China News Service, April 22 (Wu Tao) On the 22nd, Cao Yu, vice chairman of the China Banking and Insurance Regulatory Commission, said that the financial fraud of Ruixing Coffee is of a bad nature and profound lessons. The Banking and Insurance Regulatory Commission will strongly support and actively cooperate with the competent authorities to severely punish in accordance with law. The Banking and Insurance Regulatory Commission has always maintained a zero-tolerance attitude towards financial fraud, and jointly maintained a good market environment. "As far as we know, Ruixing Coffee currently has a credit relationship with relevant banking institutions, but the amount is not large, especially with credit, but the real loan balance is even smaller. The China Insurance Regulatory Commission has urged relevant banks to strengthen risk monitoring and post-loan management Regarding the issue of directors 'liability insurance, Ruixing Coffee purchased directors' liability insurance before its listing. There are four layers of insurance policies with a total limit of 25 million US dollars, involving more than a dozen insurance companies at home and abroad. "