Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2025
Zhongqingbao Fined for False Financial Records and Delayed Disclosure of Actual Controller Matter
The Shenzhen Securities Regulatory Bureau found that Zhongqingbao's 2019–2021 financial reports contained false records and that the company failed to timely disclose that its actual controller was subject to criminal coercive measures, imposing fines of 4 million yuan and 1 million yuan on the company for the two acts, respectively. The criminal matter was later disclosed with a non-prosecution decision and a decision to lift bail pending trial. Status: administrative penalty. Entity involved: Shenzhen Zhongqingbao Interactive Network Co., Ltd.