Huaan Securities(SH:600909) Xin Lang Zheng Quan·2025-09-18 10:17Core Viewpoint - The Sichuan Securities Regulatory Bureau issued two administrative regulatory measures against Huazhong Securities Chengdu Dongda Road Securities Business Department and its former employee Tian Ke, highlighting issues of compliance management and employee conduct [1][2][3]. Group 1: Regulatory Actions - The Sichuan Securities Regulatory Bureau decided to issue a warning letter to Huazhong Securities Chengdu Dongda Road Business Department for failing to evaluate the integrity of employees during their tenure [2]. - Employee Tian Ke was ordered to rectify his actions for promoting false financial products to clients, resulting in significant losses for them [3]. Group 2: Company Background - Huazhong Securities Chengdu Dongda Road Business Department, a wholly-owned subsidiary of Huazhong Securities, has been operational since 2017 and is located in the financial hub of Chengdu [5]. - The department is known for its professional and efficient securities team, indicating its established presence in the market [5]. Group 3: Financial Performance - According to Huazhong Securities' 2025 semi-annual report, the company achieved operating revenue of 2.808 billion yuan, a year-on-year increase of 43.09%, and a net profit attributable to shareholders of 1.035 billion yuan, up 44.94% year-on-year [7]. - The rapid profit growth raises concerns about potential compliance risks, suggesting that the high-growth narrative in the securities industry should not rely on risk loopholes [7].