Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2024
Partner Yu Xinhua listed by CSRC as insider-information knower in insider trading case
The Jiangsu securities regulator imposed a penalty of about 106 million yuan on a Zheshang Bank branch president for insider trading in Tongrun Equipment. The penalty document shows that he bought shares after contact with IDG Capital partner Yu Xinhua, who was listed as an insider-information knower. Reports show the regulator did not penalize Yu Xinhua himself; IDG did not publicly respond to the details.