再收罚单！华林证券年内多次被监管处罚

Core Viewpoint - Huayin Securities is facing multiple regulatory actions due to compliance issues, including violations in brokerage practices and internal management, while also experiencing significant changes in its executive team and a notable increase in financial performance this year [1][2][3]. Regulatory Issues - Jiangsu Securities Regulatory Bureau issued administrative measures against Huayin Securities' Jiangsu branch for three violations, including brokers not adhering to authorized business scopes, inadequate management of abnormal trading, and failure to conduct client follow-ups [1] - The company has received five regulatory fines this year related to its investment banking and brokerage operations [1] - The Tibet Securities Regulatory Bureau highlighted issues in personnel recruitment and compensation management, leading to a warning letter being issued to Huayin Securities [1] - The Shanghai Securities Regulatory Bureau issued warning letters to both Huayin Securities' Shanghai branch and an individual for non-compliance in employee conduct regarding client solicitation [2] Executive Changes - Huayin Securities appointed a new Secretary of the Board, Yao Songtao, in August, following the resignation of the previous secretary due to work adjustments [3] - In September, two executives, Lu Xiaofang and Xie Yingming, resigned for personal reasons shortly after the previous secretary's departure [3] Financial Performance - The company reported a significant increase in financial performance, with a revenue of 1.2 billion yuan for the first three quarters, marking an 18.08% year-on-year growth, and a net profit of 440 million yuan, reflecting a 45.66% increase compared to the previous year [3] Share Pledge Activity - Huayin Securities' major shareholder, Liyie Group, has announced ten instances of share pledges this year, with a recent pledge of 44 million shares for loan purposes, representing 2.53% of its holdings [4] - After the latest pledge, Liyie Group has cumulatively pledged 557 million shares, accounting for 32.02% of its total holdings in Huayin Securities [4]