Qi Lu Wan Bao·2025-09-25 03:03Core Points - The Shandong Securities Regulatory Bureau issued a warning letter to CITIC Securities (Shandong) Co., Ltd. Jinan Branch for allowing unqualified marketing personnel to conduct fund sales activities [2] - The Jinan Branch failed to ensure compliance as some employees promoted fund products without using the company's standardized promotional materials [2] - The regulatory body also issued a warning to Wei Yifan for engaging in fund sales activities before obtaining the necessary qualifications [2] Company Overview - CITIC Securities (Shandong) Co., Ltd. is a wholly-owned subsidiary of CITIC Securities (600030.SH) and was established in 1988 as Qingdao Securities Company [2] - The company was renamed in April 2014 and, as of the end of the 2025 semi-annual report, it operates 6 branches and 57 securities business departments [3] - According to the 2024 annual report, the company reported total assets of 44.59 billion RMB, net assets of 9.18 billion RMB, revenue of 2.13 billion RMB, and a net profit of 592 million RMB [3] Regulatory Actions - The Shandong Securities Regulatory Bureau mandated the Jinan Branch to enhance compliance and internal control management regarding fund sales and to submit a written rectification report within 30 days of receiving the decision [3]