董事长被逮捕！“水果第一股”确定退市

Core Viewpoint - Hong Jiu Fruit's listing status on the Hong Kong Stock Exchange will be canceled on December 30, 2025, due to its inability to resume trading after being suspended since March 30, 2024, and failing to meet the requirements for resumption [1][2]. Group 1: Company Background - Hong Jiu Fruit was founded in 2002 in Chongqing by Deng Hong Jiu and Jiang Zong Ying, primarily engaged in wholesale fruit, sourcing from Thailand and Vietnam [5]. - The company went public on the Hong Kong Stock Exchange on September 5, 2022, becoming the first fruit stock listed [5]. Group 2: Financial Performance - In the first half of 2023, Hong Jiu Fruit reported revenue of 8.538 billion yuan, a year-on-year increase of 19.37%, while net profit was approximately 803 million yuan, a decline of 6.51% compared to the previous year [5]. Group 3: Suspension and Legal Issues - Trading of Hong Jiu Fruit was suspended on March 30, 2024, due to the company's failure to issue financial reports, with KPMG citing incomplete accounting documents and questionable supplier identities [2]. - Several executives, including the founder, were arrested in connection with investigations into loan fraud and tax invoice issues, leading to operational disruptions [2][3]. - The company faced financial strain and initiated a debt restructuring plan in May 2025, while also seeking strategic investors for support [3]. Group 4: Governance Challenges - Following the legal issues, three independent non-executive directors resigned in May 2025, leaving the company without any independent directors or members on the audit committee [3].