On May 18, according to an administrative penalty disclosure from the Yichun Supervision Branch of the National Financial Regulatory Administration, the Yichun Branch of Agricultural Bank Of China Limited was fined a total of 1.05 million yuan. The penalties were issued for inadequate management of bank acceptance bill operations, setting improper performance assessment indicators, and the misappropriation of working capital loans. Additionally, responsible individuals Liu Hufei and Fan Jiawei received warnings, while Xu Yongsheng was given a warning and fined 90,000 yuan.
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