On April 3, financial authorities imposed penalties on Bank of China's Guigang branch for multiple compliance violations. According to the administrative penalty disclosure by the People's Bank of China Guigang Branch, the institution received a formal warning and a fine of 301,700 yuan. The violations included non-compliance with financial statistical regulations, breaches of account management rules, failure to conduct proper customer due diligence, and inadequate preservation of client identity documents and transaction records.