Why did Jinke Real Estate file for bankruptcy?

The delivery of the house has been delayed.

According to the relevant information, it is normal for Jinke Real Estate to apply for bankruptcy due to the delay in delivery of forward delivery, which will happen to most housing enterprises.

Jinke Real Estate Group Co., Ltd. was established in 1998. After years of sustained and steady development, a comprehensive industrial operation led by real estate development and new energy development has been formed.