Established in 2002, Hongjiu is one of the top three fruit sellers in China, and grew rapidly during the Covid pandemic, and capable of high revenue and profit growth between 2020 and 2022.

FAST NEWS: Hongjiu Fruit’s Chairman pledges 11% company shares

The Latest: Fruit distributor Chongqing Hongjiu Fruit Co. Ltd. (6689.HK) announced Thursday its controlling shareholder and chairman Deng Hongjiu has pledged another 3.9 million shares of the company as security for a loan totaling…