Recently, the People's Court of Haimen District of Nantong City issued a civil ruling declaring Haimen Puhai Concrete Products Co., Ltd. bankrupt.
The announcement said that on November 15, 2024, the administrator of Haimen Puhai Concrete Products Co., Ltd. Haimen Puhai Concrete Products Co., Ltd. has preliminarily confirmed the debt amount: 58184428.88 yuan, and the company is seriously insolvent. Request the People's Court of Haimen District of Nantong City to declare the bankruptcy of Haimen Puhai Concrete Products Co., Ltd. and terminate the bankruptcy proceedings. The People's Court of Haimen District
of Nantong City held that Haimen Puhai Concrete Products Co., Ltd. was seriously insolvent and unable to pay the bankruptcy expenses. Haimen Puhai Concrete Products Co., Ltd. was declared bankrupt and the bankruptcy proceedings were terminated. 
In addition, according to the information on the website of Haimen Administrative Examination and Approval Bureau, Haimen Puhai Concrete Products Co., Ltd. has built 300000 concrete projects in 2018, with a total investment of 50 million yuan and a construction area of 1200 square meters .
