Financial struggles are posing a threat to Hongjiu Fruit's leading position in the durian market in China.

2024-12-19 00:00

Chongqing Hongjiu Fruit Co. Ltd., known for its prominent position in the Chinese fruit market, is currently facing financial instability. This was highlighted by the suspension of its shares in March and the resignation of its auditor, KPMG, in April. The company, previously renowned as China's top fruit supplier, is now navigating through challenging times.

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