Recently, Tianyuan Cement Co., Ltd. of Pingmei Shenma Construction Group applied to the court for bankruptcy liquidation on the grounds that it could not pay off its debts due and obviously lacked solvency.
Relevant evidence shows that as of April 30, 2026, the balance sheet submitted by the company shows that the total assets are 79468885.98 yuan and the total liabilities are 102436308.


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