Ann: Yibin Tianyi Withdraw FIRB Application, page-143

On Yibin potentially pulling the pin. Only thing I have thought of is Yibin are now going to be short of cash in this COVD world. Media reports a few of the big chemical converters/battery firms are facing very tough times - high debt, asset sales needed.
Have Yibin over extended on financing and building their new plants? Or is CCP reigning in foreign spending in favour of directing capital to stimulate internal demand? Maybe Yibin still want the product as indicated - but no longer in a position to finance the thing?

Or maybe none of the above...