BYD(SZ:002594) 券商中国·2025-06-07 16:00Group 1 - The core viewpoint of the article highlights the regulatory actions taken against two financial institutions, Easy Insurance and Huaxia Jiuying Asset Management, due to serious violations leading to penalties and bans for responsible personnel [1][2][3]. Group 2 - Easy Insurance had 13 responsible personnel warned and fined a total of 1.71 million yuan, with former chairman Li Jun losing his qualification and former general manager Cao Haijing banned from the insurance industry for 5 years [2]. - The main violations of Easy Insurance included improper fund usage harming company interests, engaging unqualified intermediaries for insurance sales, and providing false reports [2]. - Easy Insurance, previously under the "Mingtian System," was taken over by the regulatory authority in July 2020 and entered bankruptcy restructuring in July 2022, later being acquired by BYD Auto in May 2023 and renamed Shenzhen BYD Property Insurance Co., Ltd. [2]. Group 3 - Huaxia Jiuying Asset Management had 25 responsible personnel warned and fined a total of 2.66 million yuan, with several individuals permanently banned from the insurance industry [3][4]. - Violations by Huaxia Jiuying included false records and omissions in related party reports, assisting other institutions in fraudulently inflating solvency, and improper fund usage causing significant losses [4]. - Huaxia Jiuying was previously controlled by Huaxia Life Insurance, which was also taken over in July 2020, and its assets were transferred to a newly established company, Ruizhong Life Insurance, in July 2023 [4].