Why did Lishan Investment close down?

The reason why Lishan investment closed down was illegal behavior. On the morning of June 5438+1October 25th, 2022, the defendant Lishan Investment Group and the defendant Hu Qifeng illegally absorbed public deposits, which was illegal fund-raising. The case was publicly pronounced in the court of first instance of a court. Because of this illegal act, the company closed down. Lishan Investment Group Co., Ltd. was established in February 2009. The company is located in Pu Zhong Road, Lucheng District, Wenzhou City, Zhejiang Province.