Hu Liren Says Liu Yonghao's Company Has Book Losses Over 80 Billion Yuan and Debt-to-Asset Ratio Above 70%

In his September 19, 2026 program, Hu Liren said that Liu Yonghao's company, which is in traditional industries such as animal feed, has a debt-to-asset ratio exceeding 70% and book losses that have reached over 80 billion yuan, and said this is the inevitable result of colluding and taking sides with the Chinese Communist Party (CCP).