[CSRC investigation Gong Hongjia] today, Hikvision shares opened 2.05% lower at 33.51 yuan, and Zhongyuan Xiehe and fuhanwei also opened lower.
On the evening of November 13, Hikvision announced that Hu Yangzhong and Gong Hongjia received the investigation notice from the CSRC on November 11, 2019. The investigation notice said that Hu Yangzhong and Gong Hongjia were filed for investigation on suspicion of illegal information disclosure. The company's directors Hu Yangzhong, Gong Hongjia and the company (if necessary) will actively cooperate with the CSRC's investigation. According to the progress of the investigation, the company will timely perform the obligation of information disclosure in strict accordance with the regulatory requirements.
In the evening of the same day, Zhongyuan Xiehe received Gong Hongjia's notice. Gong Hongjia received the investigation notice from the CSRC on November 11, 2019. The investigation notice said that Gong Hongjia was filed for investigation on suspicion of illegal information disclosure.
Fuhan micro announced that on November 13, 2019, the company received the notice from director Gong Hongjia, who received the investigation notice from the CSRC.
Hikvision responded that President Gong gave some incentives to employees because of the company's good performance, but did not disclose it to the market. Not for the company, but for the investigation of individual directors and specific results of the CSRC.
Compared with the announcement and explanation of Hikvision, Zhongyuan Xiehe and fuhanwei also explained the reasons for the filing of the case.
Zhongyuan Xiehe and fuhanwei both pointed out that the investigation is aimed at Gong Hongjia's personal investigation, which will not affect his normal performance of duties in the company, and the company's production and operation activities will not be affected. The event under investigation involves the equity incentive scheme designed and implemented by the parties for the core management of Hikvision, which has nothing to do with the company and other directors, supervisors and senior managers of the company.