Why did Jiaxing Media withdraw from the stock market?

The company has poor management, poor performance and insolvency.

Jiaxing Media said: Jiaxing Media's main business is artist brokerage, investment, film and television drama and film production and distribution, business and derivative development, which is currently in a rapid development stage. Considering the reasons of long financing period and high information disclosure cost, in order to further improve the company's decision-making efficiency, reduce operating costs, accelerate the pace of financing and expand operations, after careful study, the company intends to apply for the termination of listing of its shares in the national share transfer system for small and medium-sized enterprises.

Jiaxing Media is a media company engaged in the planning, investment, production, distribution, operation and artist brokerage of film and television products.