No.
According to the official website of Xiaoyu Yilian, there is currently no official news indicating that Xiaoyu Yilian is about to close down. Xiaoyu Yilian is a company focusing on cloud video conferencing services. It has independently developed audio and video communication engines and audio and video processing technologies, as well as multiple core patents. The company has rich experience and strong technical strength in the field of audio and video communications, and its customers cover many industries such as government, education, finance, and medical care. Although the market competition is fierce, Xiaoyu Yilian has a certain brand influence and market share in the field of audio and video communications. Therefore, Xiaoyu Yilian is not about to close down.