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On August 8, the China Interbank Market Dealers Association released disciplinary information: After investigation, China Pengyuan Credit Rating Co., Ltd. (referred to as "Pengyuan Credit" below) violated the relevant self-discipline management regulations of the interbank bond market in the following ways as a credit rating agency in the interbank bond market: First, sending level improvement suggestions to potential rating subjects. Second, the rating analysts and market marketing personnel did not effectively isolate themselves when contacting companies before the rating agreement was signed. Third, the rating analysts conducted rating operations before the rating agreement was signed. Fourth, the rating basis for issuing a rating on certain company's core assets was insufficient and unreliable, as the relevant core assets had not completed business registration changes. According to the relevant self-discipline regulations of the interbank bond market, Pengyuan Credit was warned at the self-disciplinary meeting; required to conduct a comprehensive and thorough rectification on the marketing and rating operations issues exposed in this incident; and reprimanded the relevant responsible personnel.