Rumors said the Wang Tingjiang got financial crisis. and Unifood garanteed about 50mil debt for Wang. Wang Ting Bao, the director of Unifood is Wang's younger brother. And David Yip, another major shareholder of Unifood, is also very close to Wang Family. Unifood's parent company was held by Wang family, well know in Lin Yi, Shandong.
Sigh, had 4 lots of Unifood.
The fears about Chinese companies are going around. Many chinese companies are hit recently. Sigh. Really, dont want to touch chinese companies any more. stay away from them.
