In response to the problems discovered in the inspection, I will adhere to the principles of “penetrating supervision, full chain accountability” and “double punishment” for institutions and personnel, seize the “key minority” such as company executives, and classify measures according to law. Open Source Securities and Zhongyuan Securities have taken administrative supervision measures to suspend corporate bond underwriting business for 6 months, with many irregularities and serious circumstances, requiring the company to comprehensively rectify and effectively learn the lessons; 11 companies separately adopt administrative supervision measures such as regulatory talks, order corrections, and issue warning letters depending on the severity of the circumstances, requiring targeted resolution of due diligence and internal control shortcomings.

In response to the problems discovered in the inspection, I will adhere to the principles of “penetrating supervision, full chain accountability” and “double punishment” for institutions and personnel, seize the “key minority” such as company executives, and classify measures according to law. Open Source Securities and Zhongyuan Securities have taken administrative supervision measures to suspend corporate bond underwriting business for 6 months, with many irregularities and serious circumstances, requiring the company to comprehensively rectify and effectively learn the lessons; 11 companies separately adopt administrative supervision measures such as regulatory talks, order corrections, and issue warning letters depending on the severity of the circumstances, requiring targeted resolution of due diligence and internal control shortcomings.