Why did Suzhou Mingshuo Computer file for bankruptcy?

The reason why the company filed for bankruptcy is that the company has cancelled its business license according to law and lost its legal personality.

Suzhou Mingshuo Computer filed for bankruptcy for different reasons. First, the bankruptcy of enterprises is related to many factors, such as market environment, industry trends, management and so on. Under specific circumstances, the reason why Suzhou Mingshuo Computer filed for bankruptcy is that the enterprise has cancelled its business license according to law and lost its legal personality, that is, the enterprise no longer meets the basic conditions for the establishment and operation of the company stipulated by law and cannot continue its legal operation.

This may be caused by the company's financial difficulties, shrinking business, poor management or other reasons. After the company's business license is revoked, it no longer has the qualification of a legal person and cannot continue to engage in business activities. This decision may be made after various considerations and evaluations to protect the interests of creditors and investors.