According to the announcement of the People's Court of Weiyang District of Xi'an City, the property of Shaanxi Qinling Cement Group Xi'an Co., Ltd. is insufficient to pay off the bankruptcy expenses, and there is no bankruptcy property available for distribution. After liquidation by the administrator, the assets of Shaanxi Qinling Cement Group Xi'an Co., Ltd. are insufficient to pay off the bankruptcy expenses.
In accordance with the relevant provisions, it shall adjudicate its bankruptcy and terminate the bankruptcy liquidation procedure.
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