Core Viewpoint - Minsheng Life Insurance's asset management subsidiary, Minsheng Tonghui Asset Management Co., Ltd., has been fined for failing to properly utilize insurance company funds as per regulations [1] Group 1: Penalties and Regulatory Actions - The National Financial Regulatory Administration imposed a fine of 3.9 million yuan on Minsheng Tonghui Asset Management Co., Ltd. [1] - A total of 290,000 yuan in fines and warnings were issued to individuals including Song Yun, Lu Zhigang, Zhao Fangying, Mo Yanxia, and Xue Lijun [1] - Lu Zhigang previously served as the General Manager of the Direct Investment Department, while Xue Lijun was the General Manager of Investment and Portfolio Management [1] Group 2: Company Background - Minsheng Tonghui Asset Management Co., Ltd. was established on November 15, 2012, and is the 14th insurance asset management company approved by the former China Insurance Regulatory Commission [1] - The company has a registered capital of 100 million yuan and is wholly owned by Minsheng Life Insurance, with Lu Weiding as the actual controller [1]
民生人寿旗下保险资管公司被罚390万:未按照规定运用保险公司资金
Xin Lang Cai Jing·2025-11-17 09:05