Yihe was forced into receivership by food broker Resource One, which is owed $448,000 (€327,653) for product it sold to US retailers on behalf of Yihe. The company’s Seattle-area offices have been closed and the Qingdao Hairong Foods plant in China that processes product for Yihe – and which is owned by Steve Chen, who also owns Yihe – is operating or not operating, depending on who you believe.
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