Anhua Agricultural Insurance Liuhe Branch and responsible persons were fined a total of 132,000 yuan for financial irregularities.

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Radar Finance Text | Yang Yang Edited | Li Yihui

On March 9th, the Tonghua Financial Regulatory Bureau disclosed an administrative penalty notice indicating that Anhui Agricultural Insurance Co., Ltd. Tonghua Liuhe Branch and related responsible personnel were fined 120,000 yuan by the Tonghua Financial Regulatory Bureau for discrepancies between financial records and actual usage. Li Honghui received a warning and a fine of 12,000 yuan.

Tianyancha data shows that Anhui Agricultural Insurance Co., Ltd. Tonghua Liuhe Branch was established on November 8, 2005. Its registered address is No. 0003, Building A10, Shui’an Mansion Phase I, Liuhe Town, Liuhe County. Its business scope includes: agricultural insurance; property loss insurance; liability insurance; statutory liability insurance; credit insurance and guarantee insurance; short-term health insurance and accident injury insurance; other property insurance businesses involving rural areas and farmers; reinsurance of the above businesses (excluding items prohibited or restricted by the state; projects requiring approval by law can only be operated after approval by relevant departments).

In terms of risks, Tianyancha statistics show that the company has 19 internal risks, 669 surrounding risks, 159 historical risks, and 19 warning alerts.

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