Why did Beijing Huachuang Ark terminate its listing?

Economic problems. Beijing Huachuang Ark Technology Co., Ltd. was incorporated in Haidian Branch on March 20th, 2006. The legal representative is Shen Li, and the company's business scope includes technical services, goods import and export, technology import and export, and agent import and export. The company originally planned to go public in 2022, but due to huge economic consumption and problems in the capital chain, the economy could not support the listing conditions of the company, so it chose to terminate the listing and slowly return to the listing after the capital chain was restored.