On August 8, the National Association of Financial Market Institutional Investors (NAFMII) released a disciplinary notice. Shanghai Fuxi Asset Management Co., Ltd. received a severe warning for aiding multiple issuers in non-market-oriented bond issuance and imposing substantial financial assistance or service fees for holding bonds on behalf of others. These actions breached the fundamental principles of fairness, impartiality, and transparency in bond issuance, thereby disrupting the market order.