The headquarters building of Suning Group is seen in Nanjing, East China's Jiangsu province, July 6, 2022. Recently, there are rumors in the market, suppliers to the court to apply for suning Tesco (ST, 00207.sZ) bankruptcy liquidation. As of December 31, 2021, suning Group's total liabilities reached about 139.709 billion yuan, with an asset-liability ratio of 81.83%.
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