What is the reason for the increase in Jiangzhong Pharmaceutical’s liabilities in 2021?

Massive expansion and investment. According to the information displayed on the official website of Jiangzhong Pharmaceutical, Jiangzhong Pharmaceutical has carried out large-scale expansion and investment in 2021, which has led to an increase in the company's asset size and an increase in the company's liabilities. Affected by the COVID-19 epidemic, Jiangzhong Pharmaceutical's sales revenue has been affected to a certain extent, resulting in a reduction in the company's cash flow and the need to use debt to maintain operations. In addition, Jiangzhong Pharmaceutical will also face various operating pressures such as rising raw material prices and increased labor costs in 2021. These factors have also led to an increase in the company's liabilities.