Has the Dagong rating been abolished?

Dagong's rating of 20 19 was blessed by the shareholders of central enterprises, and the rating qualification was restored, which meant that Dagong International was resurrected.

1. Dagong rating, namely Dagong International Credit Rating Co., Ltd., also known as Dagong International. In 20 18, China Securities Regulatory Commission and China Association of Interbank Market Dealers issued announcements one after another to suspend Dagong's rating business in the exchange and inter-bank bond market 1 year. However, from 2065438 to April 2009, China Guo Xin Holding Co., Ltd., one of the pilot companies of state-owned capital operation companies, officially entered Dagong International, holding 58% of the shares. The blessing of shareholders of central enterprises and the restoration of rating qualifications mean the resurrection of Dagong International; However, it is still a question whether Dagong International can regain its lost business and gain a new life.

2. According to public information, Dagong International Credit Rating Co., Ltd. is a professional institution of credit rating and risk analysis in China, and a major service provider of credit information and decision-making solutions in China. 1994 was established with the approval of the People's Bank of China and the State Economic and Trade Commission. Dagong, as the most influential creator of China's credit rating industry and market, has all the qualifications of China government's franchising, and is an authoritative organization recognized by China for credit rating evaluation of all bond issuing enterprises.

3. However, from 2065438 to August 2008, China Association of Interbank Market Dealers and China Securities Regulatory Commission successively punished Dagong International. Among them, the Dealers Association decided to give Dagong International a severe warning, ordered it to make rectification within a time limit and suspend the business related to the debt financing instrument market 1 year. The specific reason for the punishment is that Dagong International provided credit rating services to relevant issuers from March 20171to March 20 18, and at the same time directly provided consulting services to the evaluated enterprises, charging high fees. At the same time, in the process of business investigation and self-discipline investigation of dealers association, there are false statements and false information in the relevant materials provided by Dagong International to dealers association.

4.2065438+April 2009, Dagong Rating was strategically reorganized from Guo Xin, China, aiming at building a first-class rating enterprise, giving full play to the rating technology and data accumulated by Dagong Credit Information in the past 25 years, innovating the rating model, exploring the road of promoting supply-side reform and economic transformation and upgrading, and striving to provide investors and customers with better, professional and high value-added rating services in line with international standards, and maintaining the stability of the international economy, information security and financial markets.