Jin Meixin Consumer Finance was fined 1.2 million yuan for inadequate consumer protection work, and the former general manager was given a warning.

On December 1st, the Xiamen Regulatory Bureau of the China Banking and Insurance Regulatory Commission disclosed a fine, showing that Xiamen Jinmeixin Consumer Finance Co., Ltd. and related personnel were fined for inadequate management of third-party cooperation institutions, inadequate protection of consumer rights, and careless investigation and examination of personal consumer loan business. Specifically, the Xiamen Regulatory Bureau fined Xiamen Jinmeixin Consumer Finance Co., Ltd. 1.2 million RMB, and issued warnings to Zhuang Yalan and Zhou Zhongde.