On January 30, Bank Of China Limited(601988) inter-bank market dealers association issued a self-discipline punishment information announcement, saying that Sichuan Languang Development Co.Ltd(600466) (hereinafter referred to as ” Sichuan Languang Development Co.Ltd(600466) “) should be given a serious warning due to its violation of the relevant self-discipline management rules of the inter-bank bond market and the default of multi-term debt financing instruments, Suspend its business related to debt financing instruments for 18 months.
At the same time, Bank Of China Limited(601988) inter market dealers association also ordered Sichuan Languang Development Co.Ltd(600466) to make comprehensive and in-depth rectification against the problems exposed in this incident, and warned Chi Feng, the then legal representative and President of the company, and identified him as an inappropriate candidate for 6 months; Ou Junming, the then financial director of the company, was criticized in a circular.
It is reported that the above-mentioned Sichuan Languang Development Co.Ltd(600466) violations of the relevant self-discipline management rules of the inter-bank bond market include two specific acts: one is to indirectly subscribe for the debt financing tool “21 Blu ray mtn001” issued by itself with its own funds through asset management products, which distorts the issuance interest rate and destroys the market order; Second, in the issuance document of “21 Blu ray mtn001”, the commitment that Sichuan Languang Development Co.Ltd(600466) will not directly or indirectly subscribe for debt financing instruments is inconsistent with the actual situation, and the relevant information disclosure is untrue.
