What happened to Fengxiang in Liaocheng?

Liaocheng Fengxiang's capital chain deteriorated further, and the equity control right was transferred by auction. Relevant information shows that on March 28, 2022, the company disclosed that the controlling shareholder Xin Fengxiang Holdings became the defendant due to overdue debts of affiliated companies, and its share price fell by 15.2%. June 65438+1October 65438+June 2022, Xinfengxiang Holdings, Fengxiang Group and Fengxiang Investment held a total of 70.92% of the equity of Fengxiang, and completed the judicial auction on Ali platform, with a total consideration of about13.72 million yuan. The company changed hands, and the fourth limited partnership of Taimeng Asia became the new controlling shareholder of the company.