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China Grand Auto

Controversies

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

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  1. 2018

    Publicly condemned by Shanghai Stock Exchange for failure to disclose periodic report on time; fined for failure to notify concentration of undertakings

    Guanghui Automobile Service Co., Ltd. failed to disclose its 2025 interim report on time and had previously committed similar violations; in 2018, the Ministry of Commerce found that its subsidiaries Guanghui Baoxin and Beijing Yanbao had failed to notify a concentration of undertakings in accordance with the law. The Shanghai Stock Exchange publicly condemned the company and Ma Fujiang and Ding Yu; the Ministry of Commerce fined each 300,000 yuan.

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