Bankruptcy liquidation! Assets Auction of a Cement Plant in Hubei

2026-05-11 13:46:44

Recently, according to a property rights trading platform, Gucheng CITIC Cement Grinding Co., Ltd. has transferred assets such as buildings, accessories, machinery and equipment, and (about) 54.8 mu of land use rights at a starting price of 13.5163 million yuan.

Recently, according to a property rights trading platform, Gucheng CITIC Cement Grinding Co., Ltd. has transferred assets such as buildings, accessories, machinery and equipment, and (about) 54.8 mu of land use rights at a starting price of 13.5163 million yuan.

It is understood that in March this year, the People's Court of Gucheng County, Hubei Province, issued a civil ruling to accept the bankruptcy liquidation application of Gucheng Industrial Investment Co., Ltd. for Gucheng CITIC Cement Grinding Co., Ltd.

After examination, the respondent CITIC Cement Company belongs to the bankruptcy qualified subject, which can not pay off the debts due, and its assets are insufficient to pay off all the debts, which obviously lacks the solvency. It ruled to accept the bankruptcy liquidation application of Gucheng CITIC Cement Grinding Co., Ltd. It is

also understood that the enterprise has a cement grinding production line, which is one of the nine cement grinding stations in Xiangyang City. In the first quarter of 2023, the enterprise was also listed as a key spot check object by Gucheng Branch of Xiangyang Ecological Environment Bureau.

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Correlation

Bankruptcy liquidation! Assets Auction of a Cement Plant in Hubei

Recently, according to a property rights trading platform, Gucheng CITIC Cement Grinding Co., Ltd. has transferred assets such as buildings, accessories, machinery and equipment, and (about) 54.8 mu of land use rights at a starting price of 13.5163 million yuan.

2026-05-11 13:46:44

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In order to further study and implement Xi Jinping's thought of ecological civilization, resolutely implement the deployment requirements of the State Council's Action Plan for Continuous Improvement of Air Quality, conscientiously implement the work arrangements of the Party Committee and the government of the autonomous region, and continuously consolidate the achievements of the year of tackling key problems in the protection and control of the ecological environment, on October 15, 2026, the State Council of the People's Republic of China decided to implement the plan. The People's Government of the Autonomous Region held a kick-off meeting on air pollution prevention and control in the winter and spring of 2026-2027. Vice Chairman Liu Jun presided over and delivered a speech. Members of the leading group of the construction of ecological civilization of the Party Committee of the Autonomous Region are responsible for comrades, members of the team of the Department of Ecological Environment and relevant departments and institutions.