Automotive Nov 20, 2020 06:34 PM (GMT+8) · EqualOcean
Recently, brilliance Automobile Group Holding Co., Ltd. (hereinafter referred to as brilliance group) has defaulted on relevant bonds, causing market concern. China Securities Regulatory Commission (CSRC) has carried out special inspection on it in accordance with the law. According to the inspection results, it has taken administrative supervision measures to issue warning letters to brilliance group, and decided to file a case to investigate its suspected illegal information disclosure, conduct synchronous verification on intermediary agencies involved in relevant bonds of brilliance group, and seriously investigate and punish relevant illegal behaviors.