{
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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 uses photographic evidence to support qualitative observations about facility maintenance and construction standards.",
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      "text": "Steel supports and purlins look like they may be rusting, this would shorten barn life considerably",
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      "kind": "image",
      "text": "Cow beds on Magang Farm. Photo by MWC investigator.",
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      "kind": "image",
      "text": "Interior of Cow Shed on Magang Farm. Photo by MWC investigator.",
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      "text": "No evidence of spray systems over the backs of cows to keep cows cool in the summer heat.",
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      "text": "Steel supports and purlins look like they may be rusting, this would shorten barn life considerably\nLightweight steel construction, which could be ok given the low roof (but presents a separate problem, see above)\nBrick barn ends – no strength and easily damaged by equipment.\nLow quality concrete work\nPoor quality water troughs, poorly installed.",
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      "kind": "title",
      "text": "Overall Construction Quality:",
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      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle",
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      "evidence": "The document presents photos and descriptions of poor quality construction and design issues at Huishan's farms",
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