Due to the improper handling of the debt asset package, China Cinda Asset Management Co., Ltd. Fujian Branch has been fined 300,000 yuan.

On August 7, the Fujian Financial Regulatory Bureau released an administrative penalty information disclosure form indicating that the Fujian branch of China Cinda Asset Management Co., Ltd. was fined 300,000 yuan for the illegal act of "improper disposal of debt asset packages."