10 16: Financial Regulatory News. According to the Shenzhen Financial Regulatory Bureau's administrative penalty disclosure, Yongcheng Property Insurance Co., Ltd. Shenzhen Branch was fined 35 million yuan for submitting false data. Additionally, Chen Zhenhua received a warning and a 2 million yuan fine; Yan Hao received a warning and a 7 million yuan fine; He Bing received a warning and a 7 million yuan fine, all for submitting false data.
Fine details:
No. Party Name Main Violations Penalty Content Issuing Authority 1 Yongcheng Property & Casualty Insurance Co., Ltd., Shenzhen Branch and Relevant Responsible Persons Data falsification Fine of 35 million yuan imposed on the institution; warnings and fines of 2, 7, and 7 million yuan respectively imposed on Chen Zhenhua, Yan Hao, and He Bing. Shenzhen Financial Regulatory Bureau
