1. As one of the 20 typical cases inspected by the CSRC last year, Nianfu Supply Chain acquired by Ningbo Dongli implemented financial fraud through fictitious supply chain business.
2. Straight flush data shows that as the lead underwriter, Guosen Securities' IPO project 1 1 during the year, among which three companies, including Asia Fishing Port, Xinghe Automation and Tsukagoshi Hirotaka Equipment, were rejected.