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]

近日，天风证券发布公告称，公司已收到中国证监会的立案告知书，市场认为监管立案与2022年年度报 告中披露的原民营大股东资金占用事项有所关联，2022年底该占用资金及利息全部归还。立案标志着困 扰天风证券多年的历史包袱终于要划上句号。在湖北宏泰集团控股后，天风证券基本面持续向好，立案 被市场解读为"利空出尽"的关键节点。 立案原因猜想：当代集团资金占用 天风证券2022年年度报告中披露，公司原直接和间接持股合计5%以上股份的股东武汉当代科技产业集 团股份有限公司通过第三方主体占用公司资金，截至2022年12月31日，占用资金及利息已全部归还。彼 时市场即普遍预期，立案只是时间问题。如今立案告知书落地，印证了当时猜想。 关键信号：与"当代系"旧时代彻底切割 市场分析，此次立案标志着天风证券与当代集团的历史遗留问题彻底切割。 2023年湖北国资宏泰集团正式控股天风证券，目前持有公司28.33%股权。原大股东当代集团因债务危 机已退出天风证券股东行列，但历史问题始终是悬在天风证券头上的"悬顶之剑"。 市场人士分析，对于此次立案告知，机构投资者普遍持"靴子落地"的积极解读，"监管立案虽然会带来 短期声誉影响，但明确的责 ...