Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Mingpai Jewelry warned twice over inaccurate financial disclosure and PV disclosure violations
Because an investee company recognized costs across periods, Mingpai Jewelry’s 2017-2021 financial disclosures were inaccurate, and in 2022 the Zhejiang Securities Regulatory Bureau issued a warning letter. In 2023, an abnormal fluctuation announcement failed to disclose the controlling shareholder’s planning of a photovoltaic “super factory,” and seal management was nonstandard and the board secretary was absent for a long time, so the company was warned again by the Zhejiang Securities Regulatory Bureau and received a regulatory letter from the Shenzhen Stock Exchange. Warning letters and the regulatory letter were recorded in the integrity archive.