The China Banking Regulatory Commission said that the recent personnel appointment and removal process of Qianhai Life Insurance were not compliant. It was an inappropriate intervention in the company's operations. It has interviewed Yao Zhenhua, the actual controller of the company.

According to the surging news report, Shenzhen Yishenghua Co., Ltd. issued two announcements on Monday (July 11) through the official website of Baoneng Group, saying that the company's Qianhai Life Insurance Co., Ltd.The temporary meeting of the board of directors was held to avoid Shen Chengfang's company general manager and company director position, and to avoid Chen Lin's company supervisor position.

The Bank of China Insurance Supervision and Administration Commission on Thursday (14th) issued a regulatory opinion on this matter to Qianhai Life, saying that the temporary shareholders' meeting made a resolution, corresponding to the company's decision -making matters.The company's normal operation does not meet the regulatory regulations and the company's articles of association.

The China Banking Regulatory Commission stated that Yao Zhenhua, the actual controller of Qianhai Life Insurance, was interviewed and ordered it to immediately correct improper behaviors and eliminate adverse effects.

The Banking Insurance Regulatory Commission pointed out that according to bank insurance institutions 'company governance standards and corporate articles of association, insurance companies convene a meeting of shareholders' meetings, boards, and supervisors.The meeting will notify all directors and supervisors in writing.

In addition, the company's charter and regulatory requirements are also clear. Shareholders and their controlling shareholders and actual controllers shall not abuse shareholders' rights or use related relationships to harm the legitimate rights and interests of the company, other shareholders and stakeholders.The board of directors and senior management shall be based on the decision -making power and management rights enjoined by the company's articles of association.

The China Banking Regulatory Commission said that Qianhai Life must implement the main responsibility, adhere to independent and independent operations, implement the risk isolation mechanism, maintain the company's business and personnel stability, and ensure the company's assets and funds.On the basis of compressing business scale and strengthening insurance funds, we will further take effective measures to improve solvency and prevent risks.

Yao Zhenhua in 2017 at the request of the China Banking Regulatory Commission requested the chairman of Qianhai Life Insurance and was punished by 10 years of banned industry.Life's actual control.