Core Viewpoint - Jiangyin Rural Commercial Bank has been issued a warning letter by the Jiangsu Securities Regulatory Bureau due to multiple violations in its fund sales business, highlighting issues in internal controls, risk management, and information reporting processes [2][5]. Regulatory Actions - The Jiangsu Securities Regulatory Bureau conducted an on-site inspection and identified several key violations, including the lack of a risk monitoring mechanism for investor information security and rights protection [5]. - The bank's internal control and risk management systems were found inadequate, with no clear committee for fund sales product approval, and some staff lacking necessary qualifications [5]. - Jiangyin Bank has been required to rectify these issues and submit a written report within 30 days of receiving the decision [5]. Previous Violations - In the first half of 2025, Jiangyin Bank was named for regulatory issues for the second time, having been fined 600,000 yuan for inaccuracies in key data and underreporting of off-balance-sheet financial derivatives [6][7]. - Specific personnel from the bank were also subjected to administrative warnings due to these violations [6]. Financial Performance - In Q1 2025, Jiangyin Bank reported revenue of 1.127 billion yuan, a year-on-year increase of 6.00%, and a net profit attributable to shareholders of 357 million yuan, up 2.22% year-on-year [8]. - The bank's asset scale has continued to expand, maintaining a level above 200 billion yuan [8]. - However, the bank's profitability has been pressured, with a weighted average return on equity of 1.91%, down 0.18 percentage points from the previous year, and a net interest margin narrowing to 1.51% [8].