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Post-Valley Coffee Debt Crisis is How to Relieve Total Debt of $2 Billion
When it comes to the timely support of banks for enterprises to handle new loans and old loans, Xiong Xiangren's eyes are red: very moved! I didn't expect banks to be so bold and free to support enterprise development so quickly. At least within a year do not have to rack their brains to find a way to solve the problem of turning around funds, enterprises do not have to bear the high financial costs of private loans forward, finally can embark on the track of benign development. Xiong
2015-03-24 coffee debt crisis how relief total $2 billion -
Yunnan Hougu Coffee revealed that it was facing a debt crisis.
Xiong Xiangjin reporter Sun Xiaoyun photographed that it is the coffee harvest season in Yunnan. Xiong Xiangjin, chairman of Hougu Coffee, has been anxious for a long time: under the pressure of more than 2 billion bank loans, the capital chain is very tight, how to persist in the acquisition and protect the interests of 300000 farmers? To be honest, we hesitated for a long time, but at last we plucked up our courage and it was time to stand up and tell the truth. Yesterday afternoon, Xiong Xiangjin faced Quan
2015-02-10 Yunnan coffee self-exposure facing debt crisis Xiong Xiangjin reporter Sun Xiaoyun eye -
Power and money dispute between Hougu Coffee and PE
Since June 28th, Yunnan Dehong Hougu Coffee Co., Ltd. (hereinafter referred to as Hougu Coffee), the largest local instant coffee manufacturer in China, has finally returned to the negotiating table after months of stalemate with its PE investors.
2014-05-30 Hougu Coffee PE the struggle for power and money -
Is Hougu Coffee bankrupt? Dehong Hougu Coffee has been in debt of 2 billion yuan.
Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style) bank loans, liabilities totaling 2 billion yuan. After more than a month of self-struggle, Xiong Xiangren finally plucked up his courage and shook out the burden on his heart and enterprise. The founder of Hougu Coffee, the largest instant coffee manufacturer in China, did not hide it.
2018-06-01 Coffee bankruptcy Dehong payroll once debt 2 billion -
Hougu Coffee step Mai Tai is in crisis, called debt 2 billion, calls on banks to reduce pressure.
Bank loans and liabilities totaled 2 billion yuan. After more than a month of self-struggle, Xiong Xiangren finally plucked up his courage and shook out the burden on his heart and enterprise. The founder of Hougu Coffee, China's largest instant coffee producer, did not disguise the debt crisis faced by the company's high debt. Yesterday (February 9) afternoon, Hougu Coffee held a special news in Kunming.
2015-02-10 Coffee step too big crisis external debt 2 billion appeal bank decompression -
The total debt of Hougu coffee is as high as 2 billion yuan.
The total debt of Hou Gu Coffee reached 2 billion yuan, which came as a big surprise to the outside world. 80% of the time is spent on financing, dreaming about how to raise money to turn around. Xiong Xiangren said that as long as banks extend loans to us, private enterprises like Hougu can get out of the next financial crisis. Xiong Xiangren said that since the second half of 2014, Yunnan
2016-12-28 Coffee debt total up to 2 billion yuan 2 billion yuan coffee -
Classic bean grinder Xiao Xiong bear vacuum storage bean mill
Bear bear vacuum storage bean grinder unlimited grinding force, delicate fresh grinding, only a moment! 200W high-power and 304 stainless steel grinding knife can grind all kinds of beans at high speed, fresh grinding, fresh storage, fresh flavor every day. A machine in hand, the taste of strong fragrance can be found at will. Bear bear vacuum storage bean grinder can easily grind coffee beans, mung beans, sesame, chili, cumin and so on.
2015-12-16 Classic Bean Mill Bear bear vacuum Storage True -
After the infighting crisis of Hougu Coffee, the major shareholders are soft and want to be reconciled.
Our reporter Wang Prophet Beijing reported that Yunnan Dehong Hougu Coffee Co., Ltd. (hereinafter referred to as Hougu Coffee), China's largest local coffee company, has encountered the biggest crisis since its inception. Prior to this, Hougu Coffee was the first to announce that the bank had telegraphed Hougu Coffee many times that the new loan credit approval had been completed, but it needed the approval of the board of directors before lending, otherwise it could not be lent, and the investors
2014-04-27 Coffee infighting crisis shareholders softening reconciliation our reporter prophet Wang prophet -
ASEAN Coffee goes northward to enter the Chinese Market
Chinanews.com, Nanning, September 19 / PRNewswire-Asianet /-- the 11th China-ASEAN Expo was held in Nanning, Guangxi, from September 16 to 19. During this period, many coffee merchants from ASEAN countries and their agents in China exhibited and introduced coffee from ASEAN countries, trying to seize the Chinese market.
2014-09-23 Coffee news ASEAN coffee coffee market Chinese coffee market -
Hougu Coffee broke with VCs the plan to go public this year fell through.
Hougu Coffee, the largest local coffee company, has led suppliers to declare war on Nestle's trademark for coffee partners. Recently, it can be said that the founding team has officially broken with equity investment funds. The latter even said that Hougu Chairman Xiong Xiangjin has the possibility of absconding. There is no doubt that the plan to complete the listing within this year will fall through, and if the bank loans and debt ratio cannot be realized again.
