1. Financial fraud: Coal Longji is a coal enterprise in China, which has attracted much attention because of its financial and operational problems. Among them, Longji of Pingdingshan Coal Industry was exposed to financial fraud, which caused the company's share price to plummet and affected the company's reputation and business development.
2. Illegal guarantee: Affected by environmental protection policies, the coal industry as a whole is facing greater pressure and challenges, and there is illegal guarantee in Pingdingshan Longji.