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Swellfun

Controversies

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

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  1. 2013

    CSRC Investigation Over Failure to Disclose 'Four-Party Agreement' and RMB 218 Million Claim

    In 2013, Swellfun was placed under CSRC investigation on suspicion of violating the Securities Law for failing to timely disclose major contracts including a 'four-party agreement' signed with related parties; in 2016, Zhuxin Real Estate claimed RMB 218 million, alleging that Swellfun had concealed information such as the floor area ratio when selling land three years earlier. Regulatory investigation and litigation.

    Source