In the past two years, amid the raging epidemic and rising raw material prices, many chemical companies have struggled to survive. What’s more, some chemical companies were forced to close down because they were unable to survive.
According to the public information on the China Market Supervision Administrative Penalty Documents Network, more than 70% of companies have not opened for more than 6 months without legitimate reasons, and the Market Supervision Administration has punished them in accordance with the law.
According to incomplete statistics, since 2021, an alarming number of chemical companies have been punished by the official website of China’s market supervision. Among them, nearly 2,000 chemical companies have been punished in the first seven months of 2021 alone.
Source: China Market Supervision Administrative Penalty Document Network
Judgments and penalties vary from fines to license revocation for different reasons: Trademark Six companies were punished and fined for infringement, false advertising, and inconsistent net content specifications; 32 companies had suspended business for more than 6 consecutive months without justifiable reasons and failed to cancel their registration, and their business licenses were revoked; they failed to participate in the annual tax declaration and were registered There were 6 businesses whose addresses could not be contacted and their business licenses were revoked.
It is necessary to focus on enterprises that produce and sell unqualified products and carry out centralized management of outstanding product quality problems in enterprises, so as to promptly discover and eliminate potential quality and safety hazards. </p
