天风证券相关负责人回应被处罚：不是新风险的暴露，而是旧问题的终结

Core Viewpoint - Tianfeng Securities is addressing historical compliance issues stemming from past private ownership, with recent regulatory actions viewed as a conclusion to these long-standing problems, allowing the company to focus on compliance and business development moving forward [1][2]. Group 1: Regulatory Actions and Company Response - On February 13, Tianfeng Securities announced it received administrative penalty notices from the China Securities Regulatory Commission (CSRC) related to historical violations from its previous private ownership [1]. - The company has actively cooperated with regulatory investigations and initiated internal rectifications, which are not expected to impact its current and future operations [1]. - Under the guidance of its state-owned parent, Hongtai Group, Tianfeng has clarified issues and developed rectification plans, including enhancing governance and internal control systems [1]. Group 2: Business Strategy and Financial Outlook - Since 2023, following the acquisition by Hongtai Group, Tianfeng has focused on resolving historical issues while building future capabilities, aiming to create a new type of brokerage with strong management and performance [2]. - The company has supported nearly 930 billion yuan in financing for the real economy over the past three years, with over 120 billion yuan directed towards enterprises in Hubei [2]. - Tianfeng expects to achieve a net profit of 125 million to 185 million yuan for the year, marking a successful turnaround from previous losses [2]. Group 3: Market Perception and Industry Context - Industry insiders view the penalties not as burdens but as opportunities to rebuild trust, emphasizing the importance of acknowledging and correcting past mistakes [2]. - The current regulatory environment in the securities industry is characterized by stringent oversight, and Tianfeng's proactive approach to compliance and risk management is seen as a model for smaller brokerages to navigate historical risks [3].