When investing in real estate in Taipei City, Hontai Life Insurance Co., Ltd. failed complete construction within 5 years which did not meet the requirement for immediate use and making a profit, and also failed to dispose of the real estate involved in the case within 6 months as instructed by the FSC. For violation of the stipulation that real estate investment by an insurance enterprise shall be limited to real estate that can be used immediately and from which benefit may be derived in Paragraph 1 of Article 146-2 of the Insurance Act, the FSC imposed a fine of NT$1 million on the insurer in accordance with Subparagraph 3 of Paragraph 5 of Article 168 of the same Act. The FSC also issued a reprimand and ordered Hontai to sell the real estate involved in the case within one year according to the provisions of Paragraph 1 of Article 149 of the same Act.