China Poly Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
2019
Poly (Hong Kong) Holdings responds to questions about a related-party receivable
Company response
In response to an investor's question about an undisclosed non-operating fund occupation, Poly (Hong Kong) Holdings said the 2.771 billion yuan receivable arose from assuming shareholder loans when the company acquired its 50% stake, and described the transaction as having a genuine commercial background.
Company response
Clarification — 保利(香港)控股有限公司
公司与保利(香港)控股有限公司的其他应收款27.71亿元为公司收购其50%股权时,按照同股同权的基本商业原则承接的股东借款,具备真实且充分的商业交易背景
Source excerpt
请问公司是否会补充披露相关信息? 尊敬的投资者,您好!公司与保利(香港)控股有限公司的其他应收款27.71亿元为公司收购其50%股权时,按照同股同权的基本商业原则承接的股东借款,具备真实且充分的商业交易背景,往来性质为非经营性往来