Latest news and articles about executive departures
Total: 1 articles found
TianYouDe, a regional Qinghai baijiu producer, faces a management exodus and a sharp earnings collapse, with 2025 net profit forecast to slump by up to 90% while inventory sits at five years' worth of sales. Operational inefficiency, failed overseas expansion and weak distributor confidence have left the company exposed as national brands encroach and consumer demand cools.