On December 10, the bankruptcy administrator of Hengji Cement in Nanzhao County announced the results of the recruitment of pre-reorganization investors. As of December 3, only Nanyang Jufeng Building Materials has registered to pay a deposit of 300000 yuan and intend to issue a debt repayment fund of 6 million yuan, which is tentatively designated as a restructuring investor. It is reported that the company was established in 2007, registered capital of 10 million yuan, closed for nearly six years, has been insolvent, before entering the reorganization process.
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