Why was Shanghai Jiuhao Hotel cancelled?

You are asking why Shanghai Jiuhao Hotel was revoked but not cancelled. Because the company failed to open for more than six months without justifiable reasons after its establishment, or shut down for more than six consecutive months after its opening, it was punished by Shanghai Jinshan District Market Supervision Administration and its business license was revoked.

but it has not been cancelled. Revocation without cancellation means that the business license of the enterprise is revoked, and the main qualification of the enterprise still exists, but the business qualification has been cancelled.

Shanghai Jiuhao Hotel, as a legal person, is also included in the list of untrustworthy persons, which restricts high consumption. The company also has contract economic disputes, and the business risks of the company are relatively high.