After the establishment of the joint venture, in its actual future operations, it may face risks such as changes in the international coffee supply and demand, domestic and foreign economic conditions, market competition, production and operation management, etc., which may lead to uncertainty in investment returns.
On the evening of January , according to media reports, Li Gang, the representative appointed by Shanghai Yuangui Asset Management Co., Ltd., the executive partner of Shanghai Ethiopia, introduced that the price of the entire usa phone number list coffee bean industry will increase by % in . Ethiopian coffee beans are in short supply in some domestic coffee retailers. Coupled with the insufficient production of coffee beans, the price has risen.
Based on our judgment of the entire coffee bean market, we cooperated with Jiaojian Co., Ltd.
Public information shows that the main business of Jiaojian Co., Ltd. involves engineering construction, survey and design, testing and inspection related to highway and municipal infrastructure construction. The company was established on February , and listed on October , . The actual controller is Zhejiangborn private entrepreneur Yu Faxiang.
In recent years, Jiaojian Co., Ltd. has also tried to cross borders many times. Previously, the company attempted to cross over into photovoltaic module manufacturing by acquiring assets, but the transaction was terminated in July .