CHINA

Chinese Agricultural Giant Beidahuang Ordered to Pay Record Back Taxes

Published: Jun. 23, 2026 4:11 p.m. GMT+8

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The Beidahuang Group booth at the China International Supply Chain Expo. Photo: VCG

A state-owned farming conglomerate has been hit with a record tax bill, highlighting China’s intensifying scrutiny of corporate tax compliance.

On Monday, Heilongjiang Agriculture Co. Ltd., widely known as Beidahuang, announced that it had been ordered to pay a total of 1.41 billion yuan ($210 million) in corporate income tax and late fees for the period from 2021 to 2025, including 1.02 billion yuan in corporate income tax and 385.8 million yuan in late fees. The corporate filing was dated June 23.

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Beidahuang ordered to pay 1.41 billion yuan ($210M) in back taxes and late fees for 2021–2025 due to improper tax exemptions on land contracts with nonemployees.
This is part of a wave of 69 listed companies issuing back tax announcements in 2025; Beidahuang's bill is record-breaking.
The entire amount will be recorded in its 2026 profit statement, wiping out equivalent net profit for that year.

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Heilongjiang Agriculture Co. Ltd.: Heilongjiang Agriculture Co. Ltd. (Beidahuang), a state-owned farming conglomerate listed on the Shanghai Stock Exchange, was ordered to pay 1.41 billion yuan in back taxes and late fees for 2021–2025. The tax bill resulted from improperly claiming exemptions on land contracting fees from non-employee family farms. Its businesses include grain, bean, and oilseed cultivation.

Beidahuang Agribusiness Group Co. Ltd.: Beidahuang Agribusiness Group Co. Ltd. is a state-owned farming conglomerate and sole initiator of Heilongjiang Agriculture Co. Ltd., which was hit with a record 1.41 billion yuan tax bill. It controls vast farmland in China and engages in grain cultivation, agricultural services, and grain purchasing.

Aier Eye Hospital Group Co. Ltd.: Aier Eye Hospital Group Co. Ltd., a Chinese listed company, previously led a wave of back tax payments, paying over 500 million yuan. The payment was self-disclosed, highlighting intensified corporate tax compliance scrutiny in China.

Yunnan Copper Co. Ltd.: Yunnan Copper Co. Ltd. received a tax bill of 512 million yuan for multiple years. The charge resulted from a subsidiary losing its high-tech enterprise status, leading to improper tax exemption claims. It was among the largest tax payments disclosed by Chinese listed companies in 2025.

Guanghui Energy Co. Ltd.: Guanghui Energy Co. Ltd., a Chinese listed company, announced a tax payment of 406 million yuan for fiscal 2025 amid a broader wave of back tax disclosures. This payment was part of a record tax bill settlement, reflecting intensified scrutiny of corporate tax compliance in China.

SPIC Inner Mongolia Energy Co. Ltd.: SPIC Inner Mongolia Energy Co. Ltd. is mentioned in the article as a company that announced a tax payment for fiscal 2025, amounting to 295 million yuan. This payment was part of a wave of back tax announcements from listed Chinese companies.

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