Cement net video: more than 1.4 million yuan of creditor's rights can not be repaid! A cement enterprise in Jiangxi was declared bankrupt!

2026-01-12 11:33:27

On January 10, according to the announcement on the relevant website, Shengda Cement in Duchang County, Jiangxi Province, was ruled bankrupt and terminated the liquidation procedure by the court on December 13, 2025 because it had no property to distribute.

On January 10, according to the announcement on the relevant website, Shengda Cement in Duchang County, Jiangxi Province, was ruled bankrupt and terminated the liquidation procedure by the court on December 13, 2025 because it had no property to distribute. The court found that the account under his name had no deposits to be deducted and no other assets to be executed, that the creditor's rights of more than 1.4 million yuan could not be repaid, and that the bankruptcy expenses of 1913.39 yuan could not be paid. 

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On January 10, according to the announcement on the relevant website, Shengda Cement in Duchang County, Jiangxi Province, was ruled bankrupt and terminated the liquidation procedure by the court on December 13, 2025 because it had no property to distribute.

2026-01-12 11:33:27

As the 2025 Framework Agreement will expire on 31 May 2026, it is currently expected that the transactions under the 2025 Framework Agreement will continue on a recurring basis. On 30 April 2026, Shanshui Cement Group entered into the 2026 Framework Agreement with CNBMG, Shandong Quanxing and Shandong Donghua to renew the 2025 Framework Agreement and the Annual Caps.