Kingfa Science & Technology Co., Ltd.
Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Actual controller's insider trading and disclosure violations
Yuan Zhimin, actual controller of Kingfa Sci. & Tech., was penalized by the CSRC for insider trading and sentenced; in 2020, the company's large KN95 mask order was terminated without timely disclosure, and the company and chairman were warned and publicly criticized by the Shanghai Stock Exchange. Penalties and confiscation, criminal judgment, public criticism.