1. Operational difficulties or strategic errors: The closure is due to the difficulties encountered by Elegant Integrated Housing Company in the course of operation or the strategic errors made. Including insufficient market demand, fierce competition, high operating costs, product quality problems, poor management and other factors. In the face of difficulties, the management failed to take effective measures to adapt to market changes or correct wrong decisions, resulting in the company's shortage of funds, accumulation of losses, and ultimately unable to continue its operations, leading to bankruptcy.
2. Financial problems or debt crisis: the other is that elegant comprehensive housing enterprises have encountered financial problems or are facing a serious debt crisis. Due to the high debt burden, tight capital chain and investment failure, the company cannot continue to support. When the company can't repay its debts or creditors demand early repayment, it leads to bankruptcy liquidation or bankruptcy.