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Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Everbright Securities Co Ltd receives administrative punishment

Tuesday, 4 Mar 2014 07:00pm EST 

Everbright Securities Co Ltd:Received administrative punishment decision from China Securities Regulatory Commission (CSRC), due to the company's false records in a sponsorship letter and a financial verification report for initial public offering of a China-based company.Fined 4.3 million yuan and confiscated revenue of 2.15 million yuan.Li Ruiyu and Shui Rundong, sponsor representatives involved, imposed fine of 300,000 yuan, respectively.