Transparency
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OTC Markets Group Unveils OTCID™ Basic Market in Major U.S. Equity Structure Overhaul
OTC Markets Group has launched OTCID™ Basic Market, replacing the Pink Current tier. This new market emphasizes consistent, ongoing disclosure for companies seeking U.S. investor engagement, requiring quarterly/annual financials and certifications. This move aims to enhance transparency, reduce investor apprehension, and improve market quality by providing reliable issuer data. Companies failing to meet these standards are now classified into Pink Limited™ or Expert Restricted markets.
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Z.TAO’s Sanitary Pad Brand Addresses Foreign Object Issue, Offers Replacements
Dorvi, a feminine hygiene brand co-founded by Huang Zitao, addressed consumer concerns about black specks in its products. The brand clarified these are harmless byproducts of the manufacturing process, exceeding industry visual inspection standards. Dorvi is offering replacements, emphasizing transparency and inviting feedback. Huang Zitao also issued a statement, inviting media and customers to observe the production, including online oversight for all existing customers.
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Pangdonglai: Glass-Like Transparency in Business, Welcoming Scrutiny But Standing Firm Against Rumors and Defamation
Yu Donglai, founder of China’s Pangdonglai Group, responded to recent scrutiny (May 17, 2025) by affirming regulatory compliance and launching a “Crystal Transparency” initiative. The strategy includes open store audits, sharing proprietary metrics via official channels, and blockchain-enabled inventory tracking achieving 98.6% accuracy. With 32% of annual profits invested in employee welfare and 85% of consumers reporting increased trust post-verification, the company also threatened legal action against malicious misinformation while welcoming institutional oversight, signaling potential industry transparency shifts amid rising Chinese retail sector visibility demands.