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Hailiang Group

Controversies

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

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  1. 2020

    Hailiang Co. deputy GM Wang Sheng cashes out without pre-disclosure, warned by Zhejiang securities regulator

    Wang Sheng, deputy general manager of Hailiang Co. under Hailiang Group, reduced his holdings in the company and cashed out about 1 million yuan without pre-disclosing the reduction plan as required, and received a warning letter from the Zhejiang Securities Regulatory Bureau; in addition, Hailiang Co. and its subsidiaries had received environmental penalties for wastewater discharge, hazardous waste management, and construction before environmental impact assessment approval. Progress: regulatory measure. Involved entities: Zhejiang Hailiang Co., Ltd., and Wang Sheng. Related scope: subsidiary Hailiang Co.

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