Beijing Securities Regulatory Bureau has taken administrative supervision measures against the Beijing branch of Zhongtai Securities Co., Ltd. by issuing a warning letter.

Beijing Securities Regulatory Bureau has taken administrative regulatory measures by issuing a warning letter to Zhongtai Securities Co., Ltd. Beijing Branch. After investigation, it was found that the branch of Zhongtai Securities has inadequate management of investor suitability and inadequate management of the behavior of securities investment advisors. The above actions violate the provisions of Article 3 of the "Measures for the Management of Investor Suitability for Securities and Futures Investment" and Article 8 of the "Interim Regulations on Securities Investment Advisory Business". In accordance with Article 37 of the "Measures for the Management of Investor Suitability for Securities and Futures Investment" and Article 32 of the "Interim Regulations on Securities Investment Advisory Business", the Securities Regulatory Bureau has decided to issue a warning letter to the branch as an administrative regulatory measure.