Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
Penghui Energy subsidiary fined for hidden pipe discharge of water pollutants; parent began production before environmental facilities accepted
Penghui Energy's convertible bond filing disclosed that in 2017 subsidiary Zhuhai Penghui was fined RMB 100,000 by environmental authorities for secretly installing a hidden pipe to discharge water pollutants (the authorities determined that no pollution incident was caused); in 2018 the company was fined RMB 100,000 each for putting production into operation before environmental facilities were accepted and for discharging exhaust gas through an unapproved outlet. Status: administrative penalty. Entities: Guangzhou Penghui Energy Technology Co., Ltd., Zhuhai Penghui Energy Co., Ltd. Scope: environmental violations.