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Poly Developments controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2021

    Guangzhou Suixing Property fined for environmental violations

    Fine or penalty

    Regulators fined Guangzhou Suixing Property Co., Ltd. RMB 98,000 for environmental violations. The penalty decision stated that the company discharged untreated muddy water into a rainwater network, causing river pollution. Poly Developments indirectly controls the subsidiary.

    Source excerpt

    • 该处罚信息于2021年7月26日被相关监管机构披露。
    • 保利发展(600048.SH)间接控股子公司广州穗兴置业有限公司因环境违法行为受到行政处罚。
    • 广州穗兴置业有限公司被处以罚款9.8万元。