1: Market problem: Downstream users are depressed, resulting in reduced sales, overcapacity in the same industry and fierce market competition regardless of cost.

2. Difficulty in recruiting workers: due to the lack of skilled workers for a long time, production has been reduced.

3. Capital: Due to insufficient liquidity caused by bank loans, raw materials cannot be replenished in time, which leads to shutdown.

4. Technological innovation: because we didn't keep up with technological innovation in time, we were preempted by the new products of our peers.

5. If it is exported, it means that foreign orders have decreased.

There are also power shortages and declining sales efficiency. The above reasons are for reference only, and should be based on the actual situation and approved by the tax authorities.