The final verdict of the case of Liang Wei, the actual controller of Jinyun Laser, manipulating the securities market: sentenced to three years and nine months in prison and fined 12 million yuan

Liang Wei, the actual controller of Jinyun Laser, was sentenced to three years and nine months in prison and fined 12 million yuan for manipulating the securities market, and his illegal gains were recovered. They colluded with others to manipulate stock prices and seriously disrupted market order in order to alleviate financial difficulties. The case highlights the unbreakable bottom line of the rule of law in the capital market, and enterprises must strengthen their compliance awareness. At present, Jinyun Laser is operating normally, demonstrating its ability to self purify the market.