Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
Subsidiaries Fined Repeatedly; Pre-IPO Debt 'Evaporation' Questioned
While Juntin Hotels was sprinting toward a ChiNext listing, disclosures showed that from 2016 to the first half of 2019 its subsidiaries received nine or more fines and penalties for issues including fire safety, elevators, hygiene, employee health certificates, and invoices; questions also arose over RMB 75 million in debt that strangely 'vanished' and subsidiaries being insolvent. The IPO review focused on these issues; the company later listed.