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It's too sudden! Giants apply for bankruptcy protection this year, with stock prices plummeting by over 70% and maximum liabilities reaching 71 billion yuan. According to a report by Reuters cited by CCTV News, on September 17th local time, American home goods company Tupperware (TUP, stock price: 0.5099 USD, total market value: 23.73 million USD) announced that it has applied for bankruptcy protection. According to the bankruptcy documents submitted to the court by Tupperware, the company's assets range from $500 million to $1 billion, and its liabilities range from $1 billion to $10 billion (approximately RMB 7.1 billion to 71 billion).
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