GreenTech Environment, along with its then chairman and general manager Zhang Huichun, then board secretary Chen Anna, and then supervisor Lian Fei, have been warned by the Shanghai Stock Exchange for failing to perform related-party transaction review procedures and information disclosure obligations as required. Investigations found that Tang Wenyuan, spouse of former employee representative supervisor Lian Fei, served as a director of Tangshan Eric Environmental Technology Co., Ltd., making Eric a related legal entity of the company. The company received a total of 79.5537 million yuan in operating service fees from Eric but did not promptly carry out review procedures or disclose the information. The company's 2025 revenue was 523 million yuan, down 15.18 percent year-on-year, with net profit of 38 million yuan, down 43.43 percent year-on-year. First-quarter net profit this year was approximately 2.32 million yuan, a year-on-year decrease of 79.91 percent.
GreenTech Environmental Co LtdCompany and three responsible persons warned by Shanghai Stock Exchange for failing to disclose related-party transactions, indicating regulatory non-compliance.