Chinese PPE supplier Kingfa Sci & Tech金发科技股份有限公司 said Sun that it has ended a contract for $975 million of KN95 masks with a US company, as the US buyer neither made any payment nor expressed willingness to continue the contract since it received the order in May. The stock of Kingfa dived nearly 8% at the opening of trading on Mon, as the company has not received 40% of the payment from its US customer on a KN95 mask deal worth $975 million. The order has since been terminated. Suckered by the US scoundrels again.
