文/梧桐兄弟 12月7日，第一创业证券股份有限公司（第一创业，002797）公告，全资子公司第一创业证券承销保荐有限责任公司（"一创投行"）于2025 年12月5日收到中国证 监会江苏监管局《行政处罚事先告知书》。 一创投行涉嫌在鸿达兴业 2019 年可转债项目持续督导期间未勤勉尽责，包括： 未充分核查募集资金投入及归还情况；未按规定发表核查意见，导致出具的相关持 续督导文件存在虚假记载；未按规定履行督促及报告义务。 保荐代表人范本源、宋垚，是一创投行上述违法行为直接负责的主管人员。 江苏证监局拟决定：对第一创业证券承销保荐有限责任公司责令改正，给予警告，没收保荐业务收入 4,245,283.02 元，并处以 12,735,849.06 元罚款；对宋垚、范 本源给予警告，并分别处以 150 万元罚款。券商及2保代合计被罚没19981132元。 第一创业证券股份有限公司（以下简称"公司"）全资子公司第一创业证券承销保荐有限责任公司（以下简称"一创投行"）于2025 年10 月31 日收到中国证券监 督管理委员会（以下简称"中国证监会"）《立案告知书》（证监立案字 0102025023 号）。因一创投行在鸿达兴业 ...

Core Viewpoint - First Capital's wholly-owned subsidiary, Yi Chuang Investment Bank, was fined a total of 16.98 million yuan by the Jiangsu Securities Regulatory Bureau for failing to diligently perform its continuous supervision duties in the 2019 convertible bond project of Hongda Xingye [1][4][8]. Group 1: Regulatory Actions - On October 31, First Capital announced that Yi Chuang Investment Bank received a notice of investigation from the China Securities Regulatory Commission (CSRC) due to alleged negligence in its supervisory duties related to Hongda Xingye's 2019 convertible bond project [1][9]. - The Jiangsu Securities Regulatory Bureau indicated that Yi Chuang Investment Bank failed to adequately verify the use and repayment of raised funds, did not issue required verification opinions, and neglected its supervisory and reporting obligations [4][12]. - The total penalty for Yi Chuang Investment Bank includes a fine of 12.7359 million yuan and the confiscation of 4.245 million yuan in advisory fees, amounting to approximately 16.98 million yuan [4][12]. Group 2: Impact on First Capital - The administrative penalty does not trigger any major violations that would lead to mandatory delisting under the Shenzhen Stock Exchange rules, and both First Capital and Yi Chuang Investment Bank's operations remain normal [5][12]. - First Capital has urged Yi Chuang Investment Bank to learn from this case, accept the penalties sincerely, and enhance its operational quality and compliance to better serve the capital market [4][12]. Group 3: Background on Hongda Xingye - Hongda Xingye, established in 1991 and controlled by Zhou Yifeng, has faced financial difficulties leading to its stock being delisted on March 18, 2024, after failing to meet debt obligations [6][13]. - The company issued 24.27 billion yuan in convertible bonds in December 2019, but has since encountered significant financial distress, culminating in bankruptcy proceedings [6][13].

Core Viewpoint - First Capital's wholly-owned subsidiary, Yi Chuang Investment Bank, was fined a total of 16.98 million yuan by the Jiangsu Securities Regulatory Bureau for failing to diligently perform its continuous supervision duties in the 2019 convertible bond project of Hongda Xingye [2][4][5]. Group 1: Regulatory Actions - Yi Chuang Investment Bank received a notice of administrative penalty from the Jiangsu Securities Regulatory Bureau, which included a fine of 12.73 million yuan and the confiscation of 4.245 million yuan in sponsorship income, totaling approximately 16.98 million yuan [6][10]. - Two responsible supervisors, Fan Benyuan and Song Yao, were fined 1.5 million yuan each and received warnings for their direct involvement in the violations [6][10]. Group 2: Background of the Case - The violations stemmed from Yi Chuang Investment Bank's role as the sponsor for Hongda Xingye's 2019 convertible bond project, where it allegedly failed to adequately verify the use and repayment of raised funds and issued misleading continuous supervision documents [6][10]. - Hongda Xingye, which was established in 1991 and is controlled by Zhou Yifeng, has faced significant financial difficulties, leading to its stock being delisted and the company entering bankruptcy proceedings [9][10]. Group 3: Industry Implications - The case highlights the regulatory trend of holding intermediary institutions accountable for their supervisory responsibilities, emphasizing the need for diligence in continuous supervision to avoid negligence [4][10]. - The penalties against Yi Chuang Investment Bank serve as a warning to other brokerage firms to enhance their supervisory practices and avoid a focus on sponsorship at the expense of diligent oversight [4][10].

