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Fenjiu

Controversies

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

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  1. 2020

    Fenjiu named by CCDI; chairman Li Qiuxi receives Shanghai Stock Exchange regulatory attention

    In September 2020, before the Mid-Autumn and National Day holidays, the website of the Central Commission for Discipline Inspection named institutional and structural problems at Shanxi Fenjiu, and media said it was "mired in institutional abuses." In December of the same year, the Shanghai Stock Exchange determined that then-chairman Li Qiuxi disclosed undisclosed operating information through non-statutory channels and placed him under regulatory attention. Li Qiuxi retired upon reaching retirement age at the end of 2021.

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