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Hangxiao Steel Structure

Controversies

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

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  1. 2021

    Hangxiao Steel Structure subsidiary fined for environmental violations

    Fine or penalty

    Regulators fined Hangxiao Steel Structure (Anhui) Co., Ltd. RMB 280,000 for an environmental violation. An inspection found that the mobile welding-fume purifiers accompanying welding work in the light-steel workshop were not in use. Hangxiao Steel Structure controls the subsidiary.

    Source excerpt

    • 轻钢车间正在进行焊接作业，其配套的移动式焊烟净化器均未投入使用。
    • 杭萧钢构（安徽）有限公司被处以罚款28万元。
    • 该处罚信息于2021年8月11日被相关监管机构披露。
    Source

  2. 2007

    Fined and Warned Repeatedly by CSRC for Information Disclosure Violations

    In 2007, Hangxiao Steel Structure violated information disclosure rules regarding an Angola project contract, and its stock hit consecutive daily limit-ups; it was warned and fined 400,000 yuan by the CSRC. In 2023, it was warned by the Zhejiang Securities Regulatory Bureau for late disclosure of a related-party transaction. In 2026, it received a regulatory warning from the Shanghai Stock Exchange because information on the E-interaction platform was inaccurate. The company has faced repeated penalties and regulatory measures.

    Source