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HBIS Group

Controversies

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

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  1. 2021

    HBIS subsidiary Tangshan Medium Plate fined over RMB 6 million for tampering with monitoring data and illegal emissions

    Tangshan Medium Plate, a subsidiary of HBIS, was repeatedly investigated and penalized for environmental violations including tampering with online monitoring data and discharging atmospheric pollutants in ways that evaded supervision; cumulative fines reached about RMB 6.07 million, and it was proposed to have its pollutant discharge permit revoked and be ordered to suspend operations, while the listed company failed to disclose the matter in a timely manner. The subsidiary faces a production halt crisis, and its information disclosure compliance is questioned.

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