The Association of Dealers announced that after investigation, Dongfang Jincheng International Credit Evaluation Co., Ltd. as a credit rating agency for the interbank bond market has violated the following self-regulatory regulations relating to the interbank bond market: First, it violates rating independence requirements, marketers have participated in asset integration discussions organized by issuers to obtain high credit ratings several times in a project, and the planned asset integration plan clearly affected the rating results; second, the scoring reasons for some model indicators were conflicting, insufficient and unobjective; third, it did not strictly implement the requirements of the internal control system relating to the marketing system and customer credit risk monitoring and disposal Compliance supervision mechanisms are not in place; fourth, due diligence interviews confuse rating targets, some records are erroneous and applied to each other, and necessary information on some rating indicators is not fully collected in accordance with the requirements of self-regulation rules. According to the relevant self-regulation regulations on the interbank bond market, Dongfang Jincheng was warned and ordered to carry out comprehensive and in-depth rectification of issues relating to marketing compliance management and due diligence revealed in this incident after review and decision by the Self-Regulatory Commission.

The Association of Dealers announced that after investigation, Dongfang Jincheng International Credit Evaluation Co., Ltd. as a credit rating agency for the interbank bond market has violated the following self-regulatory regulations relating to the interbank bond market: First, it violates rating independence requirements, marketers have participated in asset integration discussions organized by issuers to obtain high credit ratings several times in a project, and the planned asset integration plan clearly affected the rating results; second, the scoring reasons for some model indicators were conflicting, insufficient and unobjective; third, it did not strictly implement the requirements of the internal control system relating to the marketing system and customer credit risk monitoring and disposal Compliance supervision mechanisms are not in place; fourth, due diligence interviews confuse rating targets, some records are erroneous and applied to each other, and necessary information on some rating indicators is not fully collected in accordance with the requirements of self-regulation rules. According to the relevant self-regulation regulations on the interbank bond market, Dongfang Jincheng was warned and ordered to carry out comprehensive and in-depth rectification of issues relating to marketing compliance management and due diligence revealed in this incident after review and decision by the Self-Regulatory Commission.