Wednesday, August 02, 2017 11:16:45 AM
(1) Not paying some employees http://finance.sina.com.cn/roll/2017-04-15/doc-ifyeimzx6412175.shtml
(2) Assets sealed due to unpayed debt http://m.toutiao.manqian.cn/wz_P0abcEIk5.html#
(translate yourself)
So what happened here? Will the sealed assets including the brand reduce 2Q17 revenue? Now the whole price plunge seems to make sense, it wasn't the name change.
Hope they resolve these issues soon.
Reduced position last days, may recover when and if they receive the desired trading license.
What a bummer )-8
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