Why did Siping Zhenghe Pharmaceutical Co., Ltd. close down?

Siping Zhenghe Pharmaceutical Co., Ltd. did not go bankrupt. According to public information, on April 8, 2022, Siping Jilin Ji Chun Pharmaceutical Co., Ltd. (hereinafter referred to as Ji Chun Pharmaceutical) was successfully listed in the national share transfer system for small and medium-sized enterprises, becoming the first new third board listed enterprise in Siping in recent five years (2065438-2008).