lightningstrikemegaways| Bohai Securities has been regulated and filed for illegal activities involving financial advisory business

2024-05-14

On May 13, Bohai Securities issued an announcement that the company received the notice of filing a case issued by the China Securities Regulatory Commission on May 9, 2024. On April 24, 2024, the CSRC decided to file a case against Bohai Securities in accordance with laws and regulations such as the Securities Law of the people's Republic of China and the Administrative punishment Law of the people's Republic of China on suspicion of violating laws and regulations in the business of financial consultants.

Picture sourceLightningstrikemegawaysBohai Securities announcement

Bohai Securities said that the company's current operating conditions are normal, the incident has no adverse impact on the company's solvency. The company will actively cooperate with the relevant work of the China Securities Regulatory Commission and fulfill its information disclosure obligations in strict accordance with regulatory requirements.

According to public information, Bohai Securities Co., Ltd. is headquartered in Tianjin and has 21 branches and 45 securities business departments in Tianjin, Beijing, Shanghai, Guangdong and other important provinces and regions. Tianjin Teda International Holdings (Group) Co., Ltd. is the controlling shareholder of the company. Tianjin SASAC is the actual controller of the company.

lightningstrikemegaways| Bohai Securities has been regulated and filed for illegal activities involving financial advisory business

According to the 2023 annual report of Bohai Securities, the company's operating income for that year was 21.LightningstrikemegawaysThe operating profit is 667 million yuan, and the operating profit margin is 31.76%.