Million ton cement grinding station goes bankrupt!

According to the National Enterprise Bankruptcy Reorganization Case Information Network, the court found that Shehong Jialu Cement Co., Ltd. could not pay off its debts due, and its assets were insufficient to pay off all its debts, and it obviously lacked solvency. Since Jialu Company entered bankruptcy proceedings, there has been no application for reorganization or reconciliation by the relevant subject of rights. On May 12,

2025, Shehong Court, in accordance with the provisions of Article 2, paragraph 1, and Article 107 of the Enterprise Bankruptcy Law of the People's Republic of China, decided to declare the bankruptcy of Jialu Company.

According to the big data of cement, the company has two 500000 tons/year grinding stations.

On May 11, the Intermediate People's Court of Ordos City, Inner Mongolia Autonomous Region issued a civil ruling that the existing assets of Etuoke Banner Yongheng Cement Co., Ltd. were obviously insufficient to pay off the debts due, and there was no possibility of reorganization and reconciliation, and the ruling declared the bankruptcy of Etuoke Banner Yongheng Cement Co., Ltd.

At the same time, the assets of the two enterprises were also sold on a property rights trading platform, with a starting price of 39.16 million yuan and 10.69 million yuan respectively. Assets disposed of include land use rights, buildings, machinery and equipment, office furniture and electronic equipment.