Core Viewpoint - Tianfeng Securities has received a notice of investigation from the China Securities Regulatory Commission (CSRC) due to suspected violations of information disclosure and illegal financing, marking a significant regulatory event for the company [2] Group 1: Regulatory Investigation - The investigation is linked to the fund occupation issues disclosed in the 2022 annual report, which have since been resolved with all funds and interest returned by the end of 2022 [2] - The investigation is seen as a turning point for Tianfeng Securities, as it aims to close a long-standing historical burden, especially after the control shift to Hubei Hongtai Group [2] Group 2: Company Performance - From January to September 2023, Tianfeng Securities achieved a total operating income of 2.112 billion yuan, representing a year-on-year increase of 57.53% [3] - As of the end of October 2023, the company's total market capitalization reached 59.23 billion yuan, an increase of 27.57 billion yuan since Hubei Hongtai Group took control in March 2023 [3] Group 3: Business Development - Tianfeng Securities has successfully completed significant IPO projects in the equity investment banking sector, showcasing its expertise in hard technology and high-end manufacturing [4] - The company has a total bond underwriting scale of 87.1 billion yuan, ranking 8th in corporate bond underwriting amount and 6th in issuance numbers [4] Group 4: Financial Results - For the first three quarters of 2023, Tianfeng Securities reported net commission income of 1.67 billion yuan, up 19.92%, and investment income of 1.266 billion yuan, up 82.33% [5] - The company has been actively enhancing its client base and asset scale, with a total client asset scale of 196.9 billion yuan and cumulative trading volume of 1.0227 trillion yuan in the first half of the year [5]