FilingReader Intelligence

Harzone faces penalty over 714m yuan accounting errors

July 30, 2025 at 05:38 PM UTCBy FilingReader AI

China Harzone Industry Corp received an administrative penalty from regulators for accounting errors in its 2022 annual report, including revenue overstatement and bad debt understatement, impacting profit by 714 million yuan.

The company's stock will be designated "ST Harzone" and suspended for one day on July 31, 2025, resuming August 1.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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