Why did Datang Tongzhou Technology cancel so many?

1. Poor management of the company: The poor management of Datang Tongzhou Technology Co., Ltd. led to problems such as tight capital chain and serious losses, which led the company to choose to cancel.

2. Fierce market competition: The market competition in the industry or field is so fierce that it is difficult for the company to survive and develop in the fierce competitive environment. Choosing to cancel is a strategy.

3. Funding problem: The company faces funding problems and cannot maintain normal operations. Cancellation has become a way to solve the financial problem.