Jiangsu Hongtu High Technology Co., Ltd. Auditor Raises 'Going Concern' Doubt

Jiangsu Hongtu High Technology Co.,Ltd. is a China-based company principally engaged in the manufacture of electronics and the development of properties. The Company operates through three segments. Computer, Communication and Consumer Electronics (3C) Chain Retail Store segment operates self-owned chain stores under the label of Hongtusanbao. Its main products include computers, communication products and digital products, among others. Financial Service segment mainly develops platforms for third party payment. Industrial Manufacturing segment provides various products, which include fiber optic cables, wires and cables, stylus, micro and other types of printer equipment. Real Estate segment involves in the development and sale of Hongtu Shuishangyuan commercial residential project in Nanjing, Jiangsu province, China.