Traditional Culture Encyclopedia - Photography and portraiture - Why did Putian Prince Dragon go bankrupt?

Why did Putian Prince Dragon go bankrupt?

The bankruptcy of Putian Prince Dragon Club was due to the use of a highly leveraged operating model, which resulted in high financial pressure.

1. Jingao Port, which plays a leveraged game in the Nanjing market, has high financial pressure and is treading on thin ice every step of the way.

2. The use of a highly leveraged operating model caused Wang Zihua and his Jingao Port Group to fall into a debt repayment crisis.