Taicheng Wealth Fund Sales (Dalian) Co., Ltd. was established on 20111,located in Shahekou District, Dalian City, Liaoning Province. It is a wealth management financial institution specializing in providing high-end financial planning for high-net-worth customers.
The company violated the provisions of Article 107 of the Securities Investment Fund Law, which constituted the failure to establish an emergency risk management system and a disaster backup system as stipulated in Article 144 of the Securities Investment Fund Law.
Dalian Securities Regulatory Bureau decided to impose a fine of 300,000 yuan on Taicheng Wealth and ordered it to stop the fund service business.