Why did Master Bao in Hefei close the shop?

Master Bao in Hefei closed the store because of bad business. According to relevant public information, the local economic development in Hefei has slowed down and consumer consumption has decreased, making Master Bao's business unhealthy and unsustainable. Due to fierce market competition, Master Bao's cost in Hefei increased, which led to his business difficulties and eventually had to close the store.