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Wolong Electric

Controversies

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

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  1. 2024

    Company, chairman and others warned by Zhejiang regulator over failure to disclose RMB 186 million performance compensation commitment

    Wolong Electric Drive failed to promptly issue a temporary announcement on a performance compensation commitment of about RMB 186 million made to Hongxiang Shares; in September 2024, the Zhejiang Securities Regulatory Bureau issued warning letters to the company, Chairman Pang Xinyuan, President Li Ming, and Board Secretary Dai Qin and recorded them in the integrity file, and the Shanghai Stock Exchange also issued a regulatory warning. Warning letters.

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