On January 28, the publicity form of administrative punishment information published on the website of Changsha Central sub branch of the people’s Bank of China (Changyin punishment Zi [2022] No. 2) showed that Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) Group Finance Co., Ltd. was fined 91454.39 yuan by Changsha Central sub branch of the people’s Bank of China for its illegal act of defaulting on the RMB deposit reserve.
According to the reporter of China Economic Net, Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) Group Finance Co., Ltd. is a wholly-owned subsidiary of Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) (hereinafter referred to as ” Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) “, 000157. SZ).
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