Cement Net Video: Seriously Insolvent! A cement enterprise in Henan applied for bankruptcy liquidation.

2026-06-11 16:27:32

Recently, Tianyuan Cement of Henan Pingmei Shenma Construction Group applied to the court for bankruptcy liquidation because of its inability to pay off its debts due and lack of solvency.

Recently, Tianyuan Cement of Henan Pingmei Shenma Construction Group applied to the court for bankruptcy liquidation because of its inability to pay off its debts due and lack of solvency. As of April 30, 2026, the company's book assets were about 79.4689 million yuan, and its liabilities were about 102 million yuan, which was already insolvent. 

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Recently, Tianyuan Cement of Henan Pingmei Shenma Construction Group applied to the court for bankruptcy liquidation because of its inability to pay off its debts due and lack of solvency.

2026-06-11 16:27:32

On June 26, 2024, according to the application of Shanghai Yinxin Financing Guarantee Co., Ltd. (Hereinafter referred to as "Yinxin Guarantee Company"), the Third Intermediate People's Court of Shanghai (hereinafter referred to as "the Third Intermediate People's Court") issued a civil ruling (2024) Hu 03 Po 584. Ruled to accept the bankruptcy liquidation of Shanghai Jiufeng Cement Co., Ltd. (Hereinafter referred to as "Jiufeng Company or the debtor"), and appointed Shanghai Huitong Liquidation Affairs Co., Ltd. as the administrator of Jiufeng Company (hereinafter referred to as the "administrator") on July 8, 2024 with the decision (2024) Hu 03 Po 584.