How did Zhuhai Zhongzhu Xu Ryder go bankrupt?

The reasons for the bankruptcy of Zhuhai Zhongzhu Xu Ryder are as follows:

1. Shenzhen Intermediate People's Court ruled that Group I, the largest shareholder, could not pay off the debts due, and its assets were not enough to pay off all the debts.

2. A group holds 250 million shares of Zhongzhu Medical, accounting for 12. 1% of the total share capital, and will be auctioned by the judicial authorities from August 4th 10 to August 5th 10. Zhongzhu Medical announced the above information on July 19 and July 20 respectively.

3. Zhongzhu Medical indicated that the bankruptcy of a group ruled by the judiciary will not affect the company's production and operation, but the result of its asset disposal is still uncertain. At present, the shareholding ratio of shareholders holding more than 5% of the company's shares is close, which does not rule out that there is great uncertainty in the future change of the company's control rights.