On May 20, financial regulatory authorities in Heyuan disclosed penalties against Guangdong Lianping Rural Commercial Bank Co., Ltd. The bank was fined 300,000 yuan due to serious breaches of prudent operating rules related to loan restructuring. Additionally, the bank's Beitou branch was fined 200,000 yuan. Individuals Huang Shuiping and Liu Jiongfang received formal warnings.
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