On August 21, the Securities Regulatory Commission disclosed feedback on SDIC Securities's application for stock options market-making business qualifications. Specifically, for the stock options market making business, the company authorizes decision management step by step according to the “board of directors - management - investment business committee - department under the investment business committee”, but the relevant business management system and implementation plan do not explain in detail the specific decision-making authority of each level, etc., and need to be added and improved; second, the company's stock options market making business establish a risk management organizational structure composed of a “board of directors and subordinate risk control committee - risk management department - risk management department - various risk management units” The specific meaning of the “Risk Management Unit” and the risk management responsibilities relating to the stock options market making business are explained; 3. According to the application materials, the general manager of the Financial Markets Department is mainly responsible for the overall management of the Investment Committee and related business and the allocation of major assets, and does not directly or indirectly participate in investment decisions for specific securities types. However, the company's “Stock Options Market Making Business Management Measures” stipulate that the market making plan should be executed with the consent of the head of the financial market department or its authorized person. The two seem to be in conflict. The Securities Regulatory Commission requires SDIC Securities to provide written responses and electronic documents to the questions within 30 working days. After receiving the company's response, it will decide whether to issue another feedback based on the circumstances.

On August 21, the Securities Regulatory Commission disclosed feedback on SDIC Securities's application for stock options market-making business qualifications. Specifically, for the stock options market making business, the company authorizes decision management step by step according to the “board of directors - management - investment business committee - department under the investment business committee”, but the relevant business management system and implementation plan do not explain in detail the specific decision-making authority of each level, etc., and need to be added and improved; second, the company's stock options market making business establish a risk management organizational structure composed of a “board of directors and subordinate risk control committee - risk management department - risk management department - various risk management units” The specific meaning of the “Risk Management Unit” and the risk management responsibilities relating to the stock options market making business are explained; 3. According to the application materials, the general manager of the Financial Markets Department is mainly responsible for the overall management of the Investment Committee and related business and the allocation of major assets, and does not directly or indirectly participate in investment decisions for specific securities types. However, the company's “Stock Options Market Making Business Management Measures” stipulate that the market making plan should be executed with the consent of the head of the financial market department or its authorized person. The two seem to be in conflict. The Securities Regulatory Commission requires SDIC Securities to provide written responses and electronic documents to the questions within 30 working days. After receiving the company's response, it will decide whether to issue another feedback based on the circumstances.