---
title: "Hongta Securities: The restriction on consumption orders against the company and its legal representative Shen Chunhui has been revoked"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256315564.md"
description: "Hongta Securities announced that the restriction on consumption orders against the company and its legal representative Shen Chunhui has been lifted. Previously, due to arbitration with Shanghai Tongxiao Investment Development Center, Hongta Securities was listed as the person subject to enforcement and was subjected to consumption restrictions. According to the arbitration results, Hongta Securities is not responsible for the relevant payment obligations. The company's operations and Shen Chunhui's work and travel are now normal"
datetime: "2025-09-08T05:01:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256315564.md)
  - [en](https://longbridge.com/en/news/256315564.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256315564.md)
---

# Hongta Securities: The restriction on consumption orders against the company and its legal representative Shen Chunhui has been revoked

According to the announcement from Hongta Securities (601236.SH), the company has noted media reports titled "This Listed Securities Firm and Its President Have Been Restricted!" and related articles. According to these reports, the company is listed as the party being executed in the execution case (2025) Jing 74 Zhi 1145 filed by the Beijing Financial Court on July 1 of this year, and both the company and its legal representative have been subjected to consumption restrictions.

The matters reported by the media are related to an arbitration between the company and Shanghai Tongxiao Investment Development Center (Limited Partnership) (referred to as "Tongxiao Investment"). According to the arbitration results, the payment obligation confirmed in the ruling that serves as the basis for this case is attributed to the Hongta Securities Hongxin No. 2 Single Asset Management Plan ("Hongxin No. 2") rather than Hongta Securities itself. Hongta Securities, as an independent legal entity, has no payment obligations to the Tongxiao Changce No. 1 Private Securities Investment Fund ("Tongxiao No. 1"). Currently, the aforementioned consumption restriction order has been lifted, and the company's operations and the work and travel of its legal representative, Mr. Shen Chunhui, are all normal

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