On September 20th, the Administrative Penalty Information Disclosure Table of the Chongqing Regulatory Bureau of the China Banking and Insurance Regulatory Commission shows that on September 13th, 2024, the Chongqing Regulatory Bureau of the China Banking and Insurance Regulatory Commission fined Chongqing Changan Automobile Finance Co., Ltd. 0.9 million yuan, and issued a warning to Cao Zhi, the General Manager of the Credit Approval Department of Chongqing Changan Automobile Finance Co., Ltd., and Xiong Xi, the Deputy General Manager of the Marketing Department of Chongqing Changan Automobile Finance Co., Ltd. The main illegal and irregular facts are: careless review of additional loan disbursements; infringement of the independent choice rights of financial consumers, and irregular transfer of their own risk control costs to customers; inadequate risk control in the used car business.