Collapsed in June 2018. Beijing Zhennong's operational difficulties began in 2015, when the company began to transform to engage in financial investment, and involved in real estate and other industries, but due to market fluctuations and poor risk control, resulting in huge debts and liquidity pressure, Beijing Zhennong also in the production of irregularities and hygiene and safety issues, but also subject to regulatory sanctions and public opinion attention, and finally, in June 2018, Beijing Zhennong was adjudicated by the court to go into bankruptcy and liquidation, and the company achieved a historic closure. Beijing Zhennong Group is a large-scale enterprise founded in 1987, and its main business includes meat processing, wholesale of agricultural products, catering services and other fields.