Is Xiao Maowen of Qingbaijiang bankrupt?

His assets are around 800 million yuan. Because Jintang School lost a lot of money and the capital chain was broken, he will not go bankrupt, and the district government will not let him go bankrupt. Most of his assets are fixed assets, just to see what business he wants to throw away. Banks are afraid of bank runs, not to mention him, his own company management has great problems.