Guosheng Securities announced that the company received an “Administrative Penalty Decision” from the Jiangxi Securities Regulatory Bureau and was warned and fined 290,000 yuan due to three major flaws in brokerage business control, major mistakes in the implementation of the real-name account system, and serious violations of information security regulations; the six responsible persons, including Kuang Wenbang and Wu Die, were each warned and fined between 80,000 yuan and 180,000 yuan. At the same time, the company was ordered to make corrections, suspend the opening of new securities accounts for 3 months, and supervisory measures ordered to punish those responsible; Zhang Changsheng was taken to conduct regulatory discussions; Lu Xiuran was identified as an inappropriate candidate, and he was not allowed to hold positions such as director, supervisor, or branch head of a securities company for 1 year. This matter did not touch on major illegal forced delisting or other risk warning situations, did not affect existing customer transactions, and had little impact on current revenue and profit.

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