Zhong Xuegao has been petitioned for bankruptcy.

On July 16th, Zhongxuegao Food Co., Ltd. added a bankruptcy review case, with the applicant being Shanghai Zhenliao Trading Co., Ltd., and the court handling the case being the Third Intermediate People's Court of Shanghai. According to the case notice, it was found during the execution by the court that Zhongxuegao could not repay its debts due and its assets were not sufficient to repay all debts. At the request of creditors, the court suspended the execution and transferred the case of the debtor to undergo bankruptcy filing review. Public information shows that Zhongxuegao started on an online platform in 2018, and subsequently launched several ice cream products with a unit price of over 50 yuan, with the highest unit price of ice cream reaching 66 yuan. Later, it gained attention due to the "Ice Cream Assassin" label. Currently, only three flavors of ice cream, such as light milk and cocoa, are available for sale on Zhongxuegao's online platform.