Why is the Chongqing-Ningbo Railway gone?

The reason why Yubo Railway disappeared was that Yubo Railway Company was heavily in debt. According to relevant public information, the shareholders of Yubo Railway Company are not active in capital contribution, and Yubo Railway Company is heavily in debt. Many debts are overdue and are beset with lawsuits. 20211The creditors of Apollo Railway Company filed a bankruptcy application with Xuchang Intermediate People's Court.