Why doesn't Xingtai Xin Ying Security Company issue public funds?

The company doesn't have enough funds to pay the arrears of wages. Xingtai Xin Ying Security Service Co., Ltd., formerly known as Xingtai Xinying Baoan Technology Co., Ltd., was established in 1989 and located in Xingtai City, Hebei Province. It is an enterprise mainly engaged in commercial services. No one in Xingtai Xin Ying Security Company paid public funds because the company was short of funds and owed wages. After an eye-catching investigation, it was found that Xingtai Xin Ying Security Company had 25 lawsuits, involving 476,995,060 yuan, 38 court announcements and 12 filing information.