On December 23, Xinjiang Changxiang Cement was filed for bankruptcy by the Changji Tax Bureau of the State Administration of Taxation. It is reported that the company was founded in 2009, with a registered capital of 49 million yuan and a legal representative of Ou Changming. Its business scope includes cement products manufacturing and sales, slag processing and sales, etc. At present, the company has been in a state of closure.
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