China Aoyuan Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile4 entries
2022
2020
2020
Jinghan–China Aoyuan acquisition payment dispute
Issue disclosure
A report said Jinghan had transferred about 29.99% of its shares to China Aoyuan under the acquisition agreement but had received no further transaction payment beyond a 50 million yuan deposit. China Aoyuan maintained that project handover should occur before it paid the remaining acquisition amount, leaving the transaction at an impasse.
Source excerpt
界面新闻独家获悉,在按照协议流程,将公司29.99%的股本过户给中国奥园之后,除了5000万订金,京汉股份未收到来自中国奥园的后续交易款。中国奥园坚持认为,必须要先交割项目,进场盘活项目、回笼资金后,再支付收购款。
2020
China Aoyuan faces short-seller allegations of financial-report fraud
Issue disclosure
An anonymous source published a short-selling report alleging that China Aoyuan was suspected of financial-statement fraud and said relevant materials had been anonymously submitted to regulators. China Aoyuan's headline response characterized the allegations as a misunderstanding.
Company response
Clarification — 中国奥园
做空者质疑违规自融,中国奥园回应称“误解”
Source excerpt
交锋!做空者质疑违规自融,中国奥园回应称“误解”
中国奥园(3883.HK)3月3日又被匿名人士发布做空报告,称其涉嫌财务报表造假,同时将相关资料匿名上报银保监会和人民银行。