Will He Zhong Cosmetics go out of business?

Zhou Cosmetics Co., Ltd. was established on 20 18, located in Guangzhou, Guangdong Province, and is a wholesale-oriented enterprise. The registered capital of the enterprise is 654.38 million yuan. As of July 1 1 day, 2023, the company was in good operating condition and there was no risk of bankruptcy in a short time. Bankruptcy, that is, legal bankruptcy, refers to the closure of enterprises or shops due to losses. High taxes, recession and other reasons led to the closure of the company.