Shanghai Xiaonan Guo Business Abnormality

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Radar Finance, according to the Tianyancha App, recently Shanghai Xiaonan Guo Hai Zhi Yuan Catering Management Co., Ltd. was added to the list of business entities with abnormal operations by the Shanghai Municipal Market Supervision and Administration Bureau because it could not be reached at its registered address or business premises.

The company was established in September 2004, with Wang Liang as its legal representative. Its registered capital is RMB 450 million. Its business scope includes catering management, catering, warehousing services, and others. It is wholly owned by Xiehe Global Development Co., Ltd.

According to media reports, on March 31, Shanghai Xiaonan Guo released a prepaid card refund plan and formally commissioned the Shanghai Single-Purpose Prepaid Card Association to handle the registration, disclosure, and processing of related refunds.

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