Zhongshan Securities and several senior executives receive warning letters from the CSRC

NightAirdropper · 2026-03-01T09:27:16+00:00

Zhongshan Securities received a warning letter from the Shenzhen Securities Regulatory Bureau due to management and marketing issues. The company's president and compliance director also received warnings. According to Jinlong Holdings' forecast, Zhongshan Securities' operating income and net profit in 2025 are expected to decline significantly, but the economic business still achieved high growth.

NightAirdropper

2026-03-01 09:27:16

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Shenzhen Securities Regulatory Bureau recently announced that Zhongshan Securities has been issued a warning letter due to issues such as weak management of branches and staff during brokerage business expansion, non-standard marketing practices, and inadequate control over marketing collaborations with third-party internet platforms. Additionally, the company’s President Luo Yong and Compliance Director Jiang Cheng were both issued warning letters.

According to Jinlong Co., Ltd. (000712.SZ)‘s previous earnings forecast, Zhongshan Securities’ total revenue for 2025 is expected to be 550 million yuan, a decrease of 29.17% year-on-year; net profit is projected to be 21 million yuan, down 88.06% year-on-year; the financial business is the only segment expected to achieve high growth in 2025, accounting for more than half of the revenue.

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