After the bank acceptance bill of170,000 yuan issued by Industrial Bank Co., Ltd. to the defendant Ruonan Food Company expired, the defendant Ruonan Food Company failed to accept it on schedule.

Sichuan Ruonan Food Co., Ltd. is a key leading enterprise of agricultural industrialization in Sichuan Province, and also a modern science and technology private food processing enterprise. Mainly engaged in dried noodles and noodle products, including Longxu Noodles, medium-wide noodles, round source noodles, extra-wide noodles, egg noodles and more than 80 single products.