CEO response to Shareholders letter, page-29

What? that's not my finding, that's FriendlyDwarves finding (in his all consuming quest to discredit the company) all I did was put his search query into Baidu.

Not sure what you mean by the brand still existing? Even FriendlyDwarves doesn't doubt the existence of the stores, brand and business... he just thinks the numbers in the accounts are faked.

But anyway here's something for him to digest...
http://www.court.gov.cn/zgcpwsw/jiangsu/jsswxszjrmfy/wxscaqrmfy/ms/201504/t20150427_7611522.htm

Did you go through the numbers? When you extrapolate from one franchisee to the rest, do you get numbers about what is stated in the accounts?