Is ST Sanfang? Will the major shareholder's full stock pledge also cause Meijin to collapse?

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Another new scam has emerged. The major shareholder’s debt is overdue and has been judicially frozen.
Will the annual report contain a negative opinion?

Previously, the major shareholder of Sanfangxiang was investigated for capital occupation.

This time, with the major shareholder’s debt overdue, is there a possibility of capital occupation?

Because there are a large number of related-party transactions…

Meijin also has all shares pledged and engages in numerous related-party transactions.

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