Why did Zhuhai Boya Technology cancel its listing?

1. In the sponsorship business, due diligence on income confirmation, core technology and R&D expense accounting of individual project issuers is insufficient.

2. In the bond underwriting business, the due diligence of individual projects on the issuer's debt, external guarantee, solvency, related party transactions, major arbitration, litigation and other major issues and contingencies is not sufficient.

3. In the asset securitization business, the due diligence on individual projects of the original creditors and custodians is insufficient, and the due diligence report does not include the due diligence on important debtors; Long-term management failed to supervise and inspect the cash flow of basic assets, found no major issues related to the cash flow of basic assets and issued a temporary announcement. Zhuhai, a prefecture-level city and sub-central city in Guangdong Province, is a second-class big city.