[Beijing: The actual controller was fined 11.8419 million yuan for manipulating the securities market] On November 4th, Beijing (688793.SH) announced that the company's controlling shareholder and actual controller Ma Xuejun received the "Administrative Punishment Decision" from the China Securities Regulatory Commission. Because of his suspicion of manipulating the securities market, the China Securities Regulatory Commission decided to confiscate illegal gains of 10.1183 million yuan and impose a fine of 30.3548 million yuan, for a total penalty of 40.4731 million yuan. Among them, Ma Xuejun personally bears a fine of 11.8419 million yuan. At the same time, Ma Xuejun was banned from entering the securities market for five years and prohibited from trading in the securities market for five years. It was announced on the same day that the company's chairman and general manager Ma Xuejun resigned from all positions of director, chairman and general manager due to personal reasons and will no longer hold any position in the company after his resignation. The board of directors recommended director Liu Zhihua to act as chairman, general manager and relevant committee members.