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Why did Qi Jun Yang Fei cancel?

The company went bankrupt. Upon inquiry about the profile of Qi Jun Yangfei Culture Media Co., Ltd., it was found that the company went bankrupt due to the break of the capital chain, and the company was cancelled. Beijing Qi Jun Yangfei Culture Media Co., Ltd. was established in 2000, located in Beijing, and is an enterprise mainly engaged in radio, television, film and recording production. (now cancelled)