FCSC's subsidiary, Yi Chuang Investment Bank, has been filed for investigation by the China Securities Regulatory Commission
FCSC's wholly-owned subsidiary, Yi Chuang Investment Bank, has received a notice of case filing from the China Securities Regulatory Commission (CSRC) on October 31, 2025, for allegedly failing to exercise due diligence in the convertible bond project of Hongda Xingye Co., Ltd. in 2019. The CSRC has decided to file a case against it based on the Securities Law and the Administrative Penalty Law and other relevant laws and regulations
According to the Zhitong Finance APP, FCSC (002797.SZ) announced that its wholly-owned subsidiary FCSC Securities Underwriting and Sponsorship Co., Ltd. (referred to as "FCSC Investment Bank") received a "Notice of Case Filing" (Securities Regulatory Case Filing No. 0102025023) from the China Securities Regulatory Commission (referred to as "CSRC") on October 31, 2025. Due to FCSC Investment Bank's alleged failure to diligently perform its continuous supervision duties in the convertible bond project of Hongda Xingye Co., Ltd. in 2019, the CSRC decided to file a case against FCSC Investment Bank on October 29, 2025, in accordance with the Securities Law of the People's Republic of China, the Administrative Penalty Law of the People's Republic of China, and other laws and regulations
