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Ma Xingtian, the former chairman of Kangmei Pharmaceutical, was sentenced to 12 years in prison in the first instance

 Last Update: 2021-12-07
 Source: Internet
 Author: User

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According to Xinhua News Agency, on November 17, the Intermediate People's Court of Foshan City, Guangdong Province publicly pronounced on the case of 12 people including the former chairman and general manager of Kangmei Pharmaceutical, including Ma Xingtian, for manipulating the securities market

In recent days, after being ordered to pay huge sums of compensation in a civil tort securities class action case involving false statements such as annual reports, Kangmei Pharmaceutical's former chairman Ma Xingtian and others have been held criminally responsible for crimes such as manipulating the securities market and disclosing illegally and not disclosing important information

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