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  "docSlug": "82a540401996",
  "documentTitle": "China Huishan Dairy Holdings (6863.HK)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2016-12-19 00:00:00",
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  "notes": "The slide serves as visual evidence for a research note, likely highlighting operational or maintenance failures at specific farm sites.",
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      "kind": "image",
      "text": "Close-up of a calf in a small shed at Xiushui Modern Dairy Farm.",
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      "kind": "image",
      "text": "Aerial view of Wangjia Farm showing rusting roof panels.",
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      "kind": "source-note",
      "text": "Pengjia's farm is owned by Chairman Yang's Shenyang Dairy Co. and leased to Huishan. However, the operating entity Pengjia Farming is a Huishan Company.",
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