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Poly Developments and Holdings

Controversies

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

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  1. 2020

    Affiliated Companies Hit with Over 100 Administrative Penalties in a Year, Involving Unlicensed Construction, Illegal Presales and Environmental Violations

    China Economic Net counted that companies affiliated with Poly Real Estate have received more than 100 administrative penalties since 2020, involving unlicensed construction, illegal presales, dust and other environmental violations, with fines totaling millions of yuan; two related companies in Zhengzhou once received 8 penalty notices in one day. In 2023, Sina ESG Observation said its subsidiaries were repeatedly notified and penalized for environmental violations. The compliance management of the central state-owned real estate developer was questioned.

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