Zhejiang Securities Regulatory Bureau has taken corrective measures against Hangzhou Vertex Financial Network Media Co., Ltd.

The Zhejiang Securities Regulatory Bureau issued a decision on imposing corrective measures on Hangzhou Vertex Financial Network Media Co., Ltd. After investigation, the company was found to have the following behaviors in the process of conducting securities investment advisory business: 1. Some clients' identity information in the contracts does not match their real identity information, and investor suitability management is not in place; 2. The trace of investment advisory business is incomplete; 3. Some unregistered investment advisers provide investment advice; 4. Some employees exaggerate historical performance, engage in misleading advertising, imply profits, and lack risk warnings; 5. Some employees provide investment advice to investors before purchasing products. The above behaviors do not comply with relevant regulations. It is decided to impose administrative supervision measures on the company to order corrective action. The company should pay high attention, take effective measures to rectify the existing problems, and submit a written rectification report within 30 days from the date of receiving this decision.