There are also bureau level cadres of the local banking and insurance regulatory bureau being investigated< Br > < div class= "contheight" > < / div > on July 24, according to the information from the discipline inspection and supervision team of the Central Commission for Discipline Inspection and the State Supervision Commission of the China Banking and Insurance Commission and the Henan Provincial Supervision Commission: Li huanting, a first-class inspector of the Henan supervision Bureau of the China Banking and Insurance Commission, is suspected of serious violations of discipline and law, and is currently under the discipline review of the discipline inspection and supervision team of the Central Commission for Discipline Inspection and the State Supervision Commission of the China Banking and Insurance Commission and the supervision and investigation of the Henan Provincial Supervision Commission< Br > < div class= "contheight" > < /div> Li huanting, who is nearing retirement recently, failed to do so. Henan banking and insurance regulatory bureau also quietly removed Li huanting’s resume in July this year. At the beginning of this month, Li huanting’s resume was still the penultimate in the profile of leaders of Henan banking and Insurance Regulatory Bureau. Previously, he also served as the second deputy director of Henan banking and Insurance Regulatory Bureau< Br > < div class= "contheight" > < / div > before him, Kang Zhigang, a first-class researcher of the urban commercial bank supervision division of Henan banking and Insurance Regulatory Bureau, was investigated in March this year. Kang Zhigang has worked in the financial supervision system since 1995. He also served as the party secretary and director of Xuchang banking regulatory branch< Br > < div class= "contheight" > < / div > according to the resume, Li huanting was born in July 1962 in Yuzhou, Henan Province. He began working in August 1982 and joined the Communist Party of China in September 1984 with a university degree< Br > < div class= "contheight" > < / div > since 1998, Li huanting has worked in Henan local financial supervision system, and has successively served as deputy director of Henan financial system discipline inspection and supervision commissioner’s office and department level discipline inspection inspector< Br > < div class= "contheight" > < / div > after the establishment of the Former Banking Regulatory Commission in 2003, Li huanting began to work in Henan banking regulatory bureau, serving as deputy director of the personnel department of Henan banking regulatory bureau and deputy director of the Organization Department of the Party committee (department level), director of the Publicity Department of the Party committee of Henan banking regulatory bureau and Deputy Secretary of the Party committee of the organ, director of the supervision office of Henan banking regulatory bureau, deputy secretary of the Commission for Discipline Inspection, director of the office of the Commission for Discipline Inspection, and full-time vice president of the banking Association< Br > < div class= "contheight" > < / div > it is worth noting that < strong > in January 2012, Li huanting served as the director of the second division of rural small and medium-sized financial institutions supervision of Henan banking regulatory bureau, which is mainly responsible for market access, off-site supervision and on-site inspection of new rural financial institutions such as rural banks and rural mutual funds cooperatives within its jurisdiction after Li huanting, Guo Qin also served as the director of the second division of rural small and medium-sized financial institutions supervision of Henan banking regulatory bureau< Br > < div class= "contheight" > < / div > in November 2014, Li huanting was promoted to the post of member of the Party committee and deputy director of Henan banking regulatory bureau, and Kang Zhigang was then the director of Xuchang banking regulatory branch. Kang Zhigang was later transferred back to Henan Banking Regulatory Bureau as the director of the first supervision division of rural small and medium-sized financial institutions< Br > < div class= "contheight" > < / div > after the institutional reform of the China Banking and Insurance Regulatory Commission, Li huanting has successively served as a member of the preparatory group, member of the Party committee and deputy director of the Henan banking and Insurance Regulatory Bureau. During his tenure as deputy director general, he was in charge of the case inspection division, the policy bank supervision division, the first division of the supervision of other non bank financial institutions, the second division of the supervision of other non bank financial institutions, the group work department, the system trade union, and the organ trade Union, and concurrently served as the director of Henan financial trade union< Br > < div class= "contheight" > < / div > in 2020, at the age of 58, Li huanting was appointed as the first-class inspector of Henan banking and Insurance Regulatory Bureau, enjoying the treatment of the bureau level. He was in charge of the supervision division of large state-owned commercial banks, the Group Work Department, the system trade union, the government trade union, and concurrently served as the director of the financial trade union< Br > < div class= "contheight" > < / div > recently, the difficulty of withdrawing funds from rural banks in Henan has attracted much attention, and advances are being carried out in succession. The head of the relevant department of the China Banking and Insurance Regulatory Commission said on July 17 that after nearly three months of efforts, the public security organ has preliminarily ascertained the main facts of the case and restored the truth of the incident. Henan new wealth group manipulated five rural banks in Henan and Anhui, illegally absorbing and occupying public funds through internal and external collusion, using third-party platforms and fund brokers, tampering with original business data and covering up illegal acts. According to Xuchang Public Security Bureau, since 2011, criminal gangs led by Lu, the actual controller of new wealth group, have been suspected of using rural banks to commit a series of serious crimes.