屋漏偏逢连夜雨！投行业务收入大跌超8成 华林证券因投行违规再遭监管“点名”

Core Viewpoint - Huayin Securities has received a regulatory penalty due to multiple violations in its investment banking operations, highlighting issues in due diligence, quality control, and internal review processes [1][2]. Regulatory Actions - The China Securities Regulatory Commission (CSRC) has imposed administrative measures on Huayin Securities, including regulatory talks with the responsible executives, due to insufficient due diligence and non-compliance with internal control guidelines [2][3]. - The company is required to conduct a thorough investigation and rectify the identified issues, establish strict internal control systems, and submit a written accountability report to the Tibet Securities Regulatory Bureau [1][2]. Previous Violations - This penalty marks the fifth regulatory action against Huayin Securities in the past two years, indicating a pattern of compliance issues [3]. - Previous penalties included a suspension of new private asset management product filings and warnings related to various operational deficiencies, such as inaccurate risk control reporting and inadequate management of investment products [3][4]. Financial Performance - In 2024, Huayin Securities reported a revenue of 1.435 billion yuan, a year-on-year increase of 41.35%, and a net profit of 353 million yuan, reflecting a significant growth of 1014.54% [5]. - However, the investment banking segment was a drag on the overall performance, with revenues from this sector dropping to approximately 16.82 million yuan, a substantial decline of 83.77% year-on-year due to tightened IPO and refinancing conditions [5].