Reasons for the closure of Jinan Forestry Building

Poor management, debt problems and fierce competition in the industry.

1. Poor management: It is reported that Jinan Forestry Building has been repeatedly exposed to problems such as wage arrears, power outages and water cuts. This shows that there are some business problems in the company, which may not effectively control costs and manage the company, resulting in poor management.

2. Debt problem: As there is no official announcement or report, some netizens speculate that Jinan Forestry Building may close down due to debt problems. Because there was not enough money to repay the debt, the company could not continue to operate in the end.

3. Fierce competition in the industry: The fierce competition in the commercial real estate market in Jinan may also be one of the reasons for the closure of the Forestry Building. Because other commercial real estate projects in the market are more competitive, it is difficult for the Forestry Building to compete with them and eventually close down.