Capital, Earnings & M&A
Chen Sheng Responds to Huiyuan Joint Venture: Not a 'Sellout' but Complementary Upstream and Downstream Integration
Huiyuan Juice, once the 'king of fruit juice,' faces continuous losses, a shrinking stock price, delayed annual reports, and departing executives. Recently, the company announced a framework agreement to form a joint venture with Tiandi No.1 and Guangzhou Hezhi Investment, aiming to improve its cash position and alleviate debt pressures.
叶碧华 陈晓琪