Merger and reorganization of four concrete companies

2025-02-12 09:33:14

According to the investigation, before the bankruptcy reorganization, in addition to the higher economic benefits generated by the debtor's own production and operation, the annual rental income of only one production line can reach about 3 million yuan or be used to offset debts (for reference only, the reorganization investors should adjust themselves according to the market situation).

Recently, the National Enterprise Bankruptcy Reorganization Case Information Network showed that the People's Court of Lujiang County, Anhui Province, issued a civil ruling No.7 of Anhui 0124 on April 8, 2024. Anhui Wanchun Concrete Co., Ltd., Lujiang County Wanchun New Building Materials Co., Ltd., Lujiang Jianyou Special Concrete Co., Ltd., Lujiang Zhongli Special Concrete Co., Ltd. (hereinafter referred to as Anhui Wanchun Concrete Co., Ltd. and other four companies or debtors) was substantially merged and reorganized.

In order to safeguard the legitimate rights and interests of all creditors, debtors and other parties, effectively activate the debtor's assets, optimize the allocation of resources, and promote the smooth progress and success of the reorganization procedure, the administrator is now in accordance with the Enterprise Bankruptcy Law of the People's Republic of China and the provisions of relevant laws, regulations and judicial interpretations. Open to the public to recruit restructuring investors. After periodic verification by the

administrator, the debtor's assets mainly include buildings, structures, machinery and equipment, electronic equipment, vehicles, green seedlings, the right to use state-owned construction land, antique style buildings and commercial real estate. Up to the benchmark date of April 8, 2024, the total appraisal value is 12055 0.47 million yuan, of which the appraisal value excluding the antique style buildings and commercial real estate is 28.8855 million yuan. The

main business of the debtor is concrete production and operation, and there are three ready-mixed concrete production lines , which are in normal production and operation before the people's court accepts the bankruptcy reorganization and during the transitional period of reorganization. According to the investigation, before the bankruptcy reorganization, in addition to the higher economic benefits generated by the debtor's own production and operation, the annual rental income of only one production line can reach about 3 million yuan or be used to offset the debt (for reference only, the reorganization investors should adjust themselves according to the market situation).

All can be viewed after purchase
Correlation

This week, the pace of downstream resumption of work in most regions of China is still relatively slow, coupled with the unstable support of the cost side, the price of concrete has declined steadily. From February 17 to February 21, the national concrete price index closed at 100.27 points, down 1.76% annually and 19.23% year-on-year.