CICC and Haitong Securities were warned!Huahuachen Bond

Zhongxin Jingwei, August 11th. According to the website of the Liaoning Securities Regulatory Bureau, on the 11th, Haitong Securities and CICC were issued a warning letter by the Liaoning Securities Regulatory Bureau for failing to fulfill their diligence and obligations.

In the decision to adopt a warning letter supervision measures for China International Financial Co., Ltd. [2022] No. 15, Liaoning Securities Regulatory Bureau pointed out that CICC applies for the led ownership of the 2019 corporate bonds as a Huachen Automobile Group Holdings Co., Ltd. The main underwriter of the first phase of the bonds (bonds for short) of the 2019 bonds (bonds for short), there are some matters involving some matters involved in the underwriting business.

The above behavior violates the provisions of Article 7 of the "Measures for the Issuance and Transaction Management of Company Bonds" (CSRC Order No. 113). According to Article 58 of the "Administrative Measures for the Issuance and Transaction of Company Bonds", the Liaoning Securities Regulatory Bureau decided to take administrative supervision measures with a warning letter to CICC.

At the same time, in the decision to adopt a warning letter of Zhang Ye [2022] No. 16, the Liaoning Securities Regulatory Bureau stated that Zhang Ye was responsible for the above -mentioned bond project leader and was responsible for the above -mentioned violations. According to Article 58 of the "Administrative Measures for the Issuance and Transaction of Company Bonds", the Liaoning Securities Regulatory Bureau decided to take administrative supervision measures with a warning letter.

In the decision to adopt a warning letter supervision measures for Haitong Securities Co., Ltd. [2022] No. 17, Liaoning Securities Regulatory Bureau also pointed out that Haitong Securities applied for the joint owner of the company's company bonds as a joint issuance of company bonds as a Huachen Automobile Group Holdings Co., Ltd. And the main underwriter of the 2020 corporate bonds (bonds for short Huaji 01) in 2020, there are some matters involving some matters involved in the underwriting business.

Photo source: Liaoning Securities Regulatory Bureau website

The above behavior violates the provisions of Article 7 of the "Measures for the Issuance and Transaction Management of Company Bonds" (CSRC Order No. 113). According to Article 58 of the "Administrative Measures for the Issuance and Transaction of Company Bonds", the Liaoning Securities Regulatory Bureau decided to take administrative supervision measures with a warning letter to Haitong Securities.

At the same time, the Liaoning Securities Regulatory Bureau also announced the decision to adopt a warning letter to Yang Ruobing [2022] No. 18. The decision pointed out that Yang Ruobing was responsible for the above -mentioned illegal act as the person in charge of the bond project. According to Article 58 of the "Administrative Measures for the Issuance and Transaction of Company Bonds", the Liaoning Securities Regulatory Bureau decided to take administrative supervision measures with a warning letter.

In addition, Zhongxin Jingwei noticed that among the 20 typical illegal cases announced by the Securities and Supervision and Inspection of the CSRC in April, they have also disclosed that "Haitong Securities has not diligent in responsibility".

The CSRC pointed out that the case was a typical case of a financial adviser that did not effectively fulfill the obligation of continuous supervision. Haitong Securities Co., Ltd. (referred to as Haitong Securities) In 2017, Oreid Optoelectronics Co., Ltd. continued to supervise the work, it did not maintain full attention to the issue of foreign guarantees and private lending, and did not fully verify and verify related matters. There are false records issued.

According to the official website information, China International Finance Co., Ltd. is China's first Sino -foreign joint venture investment bank. Since its establishment in 1995, CICC has been engaged in financial value -added services, and has established business structures based on research and information technology, investment banks, stock business, fixed income, asset management, private equity and wealth management. Haitong Securities Co., Ltd. was established in 1988 with a registered capital of 13.0642 billion yuan. (Zhongxin Jingwei APP)

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