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Laoxiangji

Controversies

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

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  1. 2022

    Prospectus disclosed some employees lacked social insurance, sparking labor protection controversy

    In 2022, Laoxiangji's prospectus disclosed that some employees were not covered by social insurance, sparking public and regulatory attention, and the chairman publicly apologized. The company explained that this involved reasons such as rehiring retired employees and high turnover. When it resubmitted a prospectus in 2026, the media still focused on shortfalls in social insurance and housing provident fund. This entry does not present cumulative cross-year headcounts as current employee numbers.

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