On Dec. 7, Shanghai Shang Vegetable Yonghui Fresh Food Co. filed for bankruptcy and liquidation, case number (2020) Shanghai 03 Broken Shen 412, case type ? Bankruptcy review case?
Business Scope
Food distribution; e-commerce (not allowed to engage in value-added telecommunications, financial services); medical equipment business; the acquisition of food and agricultural products; food and agricultural products, general merchandise, pet supplies, eyeglasses, jewelry, cosmetics, clothing, leather goods, flowers, toys, sales; business information consulting; all kinds of advertisements, the design, production, agency, release; entrusted with the Housing rental; road cargo transportation (except hazardous chemicals); tobacco monopoly retail (limited to branch operations) Projects subject to approval under the law, approved by the relevant departments before carrying out business activities?
In addition, the eye of the sky APP shows that the company and its legal representative Huang Linping has been restricted consumption, at the same time, the company is also the Shanghai Baoshan District People's Court publicized the faithless executor, that is, the old scoundrels, the name of the cumulative implementation of the subject matter of more than 8.85 million.
Shanghai Shang Vegetable Yonghui Fresh Food Co., Ltd. was established in December 2013, with a registered capital of 420 million yuan, held by Yonghui Supermarket Co.
Super Vegetable Wing Fai this company's shareholding, Shanghai on the vegetables (state-owned enterprises) holding 39.28%, for the actual controller, Wing Fai holding 32% for the second largest shareholder.
The nature of the limited liability company, insolvency case to go bankruptcy liquidation is very normal, but many creditors will not be able to get the full amount of liquidation. But if this is a wholly owned company of Yonghui, I believe that Yonghui will not be so bankruptcy liquidation, which for the enterprise reputation, especially the credibility of listed companies, the negative impact is too big.
This enterprise is a joint venture between the state-owned enterprises and the private sector, and what problems exist in the middle of the operation will not be very clear to outsiders, but it is certainly not going to continue to operate, and continue to smash the money, it seems that they are also reluctant. The victims can only be creditors.
Yonghui no surprise will certainly be affected, it seems that the future of this joint venture should be more cautious it.