Ten years ago, when we talked about juice brands, we all thought of Huiyuan juice more or less. This family was once famous? Juice king? Today (65438+1October 18), a reputable enterprise once again ushered in a major business turning point: formal delisting. Five days ago, on the evening of 65438+1October 13, Huiyuan Juice announced that HKEx would be held on the morning of 20265438+1October 18 in accordance with Article 6.0 1A of the Listing Rules. Huiyuan Juice's delisting has to start with the suspension of trading three years ago. On March 18 and 19, Huiyuan Juice issued an announcement to expose a company's illegal loan behavior. ?

It is understood that this loan is a short-term loan of 4.275 billion yuan provided by Huiyuan Juice to its affiliated company Beijing Huiyuan Beverage from August 20 17 to March 20 18. ? Huiyuan Juice did not comply with the letter cover regulations of the Hong Kong Stock Exchange. Not only did it not have a cover letter, but it also failed to pass the approval of the board of directors, which is a major violation for a listed company. Huiyuan Juice was suspended from April 3, 20 18, and no remedial measures were taken in the later period. As Huiyuan Juice is listed on the Hong Kong Stock Exchange, according to the regulations of the Hong Kong Stock Exchange, if Huiyuan Juice fails to resume trading on or before 1 2020, the company can withdraw from the market. The HKEx Listing Committee subsequently decided to cancel the listing status of Huiyuan Juice on February 14 of that year. ?

However, it was not until 2002115 that HKEx Listing Review Committee announced the decision to maintain the delisting of Huiyuan Juice. This announced that Huiyuan Juice will be officially delisted on June 65438+1October 65438+August. Looking back at Huiyuan Juice, 1992, Zhu Xinli, then deputy director of Yiyuan Foreign Economic and Trade Commission, heard Xiaoping's speech on his southern tour and said that he wanted to develop faster. Zhu Xinli thought, if I don't quit my job and go to sea, I won't have a chance? . Encouraged by the wave of reform and opening up, 40-year-old Zhu Xinli resigned? Iron rice bowl? , took over the debt-ridden Yiyuan Canning Factory and established Huiyuan Food and Beverage Company.

During the period of 1997, relying on advertising, Huiyuan Juice quickly became a well-known juice brand in China in just a few years. Ten years later, Huiyuan Juice was listed on the Hong Kong Stock Exchange in February 2007, raising HK$ 2.4 billion, setting a record for the largest IPO that year. It rose by 66% on the day of listing, and its market value once exceeded HK$ 31300 million. ? Ten years later, Huiyuan Juice broke out in a corporate debt crisis, with debts of 10 billion yuan, and senior executives left collectively. By the end of the year, the debt of Huiyuan Juice had reached 65.438+065.438+40.2 million yuan. The following year, Huiyuan Juice was even involved in the payment storm of Pioneer P2P platform due to loan violations. Finally, from the beginning of glory to fall.