Is Zhejiang Yunxing World closed down?
Closed down. Zhejiang Yunxing Tianxia Network Technology Co., Ltd. experienced a capital chain crisis at the end of 20 19, and its employees were owed wages. Since then, the company has carried out several emergency financing and asset sales, but failed to effectively solve the funding problem. In May, 2020, the company announced the suspension of operation and began bankruptcy and reorganization.