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Controversies

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

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  1. 2020

    Xince Standard gets CSRC warning letter for failing to disclose subsidiary’s suspected bribery during IPO

    The CSRC found that during Xince Standard’s application for an initial public offering on the ChiNext board, it failed to timely disclose suspected bribery involving its important subsidiary Suzhou Xince Standard Technical Service Co., Ltd., and the company was issued a warning letter. In 2022, general manager Wang Jianjun received a regulatory letter from the Shenzhen Stock Exchange over short-swing trading. Status: regulatory measures. Entities involved: Shenzhen Xince Standard Technical Service Co., Ltd. and Suzhou Xince Standard Technical Service Co., Ltd. Scope: IPO information disclosure.

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