65438+On February 28th, 2020, Chongqing Banking Insurance Regulatory Bureau announced that Fu Deng Rural Bank, a bank of China located in Binjiang, Wanzhou, immediately stopped its business activities and returned its financial license to Wanzhou Banking Insurance Regulatory Bureau. The shareholders' meeting, board of directors, board of supervisors and senior management personnel should immediately stop exercising their functions and powers. Bank of China, Fu Deng Wanzhou Binjiang Village Bank shall set up a liquidation group, and submit the establishment documents of the liquidation group to Wanzhou Banking Insurance Supervision Branch within 15 days after stopping its business activities, and go through legal procedures such as liquidation and cancellation of the company in accordance with relevant laws and regulations.