On September 23, according to the administrative penalty disclosure list from the Kashi Financial Regulatory Branch, the Yuepuhu County Sub-branch of Xinjiang Rural Commercial Bank was fined 200,000 yuan by the Kashi Financial Regulatory Branch due to deficiencies in managing its agency sales business. Additionally, the relevant responsible person, Huang Chuanmin, received a formal warning in connection with the case.

The penalty highlights regulatory scrutiny over the sub-branch's oversight of third-party product distribution activities, underscoring the need for stricter compliance controls in financial sales operations.