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Do-Fluoride New Materials Co., Ltd.

Controversies

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

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  1. 2023

    Do-Fluoride subsidiary fined RMB 600,000 for direct emissions from fluorogypsum warehouse; company also receives SZSE regulatory letter over disclosure omission

    On June 7, 2023, the Sanmenxia Municipal Ecology and Environment Bureau imposed a penalty on Henan Dongfang Shaoxing Industrial Co., Ltd., a subsidiary of Do-Fluoride: exhaust gas from its fluorogypsum warehouse was not treated by the central purification absorber and was directly discharged from an intermediate process of the pollutant treatment facility, resulting in a fine of RMB 601,000. Separately, according to Jiemian News, Do-Fluoride omitted key information about its hydrofluoric acid business in investor relations activity records, constituting a “major omission” in information disclosure; during the period its stock price rose about 40% in 10 days, and it received a regulatory letter from the Shenzhen Stock Exchange. Progress: administrative penalty. Entities involved: Do-Fluoride New Materials Co., Ltd., Henan Dongfang Shaoxing Industrial Co., Ltd. Scope: Do-Fluoride subsidiaries and information disclosure.

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