4 securities industry professionals were identified as unsuitable candidates.

On November 28, the Zhejiang Securities Regulatory Bureau announced 4 administrative supervision measures, stating that four securities industry practitioners, Zeng, Li, Ye, and Chen, were identified as inappropriate candidates, with harsh language used in the announcement. Specifically, the Zhejiang Securities Regulatory Bureau believed that the above-mentioned four individuals seriously violated laws, regulations, and rules related to their professional behavior during their tenure, failed to adhere to professional ethics and behavior standards, lacked integrity in their work, and had a weak compliance awareness. All of the four individuals violated Article 6 of the "Regulations on Integrity in Practices of Securities and Futures Operation Institutions and Their Staff", Article 2 of the tenth clause of the "Compliance Management Measures for Securities Companies and Securities Investment Fund Management Companies", and Article 2 of the tenth clause of the "Compliance Management Measures for Securities Companies and Securities Investment Fund Management Companies". The Zhejiang Securities Regulatory Bureau stated that these four individuals were identified as inappropriate candidates and are not allowed to serve or perform related duties in the development of customer services within securities companies for 5 years from the date of the regulatory measures decision. Although the administrative supervision measures announcement did not specify the specific details of the violations of the four individuals, certain clues can be found from the provisions they violated. Article 6 of the "Regulations on Integrity in Practices of Securities and Futures Operation Institutions and Their Staff" indicates that employees of securities and futures operation institutions should not seek illegitimate profits through other means; Article 2 of the tenth clause of the "Compliance Management Measures for Securities Companies and Securities Investment Fund Management Companies" states that all employees of securities fund management institutions should comply with laws, regulations, and rules related to their professional behavior, actively identify and control compliance risks in their professional behavior, and bear responsibility for the compliance of their professional behavior.