Recently, the People's Court of Yutian County, Hebei Province, issued a public announcement on the selection of administrators in the bankruptcy liquidation case of Tangshan Quanfu Cement Co., Ltd. Founded in 2003
, Tangshan Quanfu Cement Co., Ltd. is located beside 102 National Highway in Gushu Town, Yutian County, with superior geographical position and convenient transportation, about 100 kilometers away from Beijing and Tianjin.
Tangshan Quanfu Cement Co., Ltd. is a limited liability company registered and established in accordance with the law, with a registered capital of 9.6 million yuan and a business term from December 6, 2002 to December 5, 2032. There are two shareholders in the company, of which the legal representative Liu Zemin holds 90% of the shares and Li Jianxin holds 10% of the shares. Later, due to the company's poor operation, production has not been resumed.
After preliminary examination, 72 cases can be found, and the amount to be borne by the court is 35969072.79 yuan, which does not include subsequent interest, liquidated damages, late fees and other expenses. The company's existing property includes land, real estate and equipment. The property of Tangshan Quanfu Cement Co., Ltd. can not pay off the debts due and the assets are insufficient to pay off all the debts.
