Why doesn't Zhongtian Holding Group go public?

There is a shortage of funds. Zhongtian Holding Group Co., Ltd. is located in Zhongtianguokai Building, Chengxing Road, Hangzhou City, Zhejiang Province. Its main business scope is: industrial investment, investment management, enterprise management consulting and real estate development and operation. As of July 29th, 2022, official website, Zhongtian Holding Group, announced that it could not go public due to lack of funds, and the company would try to raise enough funds by integrating funds.