On October 21, financial news reported that the administrative penalty decision notice from the People's Bank of China Suzhou Branch showed that Jiangxi Bank's Suzhou branch was fined 672,000 yuan for violations including failure to manage accounts in accordance with regulations, not fulfilling customer identity verification obligations as required, breaching cybersecurity management regulations, violating data security management rules, and failing to comply with credit information collection, provision, inquiry, and related management regulations. The branch received a warning along with the fine.

Ruan Moumin, then Deputy General Manager of the Compliance Department at Jiangxi Bank's Suzhou branch, was held responsible for the illegal act of "not properly preserving customer identity information and transaction records," and was fined 35,000 yuan.

Yu Moudong, then the branch manager of the Xiangcheng sub-branch, and Cao Mou, then a customer manager at the same sub-branch, were responsible for the illegal act of "violating credit information collection, provision, inquiry, and related management regulations," and were fined 5,000 yuan each.