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SIASUN

Controversies

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

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  1. 2021

    Earnings forecast flips from profit to huge loss; securities regulator warns, Shenzhen Stock Exchange criticizes

    Siasun Robot & Automation's 2020 earnings forecast initially estimated a profit of RMB 129 million to 187 million, later revised to a loss of RMB 367 million to 425 million, with an error of about RMB 500 million and no timely correction. The Liaoning Securities Regulatory Bureau issued warning letters to the company, Chairman Yu Haibin, President Qu Daokui and others, and ordered correction; the Shenzhen Stock Exchange gave the company and relevant parties a circulated criticism. The matter was recorded in the securities market integrity file.

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  2. No public controversies documented in the supplied evidence

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