Why did Shanghai Ding Feng Plastic Co., Ltd. close down?

The capital chain is broken, the competition is extremely low, and the losses are constant.

1. According to the enterprise information of Shanghai Ding Feng Plastics Co., Ltd., the current operating conditions of Shanghai Ding Feng Plastics Co., Ltd. have been cancelled. The capital chain was broken, and the plastic factory delayed paying back the money, resulting in less and less cash flow and insufficient funds, and finally regretted leaving.

2. Very low price competition. Internal management confusion leads to material waste, inefficiency, heavy work rework, customer deduction and so on.

3. In the case of continuous losses, shareholders can't bear to withdraw their shares, which will eventually form a chain reaction and then decide to close their positions and stop losses.