Another well -known giant announced: bankrupt!Many people have bought ...

Remember the transparent packaging net red white milk?

The company behind

Now I have been forced to delist, bankruptcy and reorganization

2016

Kody Dairy launched net red white milk, hot for a while

The founder of the company Zhang Qinghai once shouted publicly

To build Cye Dairy as a

Better Mengniu and Yili's "Central Dairy Carrier"

Screenshot of Tmall Cody Flagship Store

But after 2018

Kody Dairy Deduction has a non -net profit for 4 years in a row

Fantastic "milk farmers' arrears" storm, financial fraud storm

The then chairman

Due to virtual increasing revenue profits, illegal guarantees, illegal letters

Fined 10 years of market ban

May this year

Kody Dairy was terminated by the Shenzhen Stock Exchange

After more than 3 months, the court ruled that bankruptcy and reorganization

↓↓↓

According to Hongxing Capital Bureau

September 9th

Cody Dairy issued an announcement saying

The company received the "Civil Ruling" issued by the Shangqiu Intermediate People's Court. The Shangqiu Intermediate People's Court ruled on September 8 that the creditors Zhengzhou Intersection Hezhong Culture Communication Co., Ltd.'s bankruptcy and reorganization application was applied to Cude Dairy.

Screenshot of Cody Dairy Announcement

The Shangqiu Intermediate People's Court believes that the respondent Cody Dairy has not been able to pay off the debt due, and it is obviously lacking the ability to settle. According to factors such as Kudy Dairy's asset status and industry prospects, it can basically determine its reorganization value. In accordance with relevant regulations, the applicant's application for the applicant's bankruptcy and reorganization of the applicant's applicant Cody Dairy.

Kydai Dairy said that the company will timely fulfill the information disclosure obligation in a timely manner according to the process of reorganization. Given that the company's application for bankruptcy and reorganization has been accepted, during the bankruptcy reorganization, the company has the risk of being declared bankrupt and bankruptcy.

Data show that at the end of the 2021 annual report period, the balance of liabilities of Cody Dairy was 1.967 billion yuan, of which the short -term borrowing of 560 million yuan was overdue, and the asset -liability ratio was as high as 96.43%. Due to the tight funds of the company and subsidiaries, at present facing more judicial lawsuits, related lawsuits have caused some of the company's account to be frozen, the company has been included in the list of dishonesty executives, and the frozen of major bank accounts has a significant impact on the company's production and operation activities on the company's production and operation activities. Essence

Before being reorganized by bankruptcy

May this year

Cydier Dairy was due to the financial report of 2021

Accounting firm

The audit report that cannot be expressed

Touching the relevant stocks of Shenzhen Stock Exchange to terminate the listing situation

Termination of the market by the Shenzhen Stock Exchange

Screenshot

Before

Kody Dairy is also an Internet celebrity milk brand

The founder of the company Zhang Qinghai once shouted publicly

To build Cye Dairy as a

Better Mengniu and Yili's "Central Dairy Carrier"

2016

Kody Dairy launched

A transparent packaging "net red little white milk"

Quickly sweep the entire Henan market

And move towards the country

Kody Dairy is also known as the "little white milk" originator

But now the major milk brands

They all launched their own "little white milk"

Kody Dairy's "Little White Milk" is no longer the limelight

also

Kody Dairy has been deeply trapped

"Dairy farmers arrears" storm and financial fraud storm

Greatly damage the reputation and performance of the company

at the same time

Company controlling shareholder Cody Group

The debt crisis also broke out, caught in trouble

September 2021

10 companies such as Kody Group have been ruled

Enter the reorganization

April 22, 2022

Cordon Group and other companies have been approved by the court by the merger reorganization plan

Have you ever drank Kody's milk?

Source: Red Star News (Reporter/Xie Yutong), please contact this public account if there is any infringement.

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