Will Zhongke Lanxun break serve?

With the development of modern society, many companies have begun to change. Some companies are getting bigger and bigger, some will face bankruptcy, and some companies that want to go public will be terminated during the listing process. For example, Zhongke Lanxun’s projects are mostly electronic products, computer hardware, etc. , also has some import and export business and after-sales service.

1. What kind of company is Zhongke Lanxun?

Zhongke Lanxun Technology Co., Ltd. was established on December 19, 2016. The legal representative is Huang Zhiqiang. The company's business scope includes: general business items: technical development and sales of electronic products, computer software and hardware, and computer accessories; R&D and integrated circuit design: production and sales of integrated circuit chips; domestic trade; engaging in import and export business and related supporting after-sales services.

2. The value of Zhongke Lanxun

The company’s business is mainly concentrated in South China. The main business income from South China was 83.9305 million yuan, 629.6314 million yuan and 920.2667 million yuan respectively, accounting for 99.70%, 97.59% and 99.38% respectively. If the company's sales in South China change significantly in the future, it will have an adverse impact on the company's business development and production operations. Zhongke Lanxun stated that during the reporting period, benefiting from the rapid development of downstream industries, the company's operating performance grew rapidly, with operating income increasing from 84.4243 million yuan in 2018 to 926.79 million yuan in 2020, with a compound annual growth rate of 231.33%. When major adverse changes occur in the macroeconomy, industry development, downstream market demand, etc.

As can be seen from the above, the market value of Zhongke Lanxun is relatively high. During the development period, thanks to the development of downstream industries, the company's performance also grew rapidly. During the listing process, Zhongke Lanxun was affected by some unfavorable factors and some internal disputes within the company, which led to the termination of listing.