Xiangcai Co., Ltd. (600095.SH) subsidiary Xiangcai Securities is proposed to be fined 290,000 yuan and suspended from opening new securities accounts for 3 months.

Zhitong Finance APP News, Xiangcai Co., Ltd. (600095.SH) announced that its subsidiary Xiangcai Securities Co., Ltd. (referred to as "Xiangcai Securities"), on suspicion of violating the provisions of the Administrative Measures for Securities Brokerage Business regarding the real-name account system, was filed for investigation by the China Securities Regulatory Commission on July 31, 2026. On September 24, 2026, the subsidiary Xiangcai Securities received the Prior Notice of Administrative Penalty ([2026] No. 12) from the Hunan Securities Regulatory Bureau and the Prior Notice on Taking Supervisory and Management Measures of Ordering Correction, Suspending the Opening of New Securities Accounts for 3 Months, and Ordering the Disciplinary Handling of Relevant Personnel against Xiangcai Securities Co., Ltd. (Xiang Securities Regulatory Institution Letter [2026] No. 24).