Why did Zhuhai Fang Ya close down?

The reasons for the closure of Zhuhai Fang Ya are as follows:

1. The market competition is fierce. Zhuhai Fang Ya's main business is the production and sale of plastic products. The fierce competition in this industry, declining market demand and poor after-sales service have led to a gradual shrinking market share.

2. Poor management. There are some problems in the management of Zhuhai Asian Imitation, such as financial management confusion, management dereliction of duty and so on, which lead to difficulties in business operation and can not effectively cope with market changes.