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Nanjing Hongbaoli

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2025

    Failure to Disclose Related-Party Fund Occupation Draws Warning Letter and Circulated Criticism

    Hongbaoli had issues including undisclosed occupation of funds by related parties and understating procurement data in its annual report. The Jiangsu Securities Regulatory Bureau issued a warning letter, and the Shenzhen Stock Exchange circulated a criticism.

    Source