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Greenland Holdings

Controversies

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

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  1. 2023

    Bond default amid Chinese property-sector stress

    Greenland defaulted on a bond reported to have a principal value of approximately US$432 million. The event occurred during a period of widespread liquidity, refinancing, and debt pressures among Chinese property developers.

    Source

  2. 2021

    Guangxi Construction Group Holding fined for environmental violation

    Fine or penalty

    Regulators disclosed that Green Holding's indirectly controlled subsidiary, Guangxi Construction Group Holding Co., was ordered to make corrections and fined RMB 18,000 after nighttime construction without the required permit and resident notice caused noise affecting nearby residents.

    Source excerpt

    • 文号为徐环罚决字〔2021〕21号的行政处罚决定书内容显示，大气环境污染。
    • 绿地控股（600606.SH）间接控股子公司广西建工集团第三建筑工程有限责任公司因环境违法行为受到行政处罚。依据《江苏省大气污染防治条例》第九十四条第二项，广西建工集团第三建筑工程有限责任公司被处以罚款2.62万元。该处罚信息于2021年1月20日被相关监管机构披露。
    • 绿地控股（600606.SH）间接控股子公司广西建工集团控股有限公司因环境违法行为受到行政处罚。依据《中华人民共和国环境噪声污染防治法》第五十六条及《广西壮族自治区环境保护条例》第六十条，广西建工集团控股有限公司被责令改正并处以罚款1.8万元。该处罚信息于2021年2月8日被相关监管机构披露。
    Source