Concrete Video: Insolvent! A concrete company in Beijing declared bankruptcy

2026-02-25 14:04:28

The First Intermediate People's Court of Beijing declared the bankruptcy of Beijing Xinyuan Concrete Company on January 27, 2026.

Recently, the First Intermediate People's Court of Beijing announced that Beijing Xinyuan Concrete Company could not pay off its debts due, and its assets were insufficient to pay off all its debts. At the same time, there was no reorganization or reconciliation, and it had the legal conditions to declare bankruptcy. The company was declared bankrupt on January 27, 2026. 

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The First Intermediate People's Court of Beijing declared the bankruptcy of Beijing Xinyuan Concrete Company on January 27, 2026.

2026-02-25 14:04:28

Sichuan and Chongqing: Sichuan and Chongqing area. According to market feedback, the recent rainy weather in Sichuan is more, the market demand performance is general, the sales volume of enterprises is not good, and the price of raw cement is generally declining, the price of concrete is unable to support, and some areas are slightly following.