Response from Hua Xia Bank Executives to Fine of 87.25 Million: Rectification Rate Has Reached 95.34%

Deep News10-24

On October 24, financial news indicated that Hua Xia Bank held its third-quarter performance briefing for 2025 today. In response to the regulatory fine of 87.25 million yuan imposed in September of this year, Yu Guoqing, Director of the Board Office, stated that the penalty was a result of a comprehensive internal control inspection conducted by the National Financial Regulatory Administration in 2023. After receiving the on-site inspection opinion letter in 2023, we submitted a rectification report to the regulators. As of now, the rectification rate for the issues pointed out by the regulators has reached 95.34%.

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