Levdeo controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Output-reporting and government-support dispute
A public dispute involved allegations that local officials pressured Levdeo to inflate industrial-output figures and failed to continue support for a government-guaranteed loan. A subsequent investigation found false reporting of RMB4.543 billion and interference by local departments, while assigning Wang Xiao primary leadership responsibility without confirming that he personally forced the falsification.
2023
Bankruptcy proceedings
Levdeo applied for bankruptcy amid financial and operational difficulties. Reported enforcement claims exceeded RMB120 million by January 5, 2024.
2021
Reported dealer-payment delays
Dealer managers reportedly stated that Levdeo had delayed payments, pointing to financial stress in the company’s distribution network.
2020
Investigation involving former local official and Li Guoxin
Li Guoxin was reported to have assisted an investigation into Wang Shuhua, a former Weifang vice mayor and Changle County Party secretary. Li later withdrew from management of Levdeo and resigned from Bidwen positions.