Due to the false listing of expenses, the Beibu Gulf Insurance Guizhou Branch was fined a total of 410,000 yuan.

On September 22, the Guizhou Financial Regulatory Bureau released administrative penalty information, showing that the Guizhou Branch of Beibu Gulf Property Insurance Co., Ltd. was fined 280,000 yuan for falsely listing expenses and fictitiously extracting fees from insurance intermediary businesses. The then deputy general manager, Wang Xuehua, and the assistant general manager of the business department, Dai Bin, were warned and fined 60,000 yuan each. The assistant general manager of the business department, Hu Jiang, was warned and fined 10,000 yuan.