Petrobras fell more than 9.1%, the company\’s CEO was fired by Brazilian President Lula

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• The State Administration of Financial Supervision issued the “No. 1 fine” this year: Zhongan Property Insurance was fined 1.8 million yuan

  According to financial frontline news on April 25, the administrative penalty information disclosure form of the State Administration of Financial Supervision and Administration showed that Zhongan Online Property Insurance Co., Ltd. was involved in the following illegal facts: 1. Concealing related relationships and related transactions; 2. Falsely list expenses through related parties; 3. There are misstatements and omissions in the statements submitted through the related party transaction supervision system; 4. The investment assets formed by using insurance funds are used to extend loans to others. At the same time, as relevant persons in charge, Song Zhenhua, then deputy general manager of Zhongan Property & Casualty Insurance, was warned and fined 70,000 yuan, Zhang Yongbo, then deputy general manager of Zhongan Property & Casualty Insurance, was warned and fined 100,000 yuan, and then deputy general manager of Zhongan Property & Casualty Insurance was warned and fined 100,000 yuan. General manager Li Gaofeng was warned and fined 70,000 yuan.

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