Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
COSMOPlat IPO Alleged to Rely Heavily on Haier Related-Party Transactions, Owe About RMB28 Million in Social Insurance
COSMOPlat switched to a Hong Kong IPO; its prospectus shows Haier Group is both its largest customer and largest supplier, with related-party transaction revenue accounting for as much as 72.2%; it was also reported that over more than three years the company cumulatively owed about RMB28 million in employee social insurance and housing provident fund, and its “industry No. 1” claim corresponds to only a 1.2% market share. Media questioned it; IPO is under review.