Group 1 - The supply chain industry is undergoing significant turmoil, with both successful and failed companies facing unique challenges and lessons learned from the past year [1] - Companies like Huangshi Group have faced severe penalties for financial misconduct, highlighting the risks associated with concealing financial information [2][3] - Huangshi Group's diversification into unrelated sectors has led to a dilution of its core business and financial instability, resulting in substantial losses [4][6] Group 2 - ST Jiajia has lost its controlling shareholder and is facing governance issues, which may hinder its strategic decision-making and future opportunities [7][10] - The founder of ST Jiajia has accumulated significant personal debt, leading to legal troubles and further complicating the company's situation [8][12] - The case of Green Earth highlights the risks of heavy asset reliance in the agricultural sector, where poor cash flow management can lead to severe consequences [13][16] Group 3 - Furen Food has entered a state of crisis, with multiple executives leaving and the company halting operations due to financial difficulties [17][19] - The decline of Furen Food reflects broader challenges in the frozen food industry, particularly the impact of e-commerce and changing consumer preferences [19] - Jiangsu Hongjiu's financial collapse illustrates the dangers of overexpansion and reliance on a single market segment, leading to unsustainable debt levels [20][22] Group 4 - Xiwang Food has seen a significant drop in its stock holdings by its major shareholder, raising concerns about the company's governance and financial stability [21][23] - The decline in revenue for Xiwang Food is attributed to increased competition and a lack of brand recognition in a crowded market [25][26] - Tianrun Dairy has reported its first loss in a decade, driven by market price wars and operational challenges, prompting strategic adjustments [27][30] Group 5 - Qianhe Flavor Industry has faced a crisis due to product quality issues, leading to a decline in consumer trust and financial performance [33][35] - The company's struggles underscore the importance of maintaining transparency and quality in the supply chain to build consumer confidence [36] - The experiences of these eight companies collectively highlight critical survival principles in the supply chain sector, such as focusing on core business, maintaining cash flow, and ensuring strong governance [37]