China Construction Bank was notified that it was criticized for underwriting Shandong Shengtong bonds for insufficient verification

　　China Economic Net, Beijing, May 4th, according to the self-discipline information recently released by the website of the China National Association of Financial Market Institutional Investors, China Construction Bank Corporation (hereinafter referred to as "CCB"), as Shandong Shengtong Group Co., Ltd. (hereinafter referred to as "China Construction Bank") "Shandong Shengtong") the lead underwriter of related debt financing instruments, during the due diligence process of "16 Shengtong MTN001", it did not maintain reasonable doubts about the abnormal situation involving Shandong Shengtong's largest main business and conduct sufficient verification, due diligence Individual links of the investigation were not carried out in a standardized manner.

　　According to the relevant self-discipline regulations of the inter-bank bond market, upon deliberation at the 7th self-discipline meeting in 2022, CCB will be criticized in a circular; it will be ordered to make comprehensive and in-depth rectification of the problems exposed in this incident.

The following is the original text:

　　Information on Self-Disciplinary Actions of the National Association of Financial Market Institutional Investors

　　(Deliberation and decision of the 7th self-discipline meeting in 2022)

　　China Construction Bank Corporation (hereinafter referred to as "CCB"), as the lead underwriter of the relevant debt financing instruments of Shandong Shengtong Group Co., Ltd. (hereinafter referred to as "Shandong Shengtong"), conducted the due diligence process of "16 Shengtong MTN001" , did not maintain reasonable suspicion and conduct sufficient verification of the abnormal situation involving Shandong Shengtong's largest main business, and individual links of due diligence were not carried out in a standardized manner.

　　According to the relevant self-discipline regulations of the inter-bank bond market, upon deliberation at the 7th self-discipline meeting in 2022, CCB will be criticized in a circular; it will be ordered to make comprehensive and in-depth rectification of the problems exposed in this incident.