Regulators have called for two meetings with rating agencies this month: aiming to address the industry chaos of inflated ratings.

Reporters have learned that since April, regulators have closely monitored the operation of credit rating agencies and have held meetings with major credit rating companies on the 7th and 15th of this month. Regulators have requested that all rating agencies improve the quality of their ratings and conduct self-inspections. It is reported that at the end of April, rating agencies may hold a self-regulation conference, during which the industry will jointly issue a self-regulation initiative. According to sources familiar with the matter, key issues of concern for regulators include inflated ratings, maliciously low pricing competition, and other industry irregularities, with several typical cases reported at the meeting.