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Taishan Property Insurance's Lankao Marketing Service Branch Fined 7 Million Yuan for Changing Business Premises Without Approval

The Kaifeng Financial Regulatory Bureau announced administrative penalties: Taishan Property & Casualty Insurance's Lankao Marketing Service Branch was fined 7 million yuan for changing its business premises without approval. The responsible individual, Chen Lei, also received a warning and a fine of 7 million yuan for the same violation.

AUTHORSina Finance
DATE2026-10-14
VIEWS3992 views
COLUMNPublish Information
Taishan Property Insurance's Lankao Marketing Service Branch Fined 7 Million Yuan for Changing Business Premises Without Approval

10 10: Financial regulatory news. According to the administrative penalty information published by the Kaifeng Financial Regulatory Branch, Taishan Property Insurance's Lankao Marketing Service Department was fined RMB 7 million for changing its business premises without approval. Additionally, Chen Lei was warned and fined RMB 7 million for the same violation.

Fine details:

No. Party Name Administrative Penalty Decision Number Main Illegal/Violative Acts Penalty Content Decision-Making Organ 1 Taishan Property Insurance Co., Ltd. Lankao Marketing Service Department Bianjin Fa Jue Zi [ 2026 ] No. 9 Unapproved change of business premises Fine: RMB 7 ten thousand yuan Kaifeng Financial Regulatory Branch 2 Chen Lei Bianjin Fa Jue Zi [ 2026 ] No. 10 Unapproved change of business premises Warning and fine: RMB 7 ten thousand yuan Kaifeng Financial Regulatory Branch

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