恒大人寿连收两张罚单：28人被追责，两任前董事长禁业

Core Viewpoint - The regulatory authorities have imposed penalties on Evergrande Life Insurance Co., Ltd. for serious violations in insurance fund operations, shareholder equity, and seal management, resulting in fines and industry bans for several key personnel [1][3][5]. Regulatory Actions - The National Financial Supervision Administration and Shenzhen Financial Regulatory Bureau issued penalties against Evergrande Life, with a total fine of 2.83 million yuan (approximately 0.4 million USD) for 20 individuals, including warnings and bans for 5 core personnel [1][3]. - Specific penalties include a fine of 410,000 yuan (approximately 0.06 million USD) from Shenzhen Financial Regulatory Bureau for violations in shareholder equity and seal management, with additional fines for 8 individuals [3][4]. Key Personnel Involved - Three former chairmen of Evergrande Life, Liang Dong, Zhu Jialin, and Peng Jianjun, faced varying degrees of penalties, with Liang Dong receiving a lifetime ban from the insurance industry [4][5]. - Former executives, including Chen Kun and Zeng Songbai, received bans of 10 years and 5 years, respectively [5]. Company Background - Evergrande Life was established in May 2006 and was previously known as China New Oriental Life Insurance Co., Ltd. It was rebranded after Evergrande Group acquired a 50% stake in November 2015 for approximately 3.939 billion yuan (about 0.56 billion USD) [5][6]. - Following the acquisition, Evergrande Life expanded its premium scale through high-yield universal insurance products, which led to regulatory scrutiny in 2016 [6]. Current Situation - The company has faced operational and financial difficulties following the debt crisis of Evergrande Group, leading to attempts to pledge its equity to alleviate liquidity issues [6]. - In September 2023, the National Financial Supervision Administration approved the transfer of Evergrande Life's insurance business, assets, and liabilities to Haigang Life Insurance Co., Ltd., which is committed to fulfilling Evergrande Life's insurance contract obligations [6].