Why did Zhejiang Bada go bankrupt?

The capital chain is broken. Zhejiang Bada Co., Ltd. was incorporated in Zhejiang Administration for Industry and Commerce on1October 26th, 1993+065438. The legal representative is a child. On August 4th, 20021year, the inventory accounts receivable of Zhejiang Bada increased greatly, which occupied the working capital and led to the break of the capital chain of Zhejiang Bada. On August 4, 2022, Zhejiang Bada declared bankruptcy due to gold chain fracture.