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Why didn't Debon Securities reconcile with Wuyang?
The reasons why Debon Securities does not reconcile with Wuyang may include:

1. Debon Securities believes that it did not participate in the fraudulent issuance identified by the CSRC, and the plaintiff believes that Debon Securities' failure to perform its duties in the underwriting process has been confirmed by administrative punishment and related judgments, and it should bear the main responsibility for fraudulent issuance.

2. Debon Securities believes that the causal relationship between fraudulent issuance and bond default is not clear, and there are many factors that lead to the default of Wuyang Construction Bond, such as the misappropriation of funds by shareholders and the chain reaction of the company's capital chain after administrative punishment. However, the plaintiff believes that there is a direct causal relationship between the infringement of fraudulent issuance and the loss of investors, and factors other than market risk-free interest rate changes and policy risks should not be abused to reduce the responsibility of intermediaries.

Debon Securities Co., Ltd. was established in May 2003, and the shareholding system reform was completed on 20 15. Is a fully licensed national comprehensive securities company. A comprehensive financial service platform covering securities, futures, Public Offering of Fund, alternative investments, private equity funds and many other aspects. Debon Securities is headquartered in Shanghai and its holding companies include Debon Fund Management Co., Ltd., Zhongzhou Futures Co., Ltd., Debon Sheng Xing Capital Management Co., Ltd. and Debon Xingrui Investment Management Co., Ltd. ..

2. Debon Securities adhered to the differentiated development strategy and actively promoted business innovations such as asset management, investment banking, wealth management and equity investment with the help of science and technology, and won a series of honors such as "20 18 China Five-Star Asset Securitization Sponsor" and "2065 438+07A- Best Growth Investment Bank". Debon Securities is committed to becoming a technology-driven integrated financial service provider with global capabilities. Debon Securities has established a new banner as an industry boutique investment bank by upgrading the level of science and technology, arranging international business and promoting the "investment+investment bank" driven by industrial research.

3. Corporate culture, corporate vision: becoming a technology-driven integrated financial service provider with global capabilities. Core values: honesty, efficiency, fairness, love, no boundaries, dare to think and do, and strict discipline.