Latest news and articles about strategic pivot
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Meike Home Furnishings, a listed leader in China’s high‑end furniture market (600337.SH), has been accused of withholding months of employee wages and directing staff to sell company products to offset pay arrears. The revelations come as Meike posts continued losses, suspends two Tianjin subsidiaries, and pursues a controversial acquisition of a high‑speed cable maker as part of a strategic pivot into tech.
