Reported 7 months ago
In a dramatic turn of events, a tech company in Shanghai, China, with over 800 employees, suddenly dissolved after the CEO fled due to debts totaling around 62 billion yuan (approximately 280 billion NTD). The company, Extreme Vision Galaxy Digital Technology Limited, was left in chaos as the CEO left a note stating inability to repay investors, ultimately choosing to escape. Employees were left shocked and uncertain about their future as the company announced closure following the CEO's disappearance, leaving many unpaid workers seeking legal recourse.
Source: YAHOO