Core Viewpoint - Chongqing Hongjiu Fruit Co., Ltd. has faced significant turmoil following the criminal detention of its chairman and several executives for loan fraud and tax evasion, leading to operational disruptions and potential financial discrepancies in reported earnings [1][2][6] Company Overview - Chongqing Hongjiu Fruit, founded by Deng Hongjiu, has a history of 36 years in the fruit industry, becoming a notable player with over 200 fruit varieties and a peak wealth of 8.5 billion RMB in 2022 [3][4] - The company went public on the Hong Kong Stock Exchange in September 2022, achieving a market capitalization of 67.1 billion HKD at its peak, with a stock price reaching 41.80 HKD per share [5] Recent Developments - On April 16, 2023, the company announced the criminal detention of its chairman Deng Hongjiu and five other executives, which has led to the restriction of access to its main office and halted normal operations [1][2] - The company has not released its 2023 and 2024 financial reports, with the latest available data showing a revenue of 8.537 billion RMB and a profit of 803 million RMB for the first half of 2023 [6]
现场直击：洪九果品已经人去楼空