The Securities Regulatory Commission issued a warning letter against Shenwan Hongyuan Securities Underwriting and Sponsorship Co., Ltd., Wei Zhongwei, and Qin Dan. After investigation, the CSRC discovered that during the process of sponsoring the initial public offering of shares of Tibet National Policy and Environmental Protection Co., Ltd., project leader Wei Zhongwei and sponsor representative Qin Dan committed acts in violation of the sponsorship agreement signed between the company and Tibet National Policy without the company's consent. The above irregularities by project team members reflect Shenwan Hongyuan Securities Underwriting and Sponsorship Co., Ltd.'s failure to strictly regulate the practitioners' practices and urge them to be diligent and responsible.

The Securities Regulatory Commission issued a warning letter against Shenwan Hongyuan Securities Underwriting and Sponsorship Co., Ltd., Wei Zhongwei, and Qin Dan. After investigation, the CSRC discovered that during the process of sponsoring the initial public offering of shares of Tibet National Policy and Environmental Protection Co., Ltd., project leader Wei Zhongwei and sponsor representative Qin Dan committed acts in violation of the sponsorship agreement signed between the company and Tibet National Policy without the company's consent. The above irregularities by project team members reflect Shenwan Hongyuan Securities Underwriting and Sponsorship Co., Ltd.'s failure to strictly regulate the practitioners' practices and urge them to be diligent and responsible.