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the vice president of an investment bank born in the 1980s was taken away from the meeting

2024-09-05

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wang zhaoping, deputy general manager of shenwan hongyuan securities underwriting and sponsoring co., ltd., was detained according to law.

on september 5, shenwan hongyuan securities underwriting and sponsoring co., ltd. announced that it had recently received a "detention notice" issued by the supervisory authority, and wang zhaoping was detained by the supervisory authority in accordance with the law. wang zhaoping has resigned from his position as deputy general manager of shenwan hongyuan securities underwriting and sponsoring co., ltd. for personal reasons.

earlier reports said that wang zhaoping was taken away from the venue by relevant departments a few days ago.

the reporter from china business network also called wang zhaoping but the call could not be connected.

according to public information, wang zhaoping was born in june 1980 and joined the then shenyin wanguo (now "shenwan hongyuan securities underwriting and sponsoring co., ltd.") in 2009. during this period, he has not changed his practice institution and has been deeply engaged in the third board business field.

according to the information on the website of the china securities association, wang zhaoping is a master's student. he registered on october 19, 2009. his practicing institution is shenwan hongyuan securities underwriting and sponsoring co., ltd., and his registration category is general securities business. his current registration status is still shown as "normal."

public information shows that in june this year, the xinjiang securities regulatory bureau took regulatory measures by issuing a warning letter to shenwan hongyuan underwriters and sponsors and related personnel.

the main content is: shenwan hongyuan underwriting and sponsoring and related personnel, during the practice of underwriting business for the 2016 private placement of shares by kailai technology (now delisted), did not perform sufficient due diligence procedures such as visiting individual suppliers and customers of the issuer, violating relevant regulations.

in its interim report, shenwan hongyuan stated that in response to the above-mentioned issues, shenwan hongyuan securities underwriting and sponsoring continued to improve the internal control system of its investment banking business, strictly adhered to the three lines of defense, improved the internal control mechanism, continued to strengthen the professional training of business personnel, strengthened project due diligence management, and continuously improved the quality of practice.

according to shenwan hongyuan's interim report, the company's investment banking business includes equity financing, debt financing, financial advisory, etc. in the first half of this year, shenwan hongyuan's investment banking business segment achieved operating income of 721 million yuan, a year-on-year decrease of more than 30%.

in the first half of the year, shenwan hongyuan's investment banking business fee income was 420 million yuan, down nearly 50% year-on-year. specifically, the securities underwriting business income was 332 million yuan, down about 55% year-on-year; the sponsorship business income was 4.7886 million yuan, down more than 80% year-on-year; the financial advisory business income was 93.3326 million yuan, up 8.6% year-on-year.

in terms of domestic equity financing business, in the first half of this year, shenwan hongyuan's total underwriting scale was 916 million yuan, and the number of underwritings was 3. among them, 15 listings and directional issuances on the new third board were completed, ranking third in the market, and 367 million yuan of equity financing was provided to listed companies. as of the end of the first half of the year, 560 companies listed on the new third board continued to be supervised, ranking second in the market, of which 223 companies were continuously supervised in the innovation layer, ranking second in the market; a total of 850 listed companies were recommended, 931 directional issuances were provided for listed companies, and a total of rmb 37.752 billion of equity financing was provided for listed companies, both ranking first in the industry. the beijing stock exchange has underwritten 21 companies and raised a total of 4 billion yuan, both ranking second in the industry.