfeng securities credit user. from march 1, 2020 to october 27, 2023, fang shixiong lent the above-mentioned securities account to wang xiaoan for use.

from june 23, 2021 to august 9, 2023, fang shixiong opened a hengli futures account and a guohai liangshi futures account. from august 1, 2022 to october 27, 2023, fang shixiong lent the above-mentioned futures account to wang xiaoan for use.

the china securities regulatory commission believes that wang xiaoan and fang shixiong’s borrowing and lending of securities accounts violated the provisions of article 58 of the securities law and constituted the circumstances described in article 195 of the securities law; wang xiaoan and fang shixiong the act of borrowing or lending futures accounts violates the provisions of article 18, paragraph 2, of the futures and derivatives law, and constitutes the circumstances described in article 128 of the futures and derivatives law.

in this regard, the china securities regulatory commission decided to order wang xiaoan and fang shixiong to make corrections, give them a warning, and impose a fine of 500,000 yuan each in accordance with the provisions of the securities law for wang xiaoan's borrowing and fang shixiong's behavior of lending securities accounts. regarding wang xiaoan's borrowing and fang shixiong's behavior of lending futures accounts, wang xiaoan and fang shixiong were ordered to make corrections, given a warning, and fined 500,000 yuan each in accordance with the provisions of the futures and derivatives law.

the "decision letter" stated that wang xiaoan and fang shixiong were ordered to make corrections, given a warning, and each was fined 1 million yuan.

times weekly reporters discovered that wang xiaoan is not the first "super bull" to be fined for borrowing a securities account this year.

previously, zhang jianping and his father-in-law received maximum fines from the china securities regulatory commission for lending or borrowing other people's securities accounts.

specifically, zhang jianping violated the provisions of article 58 of the securities law of the people's republic of china by borrowing fang deji's securities account for transactions, which constituted the act of borrowing other people's securities accounts. fang deji also violated relevant laws and regulations by lending his securities account to zhang jianping. therefore, both of them were fined a maximum of nt$500,000 by the china securities regulatory commission.

wang xiaoan, known as the "rhythm master"

there are hidden dragons and crouching tigers in a-shares, and "bullshit" emerges in endlessly. however, there are only a few that have always been at the forefront of the trend and have been dubbed "super awesome". zhang jianping, ge weidong, and wang xiaoan are among the best. among these "super cool people", wang xiaoan is quite low-key and quite legendary.

wang xiaoan was born in ruian, wenzhou in 1966. after graduation, he worked as a teacher in a rural middle school. in the late 1980s, he gave up his "iron rice bowl" and founded donghai chao industrial group in hangzhou, which is mainly engaged in securities and futures investment, capital operations and company equity investment. soon, he showed his talent for investing.

according to rumors in the capital market, there is a magical chain of contempt in the investment circle, which includes foreign exchange, futures, stocks, funds, financial management, and bank deposits in order. wang xiaoan chose to fight high from the beginning and directly entered the futures market.

according to securities market weekly, wang xiaoan was once rumored to have made a net profit of 2 billion by manipulating long positions in rubber futures. he was later investigated by the china securities regulatory commission and blacklisted. soon after, he made more than one billion from the wave of cotton prices and became the "best futures retail investor" in wenzhou at that time.

in the a-share market, wang xiaoan is also at home.

in the third quarter of 2010, wang xiaoan bought guangsheng nonferrous metals. from may 31, 2010 to october 18, 2010, the stock price of guangsheng nonferrous metals increased by more than 270%. this is also one of wang xiaoan's famous works in the a-share market. then, the deepest impression wang xiaoan left on the market was precision.

in 2019, wang xiaoan deployed chips, participated in medicine in 2020, invested in new energy in 2021, and bought ai in 2023. it can be said that every step was taken in the right market hot spots; wang xiaoan accurately captured the important opportunities in the market. therefore, wang xiao is also known by the outside world as the master, short-term master, and rhythm master who can best follow the market rhythm.

wang xiaoan's specific cases include: for example, in the third quarter of 2019, he bought shengbang shares and exited in the first quarter of 2020. during this period, the share price of shengbang shares rose by about 220%. in the second quarter of 2020, wang xiaoan bought bairen medical and sold it in the first quarter of 2021. during this period, bairen medical's stock price rose by about 90%.

with a generous return on investment, wang xiaoan is also known as the wenzhou stock god and super bull by the market. now super niu san is fined for borrowing his account and is back in the public eye.

wang mingming, a lawyer at beijing zhuohao law firm, told a reporter from times weekly that according to the interpretations of the supreme people's court and the supreme people's procuratorate on several issues concerning the application of laws in handling criminal cases of manipulation of securities and futures markets, if the lending account is used to manipulate the market, etc. for illegal activities, the lender shall bear corresponding legal liability or even criminal liability. regulatory authorities have the right to take measures to restrict transactions on illegal accounts, suspend or terminate their trading rights; the lender's violations will be recorded in the personal credit file, affecting future financial activities; if the lending account is used to manipulate the market, insider information if the transaction results in losses for other investors, the lender may be jointly liable with the actual operator, and may even be suspected of being an accomplice in the crime of market manipulation.

wang mingming said that lending personal securities accounts involves high legal risks, and it is recommended that investors strictly abide by relevant laws and regulations and not lend personal securities accounts to others.