The Securities Regulatory Commission ordered corrective measures against China Galaxy Securities Co., Ltd. After investigation, I found that your company was not diligent and conscientious in some projects; did not identify individual project bond issuance results; individual project bond issuance results did not disclose Galaxy Securities subscription bonds; individual employees evaded tax payments by receiving year-end bonuses on behalf of others; insufficient execution of deferred salary payments; poor quality control and internal inspection; poor management of subsidiaries; inadequate disclosure of information on subsidiaries; and inadequate disclosure of information on third-party intermediaries employed in some projects, etc.

The Securities Regulatory Commission ordered corrective measures against China Galaxy Securities Co., Ltd. After investigation, I found that your company was not diligent and conscientious in some projects; did not identify individual project bond issuance results; individual project bond issuance results did not disclose Galaxy Securities subscription bonds; individual employees evaded tax payments by receiving year-end bonuses on behalf of others; insufficient execution of deferred salary payments; poor quality control and internal inspection; poor management of subsidiaries; inadequate disclosure of information on subsidiaries; and inadequate disclosure of information on third-party intermediaries employed in some projects, etc.