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Jinbei

Controversies

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

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  1. 2021

    Undisclosed Guarantees Draw Warning Letter; Controlling Shareholder Brilliance Heavily Fined

    In 2021, the CSRC fined Jinbei's indirect controlling shareholder Brilliance Group and Qi Yumin and others a total of RMB 53.6 million (false records in annual reports and bond violations); in 2024, the Liaoning Securities Regulatory Bureau issued warning letters to Jinbei Automobile, Chairman Liu Tongfu and others because two external guarantees were not disclosed in a timely manner. Warning letters were recorded in integrity files.

    Source