Financial business data is not accurate, Henan Fengtai Insurance Agency has been suspended for another year.

On April 30, the administrative penalty information released by the Henan Regulatory Bureau of the China Banking and Insurance Regulatory Commission showed that Henan Fentai Insurance Agency Co., Ltd. was warned and fined 10,000 yuan for failing to produce customer notification letters as required, and for providing inaccurate financial business data, and was ordered to stop accepting new business for one year. Jing Guofeng, the then general manager of Henan Fentai Insurance Agency, had his qualifications revoked for the same violations.