--- title: "PICC Property and Casualty Insurance and related responsible persons were administratively punished for false financial data" type: "News" locale: "en" url: "https://longbridge.com/en/news/287288155.md" description: "According to the news from Tongbi Finance, the administrative penalty information disclosed by the Shenzhen Financial Regulatory Bureau on May 21 shows that PICC Property and Casualty Insurance Company Shenzhen Branch and related responsible persons were administratively punished by the Shenzhen Financial Regulatory Bureau for providing false financial data. Penalty details: a fine of 190,000 yuan for the institution; a warning and a fine of 30,000 yuan for Huang Yueqing; a warning and a fine of 10,000 yuan for Wang Hongfeng" datetime: "2026-05-22T00:56:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287288155.md) - [en](https://longbridge.com/en/news/287288155.md) - [zh-HK](https://longbridge.com/zh-HK/news/287288155.md) --- # PICC Property and Casualty Insurance and related responsible persons were administratively punished for false financial data According to Tongbi Finance, the administrative penalty information disclosure form released by the Shenzhen Financial Regulatory Bureau on May 21 shows that PICC Property and Casualty Company Shenzhen Branch and related responsible persons were administratively punished by the Shenzhen Financial Regulatory Bureau for providing false financial data. Penalty details: A fine of 190,000 yuan was imposed on the institution; Huang Yueqing received a warning and a fine of 30,000 yuan, while Wang Hongfeng received a warning and a fine of 10,000 yuan ### Related Stocks - [601319.CN](https://longbridge.com/en/quote/601319.CN.md) - [01339.HK](https://longbridge.com/en/quote/01339.HK.md) - [02328.HK](https://longbridge.com/en/quote/02328.HK.md) ## Related News & Research - [Wall Street Is Reportedly Racing To Cement Softer Fed Rules Ahead Of Possible Democratic Return](https://longbridge.com/en/news/287641752.md) - [South East Water warns customers will be cut off as reservoirs run dry](https://longbridge.com/en/news/287806627.md) - [Memorial Day cookout costs hit record highs amid food inflation](https://longbridge.com/en/news/287496802.md) - [Florida insurer Safepoint eyes $1.16 billion valuation in US IPO](https://longbridge.com/en/news/287638945.md) - [Stamp of approval sought on HK$4.6 billion lifeline for struggling Hongkong Post](https://longbridge.com/en/news/287797539.md)