Cement Network Video: Debt Exceeds 500 Million! Bankruptcy Reorganization of an Old Cement Enterprise in Sichuan

2025-11-12 11:22:23

Recently, the People's Court of Dayi County, Sichuan Province, accepted the bankruptcy reorganization application of Dayi Xianming Xiling Cement.

Recently, the People's Court of Dayi County, Sichuan Province, accepted the bankruptcy reorganization application of Dayi Xianming Xiling Cement. As of March 11, 2024, the total book assets of Xianming Company are 281 million yuan, the total liabilities are 543 million yuan, and the total owner's equity is-261 million yuan.

It is reported that Xianming Company, founded in 2006, has a production line with a daily output of 2500 tons of clinker and an annual production capacity of 1 million tons, with a full-load production capacity of 1.2 million tons per year, and is a key leading enterprise in Dayi County Industrial Zone. Due to the accumulation of a large amount of debt, it completely stopped production in March 2015.

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Recently, the People's Court of Dayi County, Sichuan Province, accepted the bankruptcy reorganization application of Dayi Xianming Xiling Cement.

2025-11-12 11:22:23

Lucky Cement is embarking on a wave of overseas expansion with a major capacity expansion project in the Democratic Republic of Congo (DRC) through its joint venture, Nyumba Ya Akiba. According to the plan, NYA will build a new cement production line with an annual output of 1.6 million tons.