A cement enterprise, which once owned 2400t/d clinker production line, officially declared bankruptcy

Recently, the Intermediate People's Court of Ordos City, Inner Mongolia Autonomous Region, issued a civil ruling declaring the bankruptcy of Etuoke Banner Hengzhuo Cement Co., Ltd. On June 19,

2025, according to the application of Inner Mongolia Third Electric Power Construction Engineering Co., Ltd., our court decided to accept the bankruptcy liquidation case of Etuoke Banner Hengzhuo Cement Co., Ltd.

It is found that the existing assets of Etuoke Banner Hengzhuo Cement Co., Ltd. are obviously insufficient to pay off all the debts due, and there are reasons for bankruptcy, so the administrator requests the court to declare the debtor bankrupt.

The Court holds that Etuoke Banner Hengzhuo Cement Co., Ltd. is unable to pay off its debts due and its assets are insufficient to pay off all its debts and there is no possibility of reorganization and reconciliation, which meets the conditions for declaring bankruptcy, and the administrator requests the Court to rule that the declaration of the debtor's bankruptcy conforms to the law.

In accordance with Paragraph 1 of Article 2 and Article 107 of the Enterprise Bankruptcy Law of the People's Republic of China, the Court declared the bankruptcy of Etuoke Banner Hengzhuo Cement Co., Ltd. on August 17, 2026.

It is reported that the enterprise was registered and established in the Market Supervision and Administration Bureau of Etuoke Banner, Ordos City, on December 6, 2006. The legal representative is Jiang Lanqin, the registered capital is 100 million yuan, and the enterprise type is limited liability company (sole proprietorship of legal person invested or controlled by natural person). Shareholder Etuoke Banner Xinyu Coal Carbonization Co., Ltd. holds 100% of the shares.

In addition, according to the release of Inner Mongolia Industry and Information Technology Office in July 2023, the company's cement clinker production line with a daily output of 2400 tons was transferred to Hunan Haolong Environmental Protection Building Materials Co., Ltd. The main production line equipment of Φ4.0 × 60 m rotary kiln and its auxiliary facilities have been completely dismantled, the site has been leveled, and the conditions for restarting and resuming production are no longer available.