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According to the Tianyancha app, on December 4th, Shanghai Siku E-commerce Co., Ltd. added a new bankruptcy review case. The court announcement shows that Qianhai Kubo (Shenzhen) Trading Co., Ltd. has applied to the court for bankruptcy liquidation of Shanghai Siku Company on the grounds that Shanghai Siku Company is unable to repay its due debts and clearly lacks the ability to repay them. It is worth mentioning that Shanghai Siku Company has been applied for bankruptcy review multiple times before.
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