连带被罚！事涉6年前项目，第一创业合计遭罚没近2000万

Core Viewpoint - The case of First Capital Securities facing penalties due to the misconduct of its subsidiary in relation to the sponsored company is becoming increasingly common in the investment banking industry [1] Group 1: Penalties and Violations - First Capital Securities' subsidiary, First Capital Securities Underwriting and Sponsorship Co., was fined nearly 17 million yuan and two responsible individuals were fined 1.5 million yuan each, totaling nearly 20 million yuan [1] - The subsidiary was under investigation by the China Securities Regulatory Commission (CSRC) for failing to diligently supervise the 2019 convertible bond project of Hongda Xingye Co., which led to the penalties [1][3] - Hongda Xingye was found to have committed multiple violations, including unauthorized changes to the use of raised funds and false disclosures in financial reports, resulting in a fine of 18.5 million yuan and other penalties for its executives [2] Group 2: Company Responses and Future Actions - First Capital Securities stated that it would ensure its subsidiary learns from this case and will enhance its operational quality and compliance to better serve the capital market [3] - The company emphasized that the penalties would not have a significant adverse impact on its operations, financial status, or debt repayment capabilities [3]