Taian Huatong Group is a company mainly engaged in automobile parts manufacturing. Expand business in recent years, such as setting foot in real estate development and other fields. However, the company seems to have encountered some difficulties recently. There is something wrong with the financial situation of Taian Huatong Group. The company's revenue in 2022 was 65.438+65 billion yuan, and its net profit was only 720,000 yuan, down 99.4% year-on-year. The company is also facing the debt problem, with the total debt reaching 2.27 billion yuan and the asset-liability ratio as high as 74.5%.