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Why did Xinhui Huaguan go bankrupt?

Xinhui Huaguan did not close down.

Jiangmen Xinhui Huaguan Knitting Factory Co., Ltd. was established on May 6, 2006. Its registered address isNo. 1, Donggong Avenue, Luokeng Town, Xinhui District, Jiangmen City, and its legal representative is Chen Tian. The business scope includes weaving, dyeing and finishing of high-grade fabrics. Engaged in terminal facilities management, cargo loading and unloading and warehousing in the port area (operating with the port business license).

(Projects subject to approval according to law can only be operated after approval by relevant departments) Jiangmen Xinhui Huaguan Knitting Factory Co., Ltd. has two branches.