China News Service, February 28. According to an announcement issued on the official Weibo of Jiangsu Football Club on the 28th, all teams of Jiangsu Football Club have ceased operations.
The announcement stated, "With immediate effect, Jiangsu Football Club will stop the operation of the teams it belongs to. At the same time, it is expected that people of insight and enterprises from the society will discuss follow-up development matters with us on a larger scale."
Source: Weibo of Jiangsu Football Club