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Talk about "Nighthawk" | people in the city. Where are your emotions stored?
Edward Hopper’s nighthawks is one of the most famous works in American Art in the 20th century, and it is also one of the scenes most imitated by film and television works. It is said that the painting was inspired by a small restaurant on Greenwich Avenue in New York City. Hope completely simplified the pattern of the painting to highlight the suffocating atmosphere of loneliness and isolation. The street outside the restaurant was empty and there was not even a trace of waste on the road to...
Can technology turn things around for New York Fashion week?
As early as before the epidemic, the continuous organizational problems such as “big brand running away” and the constant storm of cultural public opinion have always made New York Fashion Week face many doubts such as the shrinkage of scale and value. Under the influence of the epidemic in the past two years, the physical show and the fashion industry have suffered a severe impact. For New York Fashion Week, after a series of model and organizational innovation measures, it is still urgent t...
The terrible two-year-old should understand and discipline
Dr. Zhang Silai This is the most effective way to discipline a two-year-old child A few months old babies don’t have a clear sense of self. They often chew on their little feet because they don’t know it’s part of their body. After the age of 1, children’s self-consciousness gradually becomes clear, and they begin to realize the difference between “I” and others. As parents become more and more aware of their “initial desire to explore” and their “self-development”, they will become more and ...
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According to the news from Red Star capital Bureau on April 15, today, the CSRC announced the administrative reconsideration decision against Jia Yueting and maintained the administrative punishment decision and market entry ban decision made against the applicant Jia Yueting. The decision was issued on August 20, 2021.
Previously, the CSRC fined Jia Yueting 900000 yuan for financial fraud of LETV for ten consecutive years from 2007 to 2016; Jia Yueting was fined 240.3 million yuan for the fraudulent issuance of LETV’s non-public offering in 2016; Jia Yueting was banned from entering the securities market for life.
Jia Yueting map according to visual China
Jia Yueting made a reconsideration request to revoke the decision on administrative punishment and the decision on banning market entry. The main reasons are as follows:
In this case, the illegal act of information disclosure that has passed the time limit for punishment is punished. The application basis is wrong and should be revoked according to law.
This case finds that LETV’s disclosure of loan commitments has false records and major omissions. This determination is an error in determining the facts and the basis for application, and should be revoked according to law.
This case finds that Jia Yueting, as the actual controller, ordered LETV to engage in illegal information disclosure and fraudulent issuance. The determination belongs to the wrong determination of facts and application basis, and should be revoked.
Comprehensively considering LETV’s historical contribution, the efforts made by the core team to solve the existing problems and the sincerity shown, we request not to transfer the case to the criminal court, give the applicant the opportunity, and strive to reduce the losses caused to the majority of investors.
The reconsideration decision pointed out that the CSRC believes that from the evidence on the record, in addition to Jia Yueting’s failure to fulfill his duty of diligence as the chairman of LETV, he also directly instructed relevant personnel to implement financial fraud and withdraw loans from LETV as the actual controller, resulting in illegal information disclosure and fraudulent issuance of listed companies, and there is a factual and legal basis for punishing Jia Yueting’s instigation as the actual controller. Based on the above facts, the decision of administrative punishment and market entry prohibition is made for the applicant in this case. The application of the law is correct and the punishment range is appropriate. According to item (1) of paragraph 1 of Article 28 of the administrative reconsideration law, the administrative punishment decision and market entry prohibition decision made by the decision on administrative punishment ([2021] No. 16) and the decision on market entry Prohibition ([2021] No. 7) on the applicant shall be maintained.
The full text is as follows:
According to the news from Red Star capital Bureau on April 15, today, the CSRC announced the administrative reconsideration decision against Jia Yueting and maintained the administrative punishment decision and market entry ban decision made against the applicant Jia Yueting. The decision was issued on August 20, 2021.
Previously, the CSRC fined Jia Yueting 900000 yuan for financial fraud of LETV for ten consecutive years from 2007 to 2016; Jia Yueting was fined 240.3 million yuan for the fraudulent issuance of LETV’s non-public offering in 2016; Jia Yueting was banned from entering the securities market for life.
Jia Yueting map according to visual China
Jia Yueting made a reconsideration request to revoke the decision on administrative punishment and the decision on banning market entry. The main reasons are as follows:
In this case, the illegal act of information disclosure that has passed the time limit for punishment is punished. The application basis is wrong and should be revoked according to law.
This case finds that LETV’s disclosure of loan commitments has false records and major omissions. This determination is an error in determining the facts and the basis for application, and should be revoked according to law.
This case finds that Jia Yueting, as the actual controller, ordered LETV to engage in illegal information disclosure and fraudulent issuance. The determination belongs to the wrong determination of facts and application basis, and should be revoked.
Comprehensively considering LETV’s historical contribution, the efforts made by the core team to solve the existing problems and the sincerity shown, we request not to transfer the case to the criminal court, give the applicant the opportunity, and strive to reduce the losses caused to the majority of investors.
The reconsideration decision pointed out that the CSRC believes that from the evidence on the record, in addition to Jia Yueting’s failure to fulfill his duty of diligence as the chairman of LETV, he also directly instructed relevant personnel to implement financial fraud and withdraw loans from LETV as the actual controller, resulting in illegal information disclosure and fraudulent issuance of listed companies, and there is a factual and legal basis for punishing Jia Yueting’s instigation as the actual controller. Based on the above facts, the decision of administrative punishment and market entry prohibition is made for the applicant in this case. The application of the law is correct and the punishment range is appropriate. According to item (1) of paragraph 1 of Article 28 of the administrative reconsideration law, the administrative punishment decision and market entry prohibition decision made by the decision on administrative punishment ([2021] No. 16) and the decision on market entry Prohibition ([2021] No. 7) on the applicant shall be maintained.
The full text is as follows:
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