Recently, "Nanzhao Hengji Cement Co., Ltd. Bankruptcy Pre-reorganization Investor Recruitment Announcement" was issued. It is reported that the company was founded in 2007, registered capital of 10 million yuan, has stopped operating for nearly six years, as of May 31, 2025, the company's total assets of about 12.79 million yuan, but the total liabilities of about 41.11 million yuan, has been seriously insolvent. On August 1 this year, the People's Court of Nanzhao County formally decided to accept the bankruptcy liquidation application of Hengji Cement in Nanzhao County. The bankruptcy application was filed by creditor Li Yunju because Hengji Cement failed to fulfill its obligation to pay about 522,000 yuan of project funds and interest as stipulated in the court's mediation letter.
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