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Why didn't Qipai go public?

The market prospect is not good. According to national business daily, Hong, the chairman of Qipai Group Co., Ltd., said that his original listing plan in Hong Kong had changed due to the poor market prospect. Qipai Group Co., Ltd. has been adhering to the corporate mission of "making China fashion pass on in the world" and comparing it with the world with "Qipai Men's Wear".