Why did Jingzhou Municipal Government directly participate in the bankruptcy liquidation of listed company Le Kai Science and Technology?

In order to protect the legitimate rights and interests of the public. Because Le Kai Science and Technology is an enterprise that owes huge debts to government agencies and the public, its debt default has seriously affected social stability. In order to protect the legitimate rights and interests of the public and maintain market order and social stability, Jingzhou Municipal Government intervened in the bankruptcy liquidation of Le Kai Science and Technology.