Skip to content

Taiping

Controversies

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

Back to profile1 entries

  1. 2024

    Taiping Petrochemical Financial Leasing fined 1.6 million yuan for violations, responsible person banned for life

    Taiping Petrochemical Financial Leasing had problems including imprudent post-lease management, lease transfer proceeds misappropriated for land reserves, failure to complete ownership transfer registration, and acceptance of property with ownership disputes. It was fined 1.6 million yuan; responsible person Shen Hongda was banned for life from working in banking.