Changjiang Securities gets CSRC nod for affiliate guarantees

Changjiang Securities Company Limited announced today that it has received a "Reply Concerning Changjiang Securities' Net Capital Guarantee and Liquidity Guarantee Commitments to Changjiang Underwriting and Sponsoring" from the China Securities Regulatory Commission (CSRC). The CSRC expressed no objection to the guarantees.

Specifically, the regulatory body approved a 450 million yuan net capital guarantee and a 500 million yuan liquidity guarantee commitment provided by Changjiang Securities to Changjiang Underwriting and Sponsoring Co., Ltd. (Changjiang Baocheng).

Both Changjiang Securities and Changjiang Baocheng are committed to strictly adhering to the requirements outlined in the CSRC's reply. They will proceed with the implementation of these net capital and liquidity guarantee commitments following the necessary procedures and in line with their risk management demands.