Is the new generation of private network communication bankrupt?

Beijing New Generation Private Network Communication Technology Co., Ltd. was established in 2009 with a registered capital of 654.38 billion yuan. The company's main business is to develop broadband wireless private network multimedia communication access technology and key industry application technology under the condition of private network with the support of well-known domestic enterprises and institutions such as China Putian and Harbin Institute of Technology. The business involves the application of broadband wireless multimedia trunking technology, the development of true three-dimensional and two-dimensional geographic information systems (GIS), RFID technology, multi-band network heterogeneous technology, broadband wireless adaptive technology and other high-end fields. The company's broadband multimedia trunking wireless access service has been included in the national "new generation broadband wireless mobile communication network" major project, namely "broadband wireless access research and development and industrialization" subsystem.