Is shunfei technology bankrupt?

Yes, according to the official website, Shunfei Technology is a semiconductor company in Chinese mainland, headquartered in Nanjing, Jiangsu Province. At the end of 20 18, the company began to have financial difficulties due to debt problems, but it still failed to reverse the situation after repeated debt restructuring and financing. In the end, the company was ruled bankrupt and liquidated by the court in June 2020.