# turnaround
Latest news and articles about turnaround
Total: 2 articles found
From Retail Crown to Cash Crunch: Can Metersbonwe Stage a Comeback?
Metersbonwe, once a Chinese retail heavyweight, posted a worsening 2025 outlook and mounting quarterly losses despite founder Zhou Chengjian’s return and high-profile livestreaming. Repeated share sales by the controlling shareholder have provided temporary liquidity but highlight chronic cash‑flow and strategic failures; a meaningful recovery will require deep operational and brand reinvention.
Anhui’s Jinzhongzi Struggles to Recover as Five-Year Loss Streak Deepens
Jinzhongzi, an Anhui-based baijiu maker, has forecast a 2025 net loss of RMB 150–190 million, marking its fifth consecutive year in the red. Heavy dependence on low-end products and Anhui sales, combined with a prolonged leadership vacancy despite a 2022 mixed-ownership reform with China Resources, have left the company struggling to adapt to industry premiumisation and channel shift.