本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 第一创业证券股份有限公司（以下简称"公司"）全资子公司第一创业证券承销保荐有限责任公司（以下 简称"一创投行"）于2025年10月31日收到中国证券监督管理委员会（以下简称"中国证监会"）《立案告 知书》（证监立案字0102025023号）。因一创投行在鸿达兴业股份有限公司2019年可转债项目中涉嫌持 续督导业务未勤勉尽责，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规， 2025年10月29日，中国证监会决定对一创投行立案。 根据当事人违法行为的事实、性质、情节与社会危害程度，结合违法行为跨越新旧《证券法》适用的特 别情形，依据《证券法》第一百八十二条的规定，中国证监会江苏监管局拟决定： 一、对第一创业证券承销保荐有限责任公司责令改正，给予警告，没收保荐业务收入4,245,283.02元， 并处以12,735,849.06元罚款； 二、对宋垚、范本源给予警告，并分别处以150万元罚款。 根据《中华人民共和国行政处罚法》第四十五条、第六十三条、第六十四条和《中国证券监督管理委员 会行政处罚听证 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 第一创业证券股份有限公司（以下简称"公司"）全资子公司第一创业证券承销保荐有限责任公司（以下 简称"一创投行"）于2025年10月31日收到中国证券监督管理委员会（以下简称"中国证监会"）《立案告 知书》（证监立案字0102025023号）。因一创投行在鸿达兴业股份有限公司2019年可转债项目中涉嫌持 续督导业务未勤勉尽责，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规， 2025年10月29日，中国证监会决定对一创投行立案。 2025年12月5日，一创投行收到中国证监会江苏监管局《行政处罚事先告知书》（苏证监罚字〔2025〕 21号），主要内容如下： 一创投行涉嫌鸿达兴业股份有限公司（以下简称"鸿达兴业"）可转债项目持续督导未勤勉尽责一案，已 调查完毕，依法拟作出行政处罚。 一创投行涉嫌在鸿达兴业2019年可转债项目持续督导期间未勤勉尽责，包括：未充分核查募集资金投入 及归还情况；未按规定发表核查意见，导致出具的相关持续督导文件存在虚假记载； ...

（原标题：罚没近1700万！这家券商遭立案，结果出炉！） 事涉6年前的项目。 被调查1个月后，证监会对第一创业全资子公司第一创业证券承销保荐有限责任公司（以下简称"一创投 行"）的立案调查已有结果。 12月7日，第一创业公告称，因一创投行涉嫌在鸿达兴业股份有限公司（以下简称"鸿达兴业"）2019年 可转债项目持续督导期间未勤勉尽责，中国证监会江苏监管局拟对一创投行责令改正，给予警告，罚没 合计1698.11万元；同时拟对两名保代给予警告，并分别处以150万元罚款。据悉，公司及相关人员享有 陈述、申辩及要求听证的权利。 自去年以来，多家券商投行因持续督导不到位而被罚，甚至有机构因此被罚暂停保荐业务半年。对券商 投行而言，上述一系列处罚表明，持续督导工作不再是"走过场"，而成为监管紧盯的关键环节。 公司回应以案为鉴 12月7日，第一创业发布公告，称在12月5日收到中国证监会江苏监管局《行政处罚事先告知书》。这距 离公司10月29日被立案调查仅过去37天。 上述鸿达兴业早在去年3月因触发"面值退市"情形而退市，其股票及可转债进入全国中小企业股份转让 系统交易，简称分别为"R鸿达1"与"鸿达退债"。 其中，鸿达退债在 ...

