Group 1 - The announcement from the China Interbank Market Dealers Association indicates that United Ratings Co., Ltd. violated the principle of rating consistency by using two different rating standards for the same entity [1] - As a result of this violation, United Ratings has been given a serious warning and is required to conduct a comprehensive and in-depth rectification regarding the issues exposed by the rating consistency problem [1]

Core Viewpoint - The China Interbank Market Dealers Association issued a warning to United Ratings Co., Ltd. for violating the principle of rating consistency by using two different rating standards for the same entity in the interbank bond market [1] Group 1 - United Ratings was found to operate both 3C ratings and issuer-entrusted ratings for the same subject, which led to a breach of the rating consistency principle [1] - The association conducted a self-discipline meeting and decided to impose a severe warning on United Ratings [1] - United Ratings is required to undertake comprehensive and in-depth rectification regarding the rating consistency issues exposed by this incident [1]