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Why did Anjian Power Company go bankrupt?

Ankao Power Supply Co., Ltd., which was bankrupt and founded on February 24, 2004, is a green energy high-tech enterprise integrating production, R&D and sales, focusing on the design and research of power lithium-ion power supply system. On July 4, 2022, it was learned from the people's court that the total compensation paid by the company in bankruptcy liquidation cases was 909,333,438+06 yuan, followed by 65,438+065,438+04438+0082.77 yuan. As of July 8, 2022, the company went bankrupt and could not operate, which led to bankruptcy.