Tongzhifu Cement May Face Bankruptcy Crisis! The court publicly appoints the bankruptcy front-end administrator.

2026-06-23 10:15:34

In accordance with the provisions of the Enterprise Bankruptcy Law of the People's Republic of China, and with reference to the Provisions of the Supreme People's Court on the Appointment of Administrators in the Trial of Enterprise Bankruptcy Cases and the Provisions of the Shaoguan Intermediate People's Court on the Competitive Selection of Administrators in Bankruptcy Cases (Trial Implementation), The Institute decided to select the professional instructor of the bankruptcy front-end service center of Nanxiong Tongzhifu Cement Building Materials Investment Co., Ltd. by means of competition.

Recently, Shaoguan Intermediate People's Court issued the Announcement of Shaoguan Intermediate People's Court of Guangdong Province on Inviting Social Intermediaries to Compete for Professional Instructors of Bankruptcy Front-end Service Center.

The full text is as follows:

In accordance with the provisions of the Enterprise Bankruptcy Law of the People's Republic of China and with reference to the Provisions of the Supreme People's Court on the Appointment of Administrators for the Trial of Enterprise Bankruptcy Cases and the Provisions of the Intermediate People's Court of Shaoguan City on the Competitive Selection of Administrators for Bankruptcy Cases (for Trial Implementation), The Institute decided to select the professional instructor of the bankruptcy front-end service center of Nanxiong Tongzhifu Cement Building Materials Investment Co., Ltd. by means of competition. If the bankruptcy application is finally accepted according to law, and the creditor and debtor have not raised any objection and have not performed their duties improperly, the professional instructor of the bankruptcy front-end service center shall act as the bankruptcy administrator. Relevant matters are hereby announced as follows:

I. Conditions

for application The application institution is a social intermediary institution that has been selected as the first-level administrator of the Register of Administrators of Bankruptcy Cases in Guangdong Province, and receives joint applications, but each intermediary institution can only make one application, and can not make multiple combined applications. (See Annex 1 for other qualification requirements of the applicant).

2. Reporting method

The reporting institution shall submit the declaration form with official seal (see Annex 2 for details) and the letter of commitment of the professional instructor of the bankruptcy front-end service center with official seal (see Annex 3 for details) to the Second People's Court of the Court before 17:00 on June 30, 2026 (subject to the time of receipt by the court). Mailing address: Minerting, No.92, West Industrial Road, Wujiang District, Shaoguan City, Guangdong Province. The declaration institution shall submit the declaration materials in accordance with the above requirements, and those who fail to meet the requirements shall be deemed not to have submitted the declaration materials.

3. Selection method

(1) If only one institution declares and meets the requirements, the professional instructor of the bankruptcy front-end service center shall be randomly selected by means of shaking beads.

(2) If two or more institutions (including this number) declare and meet the requirements, the professional designated person of the bankruptcy front-end service center shall be determined in the qualified declaration institutions.

IV. Contact

Wang Lei, Liu Xinxin 0751-8468330 and 846825

hereby announce

that the professional instructor of the bankruptcy front-end service center is appointed

by the people's court. Bankruptcy administrator professionals stationed in the pre-service platform for bankruptcy filing, who specialize in providing professional guidance, risk diagnosis and procedural guidance for the whole process of bankruptcy for distressed enterprises, creditors and debtors, are the only official professional guidance role before bankruptcy filing.

About Guangdong Nanxiong Tongzhifu Cement Building Materials Investment Co., Ltd.:

Nanxiong Tongzhifu Cement Building Materials Investment Co., Ltd. is a cement production enterprise established in 2009. A 5000t/d clinker line was put into operation in December 2016.

All can be viewed after purchase
Correlation

In accordance with the provisions of the Enterprise Bankruptcy Law of the People's Republic of China, and with reference to the Provisions of the Supreme People's Court on the Appointment of Administrators in the Trial of Enterprise Bankruptcy Cases and the Provisions of the Shaoguan Intermediate People's Court on the Competitive Selection of Administrators in Bankruptcy Cases (Trial Implementation), The Institute decided to select the professional instructor of the bankruptcy front-end service center of Nanxiong Tongzhifu Cement Building Materials Investment Co., Ltd. by means of competition.

2026-06-23 10:15:34

On June 30, the Economic and Credit Department of Hubei Province announced four capacity replacement schemes for phosphogypsum acid co-production cement clinker projects, with a total annual clinker production capacity of 2.35 million tons, all of which are equivalent replacement projects, all of which come from Huaxin Building Materials, and all of which started construction within the year.