Why did China Super Cable close down?

The major shareholder of Super League Holdings divested all the cable business of the company.

The reason for the collapse of China Super Cable is that the major shareholder of China Super Cable Holdings divested all the cable business of the company and will focus on operating the Zisha art trading platform, so China Super Cable closed down.

Zhong Chao Cable Company is a joint-stock company established by Jiangsu Zhong Chao Group. Is a company specializing in wire and cable research and development, production, sales and service.