How did Fei Xun fall?

Unable to repay the debt. 20 18 Fixun announced that the company was declared bankrupt because it could not pay off its debts due, and its assets were not enough to pay off all its debts, nor did it have the conditions for restructuring and reconciliation. It is reported that Feixun is an intelligent hardware manufacturer, focusing on electronic communication products such as routers, body fat scales, smart speakers and TV boxes.