《告知书》还提到，保荐代表人范本源、宋垚，是一创投行上述违法行为直接负责的主管人员。根据当 事人违法行为的事实、性质、情节与社会危害程度，结合违法行为跨越新旧《证券法》适用的特别情 形，依据有关规定，中国证监会江苏监管局拟决定：对一创投行责令改正，给予警告，没收保荐业务收 入424.53万元，并处以1273.59万元罚款；对宋垚、范本源给予警告，并分别处以150万元罚款。 第一创业表示，公司已督促一创投行切实以案为鉴，一创投行诚恳接受处罚，并将深刻反思、整改到 位，进一步强化执业质量管控，勤勉尽责、规范运作，全面提升投行执业质量，更好服务资本市场高质 量发展。目前公司和一创投行的经营情况正常，本次《行政处罚事先告知书》拟处罚事项不会对公司及 一创投行的经营活动、财务状况及偿债能力造成重大不利影响。 北京商报讯（记者 李海媛）12月7日，第一创业发布公告称，全资子公司第一创业证券承销保荐有限责 任公司（以下简称"一创投行"）于12月5日收到中国证监会江苏监管局《行政处罚事先告知书》（以下 简称《告知书》）。 《告知书》主要内容包括：一创投行涉嫌鸿达兴业股份有限公司（以下简称"鸿达兴业"）可转债项目持 续督导未勤 ...

Core Viewpoint - The report highlights the growth of China's primary plastic production, indicating a significant increase in both monthly and cumulative production figures for 2025, suggesting a positive outlook for the industry [1] Industry Summary - In September 2025, China's primary plastic production reached 12.67 million tons, marking a year-on-year growth of 10.4% [1] - From January to September 2025, the cumulative production of primary plastics in China totaled 109.703 million tons, reflecting a cumulative growth of 11.6% [1] - The data indicates a robust growth trend in the primary plastic sector, which is expected to continue in the coming years [1] Company Summary - Listed companies in the plastic industry include Hengyi Petrochemical, Rongsheng Petrochemical, Shanghai Petrochemical, Sinopec, China National Petroleum, Huajin Co., Tongkun Co., Hengli Petrochemical, Satellite Chemical, and ST Hongda [1] - These companies are positioned to benefit from the anticipated growth in the plastic production market as indicated by the statistical data [1]

Core Insights - The Guangzhou landmark building, Guangzhou Round Tower, was listed for auction on Alibaba's judicial auction platform starting at 1.36 billion yuan, but as of November 11, no bids have been placed [1][2] - The building, completed in 2013, has been a subject of controversy due to its design, which some consider unattractive, leading to its nickname "Copper Coin Tower" [1][2] Auction Details - The auction includes two land use rights, three real estate properties, and fixed assets, with an estimated value of nearly 1.7 billion yuan, starting at a discounted price of 1.36 billion yuan [2] - A deposit of 67.98 million yuan is required for potential bidders, and over 20,000 people have viewed the auction, but no one has registered to bid as of the deadline [2] Future Actions - If no bids are received by the deadline, a second auction will be scheduled [1][2] - The management has not disclosed any potential buyer inquiries regarding the property [2]

Core Viewpoint - The Guangzhou Round Building, a controversial landmark, is being auctioned on the Alibaba judicial auction platform with a starting price of 1.36 billion yuan, but has attracted no bidders as of November 11, 2025 [3][8]. Group 1: Building Overview - The Guangzhou Round Building was constructed by Hongda Xingye Group from 2010 to 2013, officially opening in 2015. It stands 138 meters tall with a total area of approximately 105,000 square meters, making it the largest and roundest building in the world at the time of completion [5]. - The building's total investment was 1 billion yuan, and it was named through a public naming campaign that cost 10,000 yuan. Its design resembles a "copper coin," symbolizing prosperous trade [5][7]. Group 2: Auction Details - The auction for the building includes two land use rights, three real estate properties, and fixed assets, with an assessed value of nearly 1.7 billion yuan, starting at 1.36 billion yuan after a 20% discount [7]. - Bidders are required to pay a deposit of 67.98 million yuan and submit relevant documents by November 11, 2025. Despite over 20,000 views on the auction platform, no bids have been placed [7][8]. Group 3: Company Background and Financial Issues - Guangdong Xingye International Industrial Co., Ltd., established in June 2004, is primarily owned by Hongda Xingye Group (96%) and Guangdong Dongsha Logistics Co., Ltd. (4%). The company has faced significant financial difficulties, leading to bankruptcy proceedings for its parent company [5][8]. - The Guangzhou Round Building was previously used as collateral in April 2022 and was put up for auction with a starting price of approximately 5.589 billion yuan, but that auction also failed to attract buyers [8].