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Geo-Jade Petroleum

Controversies

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

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  1. 2026

    Ordered to rectify for concealing related-party relationships and related-party fund occupation; shareholder fined for illegal share reduction

    In April 2026, the Hainan Securities Regulatory Bureau found that Geo-Jade Petroleum had not disclosed related-party relationships and related-party transactions with Hainan Qingyu Energy and other companies and that related parties had engaged in non-operating fund occupation; it adopted rectification measures against the company and recorded the matter in its integrity file; in the same month, company shareholder Haikou Dongduo illegally transferred 40.4615 million shares during the lock-up period and was warned, ordered to rectify and fined 1 million yuan. Ordered to rectify; shareholder fined.

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