On September 30, a financial news alert reported that the administrative penalty information disclosure table from the Shenzhen Branch of the People's Bank of China shows Zhifu Electronic Payment Co., Ltd. was issued a warning and a public reprimand, along with a combined fine and confiscation of 2,301,437.6 yuan, for violating account management regulations.

Wang Mou Ping (Zhifu Electronic Payment Co., Ltd.) was also given a warning and a public reprimand, and fined 350,000 yuan.

According to the table: Party 1, Zhifu Electronic Payment Co., Ltd., penalty decision document number Shen Ren Yin Fa [2026] No. 14, violation type: violating account management regulations. Penalty content: warning and public reprimand, combined fine and confiscation of 2,301,437.6 yuan. Penalty decision authority: Shenzhen Branch of the People's Bank of China. Date of penalty decision: September 28, 2026. Public disclosure period: five years.

Party 2, Wang Mou Ping (Zhifu Electronic Payment Co., Ltd.), penalty decision document number Shen Ren Yin Fa [2026] No. 15, responsible for the following illegal acts of Zhifu Electronic Payment Co., Ltd.: violating account management regulations. Penalty content: warning and public reprimand, and a fine of 350,000 yuan. Penalty decision authority: Shenzhen Branch of the People's Bank of China. Date of penalty decision: September 28, 2026. Public disclosure period: five years.