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Jinsui Spring manipulated related stocks and was fined a total of 106 million yuan.
Jin10 reported on June 6 that the CSRC disclosed an administrative penalty decision. Jin Suichun, through multiple accounts controlled by others, utilized shareholding advantages and funding advantages to influence the prices of relevant stocks by means of continuous trading and trading between accounts under his actual control. The CSRC decided to impose a total slashing of 106 million yuan and implemented a 5-year ban from the securities market.