Were they not stood in the Huai’an Intermediate People’s Court, no one would have ever suspected that these seven ordinary-looking people were in fact financial predators who had manipulated the securities market, making hundreds of millions.
如果不是站在淮安市中级人民法院，谁也不会怀疑这七个看似普通的人其实是操纵证券市场，赚了上亿的金融大鳄。
On 11 and 12 July, the largest shareholder of Wuhan Jinyun Laser Co., Ltd., a man surnamed Liang, was tried by the Huai’an City Procuratorate in Jiangsu Province.
7月11日至12日，武汉金运激光股份有限公司第一大股东梁姓男子被江苏省淮安市检察院提审。
Among the others were the legal representative of an investment-management company, the fund manager and account director of a fund-management firm, and the vice president of a communication-technology company.
其中包括一家投资管理公司的法定代表人、一家基金管理公司的基金经理和账户总监以及一家通信技术公司的副总裁。
During the trial, the procuratorate alleged that in March, 2019, the defendant, Liang, faced financial difficulties due to a drop in the Jinyun Laser stock price.
庭审中，检察院指控称，2019年3月，被告人梁某因金云激光股价下跌，造成经济困难。
Liang provided that termed a “bottom warehouse”, conspiring to share the profits of stock manipulation executed by the other defendants.
梁提供了所谓的“底仓”，合谋分享其他被告操纵股票的利润。
It was found that Liang had reduced his holdings in Jinyun Laser by some 7,610,964 shares during the manipulation period. After deducting taxes and fees, the firm’s actual profit became ¥115,026,345.43.
经查明，梁某在操纵期间减持金云激光股份约7,610,964股。扣除税费后，公司实际利润为115,026,345.43元。
On 27 August of last year, the Hubei Supervision Bureau of the China Securities Regulatory Commission came to Jinyun Laser Company for an on-site inspection. In order to evade supervision and investigation, the defendants took to mobile phones, computer hard drives and WeChat messages, in attempts to delete evidence.
去年8月27日，证监会湖北监管局来到缙云激光公司进行现场检查。为逃避监管和调查，被告人利用手机、电脑硬盘、微信等手段企图删除证据。
But it was still to be no good. On 16 February, 2023, Jinyun Laser announced that Liang had been arrested by the Huai’an Public Security Bureau the previous day.
但还是不行。 2023年2月16日，金云激光发布公告称，梁某已于前一天被淮安市公安局抓获。
After the incident, the bank and securities accounts of some involved were frozen as the law allows, with some choosing to voluntarily return their illegal income. Among the defendants, it was found that Liang had achieved ¥52 million in ill-gotten gains and the vice president of the communication technology company some ¥180 million.
事件发生后，部分涉案人员的银行账户和证券账户被依法冻结，部分涉案人员选择自愿退还违法所得。被告人中，梁某非法所得5200万元，通信技术公司副总裁非法所得1.8亿元。
Back in court, Liang, together with the other defendants and their counsels, cross-examined the evidence, while the prosecution and defence fully expressed their opinions under the auspices of the court. When it was all done, Liang and the others pleaded guilty, as the Yangtze Evening News reports.
回到法庭后，梁某与其他被告人及其辩护人对证据进行质证，控辩双方在法庭主持下充分发表了意见。据《扬子晚报》报道，一切完成后，梁某等人认罪。
Supervised by the Ministry of Public Security due to the huge nature of the case, after 2 days of public hearings, the court announced an adjournment for a sentencing date.
由于案情重大，由公安部督办，法院经过两天公开审理后，宣布休庭宣判。
Wuhan Jinyun Laser is a high-tech enterprise dedicated to providing global users with small-to-medium-power laser-processing solutions. Its scope of business is R&D, manufacturing and the sale of laser-processing equipment. On 25 May, 2011, the firm was listed on the Shenzhen Stock Exchange (code SZ.300220).
武汉金云激光是一家致力于为全球用户提供中小功率激光加工解决方案的高新技术企业。其业务范围为激光加工设备的研发、制造和销售。 2011年5月25日，公司在深圳证券交易所挂牌上市（代码SZ.300220）。
