On February 27, Shanghai Chinafortune Co.Ltd(600621) announced that on February 25, the company learned from the official website of China Securities Regulatory Commission that China Securities Regulatory Commission had issued the reply on Approving the recommendation business qualification of Huaxin Securities Co., Ltd. (zjxk (2022) No. 384) to Huaxin Securities Co., Ltd., a wholly-owned subsidiary of the company, with the specific contents as follows:
Huaxin Securities Co., Ltd.: we have received the application report of Huaxin Securities Co., Ltd. on restoring the business qualification of recommendation institutions (Huaxin securities Zi [2021] No. 166) and relevant documents submitted by your company. According to the relevant provisions of the securities law, the measures for the administration of securities issuance and listing recommendation business (Order No. 170 of the CSRC), after examination, the reply is as follows: I. approve your company’s recommendation business qualification. 2、 Your company shall complete the industrial and commercial change registration within 6 months from the date of issuance of this reply. Your company shall, within 15 days from the date of renewal of its business license, apply to the Commission for renewal of its securities business license. Your company shall not engage in recommendation business before obtaining the renewed securities business license.
