The Bank of Dalian and Bank of Jinzhou (00416.HK) were notified by the Ministry of Industry and Information Technology that they had collected personal information in violation of regulations and had not yet completed rectification.

On July 19th, the Ministry of Industry and Information Technology Information and Communication Administration official website issued the “App Notification on Violation of User Rights and Interests” (the sixth batch of 2021, the total number 15 batches) show that the Ministry of Industry and Information Technology recently organized a third-party testing agency to conduct special inspections on mobile phone applications such as medical and health, e-commerce, and utility tools that users have reported more problems, and have notified relevant companies to make rectifications. Up to now, there are still 71 APPs that have not been rectified. The communication administrations of the Ministry of Industry and Information Technology deployed in accordance with the APP rectification actions and actively carried out supervision and inspection of mobile phone application software. The communication administrations of Liaoning Province, Zhejiang Province, Guangdong Province, Sichuan Province, and Ningxia Hui Autonomous Region found that 74 APPs were still not completed Rectification.

The news found that in the Liaoning Communications Administration Bureau’s inspection, it was found that two banks were involved in the list of applications that had not completed rectification: Bank of Dalian and Bank of Jinzhou. The application names of these two banks are “Bank of Dalian” and “Jinshang’s Home”, and the issues involved are all: collecting personal information in violation of regulations. The source of the apps is the Xiaomi App Store.

The Communications Administration of the Ministry of Industry and Information Technology stated that the above-mentioned 145 APPs should be rectified and implemented before July 26. Those who do not make rectifications within the time limit will be implemented in accordance with laws and regulations. Organize and carry out relevant disposal work.

The official website of the Bank of Dalian shows that the Bank of Dalian is an important subsidiary of China Orient Asset Management Co., Ltd. with a registered capital of 7.55 billion yuan. According to the 2020 annual report of the Bank of Dalian, as of the end of 2020, the total assets of the Bank of Dalian were 419.857 billion yuan. In 2020, the operating income of the Bank of Dalian will be 7.615 billion yuan. A year-on-year decrease of 4.82%; net profit was 1.004 billion yuan, a year-on-year decrease of 19.73%. Regarding both the decline in revenue and net profit last year, the Bank of Dalian’s 2020 annual report explained the reasons: continue to increase asset impairment expenditures and non-performing write-offs, and appropriately lower the net profit target.

Bank of Jinzhou was established on January 22, 1997, headquartered in Jinzhou City, Liaoning Province, and was listed on the main board of the Hong Kong Stock Exchange on December 7, 2015. According to the 2020 annual report of Bank of Jinzhou, as of the end of 2020, the total assets of Bank of Jinzhou were 777.992 billion yuan. In 2020, Jinzhou Bank’s operating income was 9.309 billion yuan, a year-on-year decrease of 59.8%; the net profit attributable to shareholders of the parent company was 405 million yuan, and the net profit in 2019 was a loss of 959 million yuan. Bank of JinzhouThe 2020 annual report explains that the decline in operating income of Jinzhou Bank in 2020 is mainly due to the decrease in the average balance of interest-earning assets and the decrease in average yield due to the completion of asset disposal by Jinzhou Bank; the positive net profit is mainly due to the sharp decrease in asset impairment losses in 2020. It was 5.663 billion yuan in the year, and it was as high as 20.846 billion yuan in 2019.