Is Yao Mingjun Nuo going out of business?

Yes, according to the survey, Yao Ming Giant is facing the risk of bankruptcy. The company's share price once fell by more than 30%, and finally closed at HK$ 4.26 per share, a decrease of 29.93%. Due to the withdrawal from the Hong Kong Stock Connect, Yao Mingjun Nuo faced financing difficulties and billions of unpaid outsourcing milestone payments. Therefore, Yao Mingjun Nuo is about to close down. Yao Ming Junuo is an independent innovation biotechnology company, focusing on the research and development, production and commercialization of cellular immunotherapy products, taking innovation as the guide, and committed to becoming a leader in the field of cellular immunotherapy.