Pinocchio co., ltd.

Fujian Nuoqi Co., Ltd. is a professional clothing retailer with its own brand, and it is also the first "fast fashion" brand listed on the main board of Hong Kong stock market in China. It mainly provides casual and simple fashion clothes for young and middle-aged men aged 25-40, which are deeply loved by consumers. By the end of 20 13, 10 and 3 13, Pinocchio had set up hundreds of direct stores in dozens of provinces and cities across the country, with a total of 438 retail stores, including 225 direct stores and 2 13 franchised stores. 2065438+20041October 9, Fujian nuoqi co., ltd was listed on the main board of hong kong. 2065438+On July 23rd, 2004, Fujian Nuoqi Clothing was suspended. Before the suspension, its share price plummeted by 36%, hitting a new low, and its share price evaporated by nearly 60%. According to people familiar with the matter, Hui Ding, the president of the company, and Chen Ruiying, his wife, defrauded and owed a lot of money to many people, and now they absconded with the money.