Concealed hundreds of millions of executives huge security * ST fined 400,000 Kejian.

<P> * ST Kejian (000035.SZ) today announced that due to concealment of external security matters, the Commission received "prior informed written administrative punishment", a number of executives and former executives were sentenced to a total of 40 million fine. .While the actual controller called Bamboo replaced by Cao Zhong Jian. .</ P> <P> According to the SFC to investigate, * ST Kejian signed in 2004 has secured 25 major contracts, involving a total of 990 million yuan guaranteed contract amount. .Of which 18 were single contract worth more than * ST Kejian unaudited net assets last year to 10%. .697 million yuan in the security guarantee is to provide security for the related party. .The guarantee contract, * ST Kejian no obligation to timely implementation of the provisional announcement. .In addition, * ST Kejian semi-annual report in 2004, the disclosure of the withheld foreign guarantee contract has not expired 34, involving contracts worth a total of 1.411 billion yuan. .Of these, 21 contracts are to provide security for the related parties involved in contracts worth a total of 850 million yuan. .</ P> <P> the Commission decides on a fine of 40 million * ST Kejian, former chairman of the main persons responsible for Hou Ziqiang, the former president Hao Jianxue were given a warning and impose a fine of 10 million. .Other persons directly responsible for the original director and vice president Caochuan De, former Vice President and Chief Financial Officer He Xiaoyong were given a warning and impose a fine of 5 million. .Tao Pure directors Benedict also given a warning. .</ P> <P> * ST Kejian also announced that the company who actually control the occurrence of transformation. .Heng Long Industrial Co., Ltd. Nanjing, the former shareholders will be held by Cao Bamboo 51% of the company's shares to natural Zhong Jian, has completed the change of business registration. .Nanjing, Nanjing, vertical and long constant is the largest shareholder. .Combined vertical and held in Nanjing * ST Kejian Kejian Group, the largest shareholder of 99% shares. .Jian Zhong * ST Kejian has become the actual control of the new people. .* ST Kejian to close at 1.95 yuan yesterday. .</ P>.