SunMoon Food Company says it is exploring various fund-raising options and is now in talks with a "potential investor on a specific funding option", following news that the parent company of its controlling shareholder is in bankruptcy reorganisation.
The company, which operates foodstuff supply chains, has also set up an executive committee to look into the bankruptcy reorganisation of Shanghai Yiguo E-Commerce, Shanghai Winchain Supply Chain Management and Shanghai Exfresh Logistics.
