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China Investment Guarantee Issues Statement Denying Unauthorized Use of Name in Fake Financial Products

GateNews

Enforcement Actions Security Incidents

2026-04-23 05:42:27

Gate News message, April 23 — China Investment Guarantee (CITIC Guarantee) issued a statement on April 23 clarifying that unauthorized individuals have falsely claimed the company is partnering with Nippon Life India Asset Management (Singapore) Pte. Ltd., commonly known as NAMS, and is underwriting related financial investment products. The company also reported that other entities have misused the name of its subsidiary, CITIC Guarantee Technology Finance and Credit Guarantee Co., Ltd., displaying fraudulent “financial licenses” allegedly issued by regulatory authorities.

The company strongly condemned these unauthorized activities and stated it reserves the right to pursue all legal remedies against those responsible for the misrepresentation.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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