Proceedings

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IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED

- AND -

IN THE MATTER OF
ZUNGUI HAIXI CORPORATION, YANDA CAI and FENGYI CAI

ORDER
(Section 127 of the Securities Act)



    WHEREAS on November 7, 2011, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing (the “Notice of Hearing”) pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) and a related Statement of Allegations (the “Statement of Allegations”) with respect to Zungui Haixi Corporation (“Zungui”), Yanda Cai and Fengyi Cai (collectively, the “Respondents”);

    AND WHEREAS the Notice of Hearing stated that a hearing would be held at the Offices of the Commission on November 23, 2011 at 11:00 a.m.;

    AND WHEREAS on November 23, 2011, Staff of the Commission (“Staff”) attended before the Commission and no one appeared on behalf of the Respondents;

    AND WHEREAS the Commission was satisfied that the Respondents were served with the Notice of Hearing and Statement of Allegations and had received reasonable notice of the hearing;

    AND WHEREAS Staff requested that a further appearance be scheduled for November 30, 2011;

    AND WHEREAS Staff requested, pursuant to Rule 1.4 of the Commission’s Rules of Procedure (2010), 33 O.S.C.B. 8017 (the “Rules”), that the Commission waive or vary certain requirements contained in Rule 4 of the Rules;

    AND WHEREAS Staff requested that, in the particular circumstances of this case, Staff be permitted to make available for inspection by the Respondents at the Offices of the Commission all documents or things in Staff’s possession or control relevant to the allegations set out in the Statement of Allegations by 5:00 p.m. on Wednesday, November 30, 2011;

    AND WHEREAS Staff further requested that, in the particular circumstances of this case, Staff be permitted to make available for inspection by the Respondents at the Offices of the Commission all documents or things that Staff intends to produce or enter as evidence at the hearing on the merits by 5:00 p.m. on Wednesday, November 30, 2011;

    IT IS ORDERED that Staff is permitted to make available for inspection by the Respondents at the Offices of the Commission all documents or things in Staff’s possession or control relevant to the allegations set out in the Statement of Allegations by 5:00 p.m. on Wednesday, November 30, 2011;

    IT IS FURTHER ORDERED that Staff is permitted to make available for inspection by the Respondents at the Offices of the Commission all documents or things that Staff intends to produce or enter as evidence at the hearing on the merits by 5:00 p.m. on Wednesday, November 30, 2011;

    IT IS FURTHER ORDERED that, pursuant to its ongoing disclosure obligations, Staff shall make available for inspection by the Respondents as soon as is reasonably practicable all relevant documents or things that may come into Staff’s possession or control following the making of this order; and

    IT IS FURTHER ORDERED that the hearing is adjourned to November 30, 2011 at 10:00 a.m.

    Dated at Toronto this 23rd day of November, 2011.

 

" Christopher Portner "
Christopher Portner