Sanyuan Construction is scheduled to hold a shareholder meeting on June 23rd, revealing deepening financial troubles within the company. The upcoming meeting follows reports of bounced checks and payment defaults linked to the Wang family, the company’s major shareholders. Multiple board members have resigned in response to the escalating crisis, signaling a lack of confidence in the company’s leadership and financial stability. Details surrounding the extent of the defaulted payments and the reasons for the resignations are expected to be discussed at the shareholder meeting. This situation raises concerns about the future of Sanyuan Construction and its ongoing projects. The company has not yet released an official statement addressing the specific details of the financial issues or the board member departures. Investors are closely watching for further developments and potential impacts on the company’s stock.