On June 5, administrative penalty information released by the Heze Supervisory Branch of the State Financial Supervisory Administration showed that the Heze Central Branch of Yingda Taihe Property Insurance Co., Ltd. was fined 180,000 yuan for fictitious insurance intermediation business and failure to use approved and registered insurance rates in accordance with regulations. Sun Tianyu, the company's deputy general manager at the time, was warned and fined 20,000 yuan.

On June 5, administrative penalty information released by the Heze Supervisory Branch of the State Financial Supervisory Administration showed that the Heze Central Branch of Yingda Taihe Property Insurance Co., Ltd. was fined 180,000 yuan for fictitious insurance intermediation business and failure to use approved and registered insurance rates in accordance with regulations. Sun Tianyu, the company's deputy general manager at the time, was warned and fined 20,000 yuan.