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2014-12-08

Price Wars Sends Indebted Juliang Electric Technology CEO on the Run

Last Saturday evening, rumors began to surface on Chinese social media platform Weixin that Jiangmen Guojing Opto (國晶光電), a subsidiary of Juliang Electric Technology Group (Juliang), was being pressured by more than 100 suppliers to pay up. Shortly after the incident, suppliers lost contact with Juliang’s CEO, while suppliers formed a barricade around the factory entrance.
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