Zhejiang Jingxin Pharmaceutical Co., Ltd.
Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2024
Fined RMB 800,000 for underpaying tax due to improper R&D expense deductions
In its Hong Kong IPO filing, Jingxin Pharmaceutical disclosed that in December 2024 it was fined RMB 800,000 by tax authorities for improper R&D expense deductions that underpaid corporate income tax by about RMB 1 million, and for failing to withhold and remit about RMB 400,000 in personal income tax in 2021 and 2023. Fine.