Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Report raises concerns that Longxin General funds may have been occupied by its controlling shareholder
Issue disclosure
A Red Weekly report questioned whether Longxin General’s funds may have been occupied by its controlling shareholder, citing the shareholder’s financial pressure and the company’s cash, borrowing, and subsidiary-equity sale. The report presented this as a possibility, not an established finding.
Source excerpt
在控股股东曾发生对其控股的另外一家上市公司的资金占用的背景下，让人担忧隆鑫通用账上的十几亿资金不排除已被大股东占用的可能。
《红周刊》记者分析隆鑫通用经营情况，发现其出售厚德物流股权很可能是为了解决自身资金压力问题，不仅是因其2016年以来一直处于增收不增利的形势中，且更为重要的是，公司有大量资金可能已被控股股东占用。
2012
Clean Air Act certification violations
The U.S. Environmental Protection Agency found that certification submissions for 7,115 imported vehicles were false or incomplete, resulting in Clean Air Act violations. The enforcement resolution required a US$680,000 penalty and support for a project intended to mitigate excess air pollution from the vehicles.