Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2024
Subsidiaries Repeatedly Fined for Environmental Violations
Several Muyuan subsidiaries have been repeatedly penalized over sewage discharge, online monitoring, environmental protection facilities, and other issues; in Q3 2024, five subsidiaries were fined seven times. Environmental issues in livestock farming are drawing attention.
2021
Convertible Bond Launched 'While Ill' During Inquiry; Chairman Receives Regulatory Talk
Muyuan Foods, while media questioned its financial indicators and related-party transactions and during a Shenzhen Stock Exchange inquiry, still launched the application for convertible bond issuance; the CSRC took regulatory talk measures against Chairman Qin Yinglin, and the sponsor representatives were issued warning letters. Questions about the authenticity of its finances continue.