Zhong Xuegao has been listed as a defaulter multiple times

Ask AI · Being repeatedly listed as a defaulter reflects what enterprise risks?

Radar Finance News reports that, according to media reports, on May 6th, an auction website showed that Zhongxuegao Food Company’s 508 intangible assets are being auctioned as a whole in their current state, with a starting price of 2.07 million yuan. The auction information indicates that this auction is part of a bankruptcy liquidation process, and the subject matter is bankruptcy property. In July 2025, Zhongxuegao Company filed for bankruptcy due to insolvency, and an insider stated that all intangible assets currently identified by Zhongxuegao have participated in this auction.

Tianyancha App shows that Zhongxuegao Food (Shanghai) Co., Ltd. was established in March 2018, with Lin Sheng as the legal representative, registered capital of approximately 1.2 billion RMB, and business scope including food sales, retail of edible agricultural products, retail of daily necessities, machinery equipment sales, enterprise management, catering management, enterprise management consulting, etc., wholly owned by Gloryseed HK Limited. Risk information indicates that the company currently has multiple restrictions on consumption orders, dishonesty enforcement persons (defaulters), and final judgment cases.