한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina
in 2021, the shandong securities regulatory bureau issued a warning letter to huaying securities and its two insurance agents, accusing them of violations such as failure to perform due diligence and full verification procedures and false records. this warning letter reveals the regulatory authorities' attention and strict requirements on huaying securities.
longli bio's major asset restructuring has also attracted the attention of regulators. in 2020, the china securities regulatory commission issued a warning letter, pointing out that huaying securities did not strictly follow the project approval procedures in the initial public offering and listing (ipo) project of yantai north andeli juice co., ltd.
however, these events are contrary to the continued development of longli bio's restructuring project. although huaying securities was punished by the regulator, the relevant personnel still received huge bonuses, such as the more than 2 million yuan contract bonus received by ms. ge juanjuan, and the remaining part of the andeli ipo project bonus.
this phenomenon has triggered market reflection on the remuneration system and regulatory mechanism. the "guidelines for securities companies to establish a sound remuneration system" issued by the china securities association in 2022 clearly stipulates the remuneration recovery mechanism, requiring companies to establish a strict accountability mechanism to enhance the binding force of remuneration management. the "notice" issued by the ministry of finance in august 2022 also clearly stipulates relevant requirements.
recently, more and more securities firms have proposed to clarify the salary recovery mechanism and strictly implement it. many listed securities firms have mentioned this regulation in their financial reports, such as china merchants securities, dongxing securities, hongta securities, boc securities, citic securities, industrial securities, everbright securities, etc.
these events also reflect the balance between regulation and market in the development of the capital market, and how to establish a more transparent and fair mechanism.
