BackPublish InformationOFFICIAL RELEASE

Ping An Property & Casualty Insurance Company Limited Qiyang Central Branch Fined 10 Ten Thousand Yuan: Financial and Business Data Inaccurate

The National Financial Regulatory Administration's Qingyang Branch announced a penalty decision: Ping An Property & Casualty Insurance Company Limited, Qingyang Central Sub-branch, was fined 10 million yuan for inaccurate financial and business data. Two responsible individuals, Wang Xinyu and Wang Shuping, were each issued a warning and fined 1 million yuan, underscoring the regulatory authority's increasingly strict compliance requirements regarding data accuracy.

AUTHORSina Finance
DATE2026-09-30
VIEWS4327 views
COLUMNPublish Information
Ping An Property & Casualty Insurance Company Limited Qiyang Central Branch Fined 10 Ten Thousand Yuan: Financial and Business Data Inaccurate

Financial industry news for 9/30: According to the administrative penalty information published by the Qingyang Regulatory Branch of the National Financial Regulatory Administration, Ping An Property & Casualty Insurance Company of China, Ltd. Qingyang Central Sub-branch was fined 10 million yuan for providing inaccurate financial business data.

At the same time, Wang Xinyu, then Sales Director of the Direct Sales Department of the Group Channel at Ping An Property & Casualty Insurance Company Limited Qingyang Central Sub-branch, was warned and fined 1 yuan for inaccurate financial business data. Wang Shuping, then Team Manager of the First Division's Vehicle Team in the same department, was also warned and fined 1 yuan for the same violation.

Fine details:

No. Party Name Administrative Penalty Decision No. Main Illegal/Violative Acts Penalty Content Issuing Authority 1 Ping An Property & Casualty Insurance Company of China, Qingyang Branch Qingjin Jian Xing Chu [202X] No. 80 Untrue financial and business data Fine of 10 ten thousand yuan National Financial Regulatory Administration Qingyang Branch 2 Wang Xinyu (then Sales Director of the Group Channel Direct Sales Department, Ping An Property & Casualty Insurance Company of China, Qingyang Branch) Warning and fine of 1 ten thousand yuan 3 Wang Shuping (then Team Manager of the First Division of the Group Vehicle Team, Group Channel Direct Sales Department, Ping An Property & Casualty Insurance Company of China, Qingyang Branch) Warning and fine of 1 ten thousand yuan

SHARE
HOT PICKS

Trending Now

Curated trending content from this section by the operator

2026-10-203665

Financial Street Forum: Four Key Signals Emerge for the Insurance Sector

2026 Financial Street Forum Unveils Four Key Signals for the Insurance Sector: Accelerate revisions to the Insurance Law to strengthen regulatory rigor; move beyond growth-at-all-costs mindsets to drive high-quality development; deepen opening-up and host the inaugural Tech Insurance Conference; guide the industry in serving pension, healthcare, and technological innovation sectors.

Insurance Culture2026-10-20
Loli Tech

LuoLi Tech is an information platform dedicated to the insurance industry, providing timely, professional, and compliant industry insights and in-depth analysis.

Content on this site is for informational and opinion-sharing purposes only and does not constitute insurance advice. Please refer to the terms of your insurance policy for details.

Contact Information

CONTACT

© 2026 Luoli Technology. All rights reserved.

Guangdong ICP License No. 2026167722

Guangdong ICP Record No. 2026167722-1