[Hunan Securities Regulatory Bureau: Take measures such as ordering corrections and suspending the opening of new securities accounts for three months against Xiangcai Securities] On November 12, the Hunan Securities Regulatory Bureau issued a decision on administrative regulatory measures. After investigation, Xiangcai Securities had the following problems: first, the internal controls related to the brokerage business were not implemented in place; second, the management of abnormal customer trading behavior was not implemented in place; third, information technology compliance and risk management were not in place; fourth, the management of employee integrity was not in place. The Hunan Securities Regulatory Bureau decided to take the following supervisory and administrative measures against Xiangcai Securities and record them in the securities and futures market integrity files: First, the company was ordered to correct the above problems within a time limit and submit a written rectification report to the bureau within 3 months after receiving this decision. The second is to order the company to suspend the opening of new securities accounts for three months from the date of receipt of this decision letter. During the suspension period, the company shall not add new brokerage business customers. The third is to order the company to punish the responsible personnel involved in accordance with relevant system regulations, and to make a written report to the Hunan Securities Regulatory Bureau within 5 working days from the date of the decision on punishment.