no. Foshan Nanhua Instrument Co., Ltd., founded in 1996, is a private joint-stock high-tech enterprise. According to the inquiry data, the group shows no signs of going bankrupt, so it is not going bankrupt. The company was selected as the "Little Giant" enterprise specialized by the Ministry of Industry and Information Technology and the national invisible champion of Foshan and Nanhai manufacturing industry. Foshan leading enterprise in sub-sectors, Guangdong abiding by contracts and honoring credit, Top Ten Growth Enterprises in Growth Enterprise Market, Top 1 Manufacturers in China Auto Maintenance for 4 years and other honorary titles.