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Is Danyang Kawei Group going bankrupt?

Yes. According to a query on the official website of Qixinbao, as of August 26, 2023, Danyang Kawei Group has 96 risks of its own, accompanied by judicial cases, enforcement of breach of trust, restrictions on high consumption, etc., resulting in a large turnover rate of company personnel and company welfare. Continuously declining, with a tendency to collapse.