What is the reason why Zhonglian Evaluation Company was punished for failing to pass the evaluation?

The reason for this is the following:

1. The evaluation assumptions that make up the future income forecast are obviously unreasonable, which leads to the overvaluation of the evaluation value.

2. Intermediaries are suspected of violating laws and regulations, which affects the assessment of China United and leads to its failure. China United Assets Appraisal Group Co., Ltd. (formerly known as China United Assets Appraisal Co., Ltd.), founded in 1997, is located in Beijing, and is an enterprise mainly engaged in business services.