{
  "docId": "019dd923-622c-750b-8b96-874267abd326",
  "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",
  "orientation": "portrait",
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  "pageNumber": 9,
  "pageCount": 13,
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  "nextPage": 10,
  "slideType": "villain_critique",
  "function": "diagnose_problem",
  "density": "sparse",
  "nDataPoints": 0,
  "notes": "The slide uses visual evidence to support claims of poor farm management and infrastructure quality.",
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  "slideHref": "/slides/019dd923-622c-750b-8b96-874267abd326/9",
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  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Bedding looks to be poor quality. Many farms try to use dirt instead of good sand. Cows will not be comfortable in dirt.",
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      "toolName": "Visual emphasis",
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      "kind": "image",
      "text": "Cowshed at Pengjiapu Modernized Cow Farm. Photos by MWC investigator.",
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      "kind": "image",
      "text": "Interior of cow sheds at Magang Farm (l) and Pengjiapu Modernized Cow Farm (r). Photos by MWC investigator.",
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      "kind": "list",
      "text": "Poor quality freestall loops and light duty appearance. Unlikely to last life of building, will lead to poor lying behavior, dirty cows, possible injuries. No evidence of slope on floors to prevent waste from accumulating in stagnant pools. Leads to dirty cows, foot disease, possible injuries. Bedding looks to be poor quality. Many farms try to use dirt instead of good sand. Cows will not be comfortable in dirt.",
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      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle",
      "beatSlug": "overcoming-monster-the-struggle",
      "evidence": "The document presents photos and descriptions of poor quality construction and design issues at Huishan's farms",
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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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      "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
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