How did Shanghai and Decom go bankrupt?

The problem of funds. Shanghai Yunde Communication Technology Co., Ltd. is a well-known large-scale original design manufacturer of mobile phones and smart terminals in mainland China. Shanghai Yunde Communication went bankrupt because its company's capital chain was broken, resulting in the company being unable to continue operating, so it ended in August 2022. It announced its bankruptcy on March 30. The history of the entrepreneurial team began in 2007 and ended in 2010 when Yode Communications was established.