Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Profit forecast 'turned from profit to loss' not timely corrected; chairman's sensitive-period share sale draws regulatory action
Huiwei Technology's 2022 earnings forecast was revised from profit to loss and was not corrected in a timely manner; the chairman sold shares during the sensitive period around annual report disclosure; the Shenzhen Stock Exchange questioned whether the company was coordinating with the major shareholder's share reduction, and the company and relevant personnel received warning letters and circulated criticism. Recorded in integrity files.