Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Fined for Failing to Disclose Excess Related-Party Transactions with Finance Company
Jizhong Energy failed to disclose excess related-party transactions with its finance company as required. The Hebei Securities Regulatory Bureau ordered correction, issued a warning, and fined it RMB 500,000; controlling shareholder Jizhong Group was fined RMB 500,000; its Gequan Mine was separately fined RMB 750,000 because it continued production with safety devices out of order.