The bankruptcy of Shandong Quanlin was due to the wrong decision. The enterprise was registered in 1989, and the restructuring was completed in 2000. Since 20 17 years, due to mistakes in decision-making, excessive debts, chaotic management, and deep involvement in the guarantee circle, the enterprise's capital chain has completely broken and fallen into insolvency. Quanlin Group is a straw comprehensive utilization enterprise group with straw pulp products and straw-derived fulvic acid as the leading products. The core technology has well solved the world problem of straw treatment. One straw and two products is a unique model in the industry. The core products are natural paper, environmentally friendly lunch boxes, fulvic acid, etc. Other industrial sectors include thermoelectric, environmental protection, printing and catering services.