2016-08-16 Coffee venture capital break this year go public plan fall through -
Hougu Coffee and venture capital break up within the year listing plan failed
As the largest coffee company in China, Hougu Coffee, which once led many suppliers to declare war on Nestle as a coffee partner trademark, has been in constant trouble recently. The founding team has officially broken up with the equity investment fund. The latter even said that Xiong Xiangjin, chairman of Hougu, may abscond with money. There is no doubt that the plan to complete the listing within this year will fall through, and if the bank loan cannot be realized, the debt ratio will not be realized.
2014-04-27 coffee venture capital break year listing plan ruin as homegrown big -
After the break between Hougu Coffee and Venture Capital, the listing plan of Hougu Coffee fell through this year.
Hougu Coffee, the largest local coffee company, has led suppliers to declare war on Nestle's trademark for coffee partners. Recently, it can be said that the founding team has officially broken with equity investment funds. The latter even said that Hougu Chairman Xiong Xiangjin has the possibility of absconding. There is no doubt that the plan to complete the listing within this year will fall through, and if the bank loans and debt ratio cannot be realized again.
2015-03-16 Coffee venture capital break this year go public plan fall through -
Coffee beans are unsalable. Canon Pan has the right to price.
Price control has always been a prominent feature of coffee bean cultivation and production in Yunnan, but this situation is expected to change. By the end of 2015, Yunnan coffee prices will not have to refer to those in the New York futures market.
2014-05-30 Coffee beans farmers unsalable pricing -
Yunnan Coffee Enterprises build Rural Public Service platform
To establish a set of effective platform model of rural socialized management public service system, which is popularly called party-building cooperative. Xiong Xiangren said that Hougu has implemented land transfer since 1998, and cooperatives have been established in the form of land circulation and anti-lease. At that time, the cooperative had two brands and a set of people, that is, the group leader of the villagers was the chairman of the cooperative.
2016-12-27 Yunnan coffee enterprise building rural public service platform -
Hougu Coffee faces the debt crisis and stops private lending
Yin Lei, a reporter from Kunming Daily, reported that at present, the loan size of enterprises is about 2 billion yuan, and the debt ratio is more than 50%. I think about financing almost 70% of the time. At yesterday's media meeting, Xiong Xiangren, chairman of Dehong Hougu Coffee Co., Ltd. (hereinafter referred to as Hougu Coffee), said. The main reason for Hougu Coffee to hold a media meeting is not as high as 2 billion yuan.
2016-06-25 Coffee face to face debt crisis stop private loan Kunming daily reporter -
"Hougu Coffee faces debt crisis" tracks two banks to untie Hougu Coffee loans.
Yesterday was Valentine's Day, and Hougu Coffee received the best gift: after paying attention to Hougu Coffee's call to confront the debt crisis, some banks approved the policy of providing short-term liquidity loans to Hougu Coffee and supported loosening the term of Hougu Coffee loan. On the 10th, this newspaper reported that "mired in the swamp of private loans to turn around funds, Hougu Coffee revealed that it was facing a debt crisis.
2015-02-15 Coffee face to face debt crisis tracking two behavior loan deregulation yesterday -
With its special geographical advantage, Yunnan may become the third largest coffee raw material distribution center in the world.
Xiong Xiangjin, president of Yunnan Coffee Association, said in an interview with reporters that with its special geographical advantages, Yunnan may become the third largest coffee raw material distribution center in the world. The west and south of Yunnan Province are located between 15 degrees north latitude and the Tropic of Cancer, and most areas are between 1,000 and 2000 meters above sea level. Because of the unique natural conditions, Yunnan has more than 98% of the coffee planting area in China, making it an Asian region.
2014-04-27 By means of special geographical advantages Yunnan Chengshi Jiedi three coffee raw materials set -
Xu Shaoxiong, the elder brother of TVB, spends millions to open a cafe for his beloved daughter!
Xu Shaoxiong, known as BENZ Xiong, has also opened a coffee shop! On January 1, 2021, Xu Shaoxiong posted a group of photos on social networking sites and said: do you like this place? Judging from the background of the picture, this place is the cafe where Xu Shaoxiong spent millions last year. On January 9, Hong Kong media also reported that Xu Shaoxiong had specially set up a health signboard in order to take care of his daughter's coffee shop business.
2021-02-05 TVB brother Xi Xu Shaoxiong invested millions loved daughter opened cafe jianghu -
Post-Valley Coffee debt follow-up Yunnan Hougu Coffee directly hit the debt crisis
Peng Jie, a reporter from China United Business Daily, reported that like many Yunnan entity enterprises, Hougu Coffee Company, a leading local coffee company, is in a serious debt crisis. Fortunately, Hougu Coffee was determined to take off the emperor's new costume of private lending, face the debt crisis and find a solution. Hougu faces the debt crisis despite the efforts of enterprises to do a good job in production and trade (2013
2015-04-01 Coffee debt follow-up Yunnan direct attack crisis China United Business Daily reporter -
Yunnan Hougu Coffee is mired in debt crisis and its listing plan is stranded.
As the largest coffee enterprise in Yunnan Province, Hougu Coffee fell into the debt crisis again after the dispute over the ownership of investors. The gap between the two is only two years, making Hougu Coffee's listing plan stalled again. Hougu Coffee's dream of sprinting the first share of Chinese coffee had to be extended again. Prosperity and loneliness always go hand in hand. As the leading enterprise of coffee industry in Yunnan Province
2015-02-12 Yunnan coffee deep depression debt crisis listing planning stranding as Yunnan Province