The total penalty for Jiangxi Bank and related branches for covering up bad loans through borrowing is 900,000 yuan.

On May 15th, the Jiangxi Financial Regulatory Bureau disclosed penalties that showed Jiangxi Bank Limited, its related branches, and responsible individuals were fined for inadequate loan management and using loans to cover up bad debts. Specifically, the Jiangxi Financial Regulatory Bureau fined Jiangxi Bank Limited 400,000 yuan; and fined Jiangxi Bank Limited Nanchang Jinxian Branch 500,000 yuan. In implementing the "double penalty system", the Jiangxi Financial Regulatory Bureau issued warnings to Hu Xin, and issued warnings and fines totaling 280,000 yuan to Fu Xuhuan, Zhu Liqun, Zhang Yu, and Xu Jihong.