Sina Technology News reported on the morning of January 26, the Tianyancha App showed that on January 12,Walmart(China) Investment Co., Ltd. added an administrative penalty information. The cause of the penalty was “food violation”. The punishment unit was the Futian Market Supervision Administration. The penalty result was “a fine of 38,1542.4 yuan, and the confiscation of illegal proceeds and illegal property of 38,1542.4 yuan.”

According to the Tianyancha App, Walmart (China) Investment Co., Ltd. was established in April 2003. The legal representative is Zhu Xiaojing, with a registered capital of about US$277.6 million. The scope of business includes investing in the commercial retail sector and engaging in domestic sales of products imported and purchased domestically through wholesale methods, wholesale of daily necessities, cosmetics, commission agents, etc.

According to the Tianyancha App, the company is 100% owned by Walmart China Ltd.