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Guangdong Fenghua Advanced Technology Holding Co., Ltd.

Controversies

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

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  1. 2019

    Financial statements window-dressed through fund arrangements; 26 people including three chairmen penalized

    In 2019, Fenghua Advanced Technology was fined 400,000 yuan for using fund and related-party transaction arrangements to conceal hard-to-recover accounts receivable and for consecutive inaccurate financial statements; 26 people connected to the matter were separately penalized, involving three chairmen. This entry adopts the penalty facts as reported by Yangcheng Evening News.

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