Skip to content
WorldBrand.AI

Unilumin

Controversies

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

Back to profile1 entries

  1. 2020

    Unilumin and chairman Lin Mingfeng, others receive Shenzhen regulatory warning letters over governance and accounting

    The Shenzhen Securities Regulatory Bureau issued warning letters to Unilumin and Lin Mingfeng, Hu Yan and others over issues in corporate governance, registration of insiders, and financial accounting including revenue and costs, bad debts, and inventory impairment; the company's April 2020 non-public issuance documents disclosed the relevant regulatory measures. Reports also said that in 2021 the company received another warning letter because estimates for bad debts and goodwill impairment in its earnings forecast were insufficient. Progress: regulatory measures. Entities involved: Unilumin Group Co., Ltd., Lin Mingfeng, Hu Yan. Scope: listed company information disclosure.

    Source