Enterprise bankruptcy ≠ closing down! Can these cement plants be "rescued"?

On August 21, Anji Hongda Xingye Cement Co., Ltd. announced that on December 12, 2022, the People's Court of Anji County accepted the bankruptcy liquidation case of Anji Hongda Xingye Cement Co., Ltd. according to law.

Hongda Company include the National Industrial Product Production License issued by the State Administration of Market Supervision and Administration." Valid until August 19, 2024, the product is general cement 42.5, the production type is grinding station, the production line is a grinding production line, and the key equipment is 3.

At the same time, Erlian Menggao Cement Co., Ltd. The People's Court of Erlianhot City accepted the bankruptcy liquidation case of Erlian Menggao Cement Co., Ltd. with the ruling of (2023) Nei 2501 Po Shen No.3. After investigation by the administrator, Menggao Cement has certain reorganization value, so the administrator intends to publicly recruit reorganization investors nationwide. The existing assets

of Menggao Cement mainly include: 1. The industrial land with a land area of 40000 ㎡ (Erguoyong (2010) No.000139) and a term of use until July 16, 2047; 2. The cement plant (without certificate) and a batch of relevant mechanical equipment; 3. The production license qualification of cement products.

It is understood that recently, a number of enterprises have recruited bankruptcy reorganization investors on asset trading platforms around the country. This involves a number of cement

Yunnan Jiangchuan Cuifeng Cement Co., Ltd. recruits investor assets including two clinker lines

on July 24, "Yunnan Jiangchuan Cuifeng Cement Co., Ltd. Bankruptcy Liquidation Case Recruits Intention Investor Announcement" said that in order to maintain the operation or asset value of Yunnan Jiangchuan Cuifeng Cement Co., Ltd., the introduction of powerful investors will be the first step. It is more conducive to protecting the rights and interests of debtors and creditors, increasing the proportion of creditors'liquidation, and now the administrator is open to the whole country to recruit prospective investors.

Major assets include: 8 parcels of land, with a total area of 6. Except for one parcel of land and some equipment, all of them have been mortgaged.

, including a 4500 t/d NSP cement production line and supporting machinery and equipment. It was completed and put into operation in March 2019. At present, the 4500 t/d new dry process cement production line is in a state of shutdown.

A 2000t/d clinker production line was completed and put into operation in May 2011, and is now in a state of shutdown. After technical transformation, it will have the production conditions of 2500t/d clinker.

It is reported that Shanxi Teda Mining was established in September 2006 and is located in Xinzhou City, Shanxi Province." Its main business scope is: sales of bauxite, iron ore, cement, laboratory analysis instruments. Shanxi Teda Mining has a 4500t/d new dry process clinker cement production line. This project is a key project of two districts in Shanxi Province. It is the first large-scale industrial project in Shenchi County to attract investment and settle in Shenchi. In 2009, Shanxi Economic Commission identified it as a key project for industrial transformation and development. Construction started in 2009, with a total investment of 788.68 million yuan, and the project was completed in 2014. Affected by many factors, the project was completed but not put into operation. Two 2500t/d clinker production lines in Jinding,

Qinghai, have been shut down

recently. China Huarong Asset Management Co., Ltd. Qinghai Branch issued Qinghai Whereas China Huarong Qinghai Branch holds (including entrusted management) the creditor's rights of Qinghai Jinding Cement Co., Ltd., It is proposed to resume the production and sales of Jinding Cement through debt restructuring or bankruptcy reorganization, revitalize assets and solve the debt crisis.

The debtor Qinghai Jinding Cement Co., Ltd. is located in Hanzhuang Village, Yurun Town, Ledu District, Haidong City, Xining City, Qinghai Province. Its main business is the production and sale of cement clinker and cement. The debtor has stopped production since November 2018 due to the breakdown of the capital chain. The debtor's land, plant and equipment are leased to the outside world, because the debtor is involved in more litigation cases, as of the date of the announcement, it is still in a state of suspension of production.

It is understood that Jinding Cement has two 2500t/d new dry process cement clinker production lines, which can produce 1.8 million tons of cement clinker annually at full capacity and 2.4 million tons of cement annually.