Why did Dechangxiang in Guizhou go bankrupt?

Management is not ideal. Dechangxiang can't increase the profits of listed companies because of its unsatisfactory operating conditions. At the same time, due to the consideration of the company's cash flow, it filed for bankruptcy and reorganization in September 20021. Guiyang Dechangxiang Pharmaceutical Co., Ltd. was once a modern manufacturing enterprise integrating drug research and development, production and sales.