Recently, the China Securities Investor Services Center revealed the "Insider Trading Case of Changan Automobile Involving Individuals Surnamed Han and Others," shedding light on the specifics of an insider trading incident that coincided with a strategic partnership between Changan Automobile and a renowned technology firm. On November 26, 2023, Changan Automobile publicly announced the signing of an "Investment Memorandum" with the technology company, outlining plans for strategic collaboration in the realm of intelligent vehicle business. Prior to this announcement, there were suspicions of insider information leakage, which resulted in irregular fluctuations in Changan Automobile's stock price.

After a thorough investigation, regulatory authorities discovered that several employees from both entities engaged in the cooperation, including individuals surnamed Han, Peng, Jie, Wei, and Wang, had utilized insider information to purchase substantial quantities of Changan Automobile shares before the information was disclosed to the public. The total purchase amount reached 61 million yuan, with profits exceeding 4 million yuan. The China Securities Regulatory Commission concluded that their actions constituted insider trading and decided to confiscate the illicit gains and levy a fine of 16.69 million yuan. Additionally, relevant suspected criminal leads have been handed over to the public security authorities for further investigation.