Trader Association: Xiangyu Consultancy and Shanghai Tengwen are suspected of violating relevant self-discipline rules of the interbank market.

On August 4th, the China Banking Interbank Market Traders Association issued a public announcement on the self-discipline investigation of Shanghai Lida Management Consulting Co., Ltd. and Shanghai Tengwen Industry Development Co., Ltd.: Through self-discipline investigation, the Traders Association found that you are suspected of violating relevant self-discipline rules of the interbank market. Therefore, we inform you of the investigation situation in accordance with the rules. As we are unable to contact you, we are delivering this announcement in the form of a public notice. From the day of this announcement, you have 10 working days to receive the relevant notice letter. Failure to do so will be considered as no objection. Subsequently, the Traders Association will proceed with the self-discipline punishment according to the rules. If you do not respond, it will be considered that you have no objection to the self-discipline punishment.