What's wrong with Tianjin Peng Ling rubber hose?

The management of Tianjin Peng Ling rubber hose holds shares at zero cost, which is considered as the reason for its failure by the industry. According to relevant public information, Tianjin Peng Ling Hose Co., Ltd., founded in 1988, is an automobile fluid pipeline manufacturing enterprise integrating design, research and development, production and sales, a national high-tech enterprise and one of the top ten enterprises in the industry.