On December 31, the fines disclosed by the Shenzhen Financial Supervisory Authority showed that CMB Consumer Finance Co., Ltd. and those responsible were fined 500,000 yuan due to careless management of partner institutions and inadequate management of the use of funds after loans, etc., and the person responsible, Sheng Lian, was warned. According to data disclosed by CMB Consumer Finance on November 28, the company currently has 31 partner agencies, of which 19 are involved in marketing and customer acquisition of internet loans, including loan aid, promotion cooperation, etc., and 12 partner agencies mainly provide collection services.

On December 31, the fines disclosed by the Shenzhen Financial Supervisory Authority showed that CMB Consumer Finance Co., Ltd. and those responsible were fined 500,000 yuan due to careless management of partner institutions and inadequate management of the use of funds after loans, etc., and the person responsible, Sheng Lian, was warned. According to data disclosed by CMB Consumer Finance on November 28, the company currently has 31 partner agencies, of which 19 are involved in marketing and customer acquisition of internet loans, including loan aid, promotion cooperation, etc., and 12 partner agencies mainly provide collection services.