Recently, Foshan Huijiang Concrete Co., Ltd. issued a pre-recruitment announcement for restructuring investors. On April 8, 2026, the People's Court of Nanhai District of
Foshan City decided to accept the bankruptcy liquidation case of Huijiang Concrete Co., Ltd. of Foshan City. In order to maximize the value of the debtor's assets and increase the proportion of creditor's rights, the court openly recruited investors with the intention of reorganization.
Huijiang Company is one of the largest ready-mixed concrete production enterprises in Nanhai District, Foshan City. It has been deeply engaged in the industry for more than 50 years. At present, it has continued to operate under the supervision of the manager, and its production activities are running normally. This case is currently in the bankruptcy liquidation procedure and has not yet been transferred to the reorganization procedure. This announcement is of the nature of pre-recruitment.
Liabilities:
As of June 17, 2026, a total of 302 creditors have declared their claims, with a total amount of approximately RMB 24. The total amount of claims that have been reviewed and confirmed by the administrator is approximately RMB 620 million. Among them, there are 4 creditor's rights with property guarantee, about 143 million yuan; 103 ordinary creditor's rights, about 4. The remaining creditor's rights are being examined and confirmed by the administrator in combination with the verification of the audit institution. The above is the data of the first creditors' meeting, which is for reference only. The official report issued by the audit institution entrusted by the administrator and the creditor's rights confirmed by the people's court shall prevail.
The company holds the professional contracting qualification for ready-mixed concrete." It is the core access condition for enterprises to engage in concrete production and sales and participate in project bidding, and has a high industry threshold. The Manager has arranged the staffing required for the continued maintenance of the qualification by the remaining personnel to ensure that the qualification continues to be effective.
(3) Site and supporting facilities
Pingzhou Production Base covers an area of about 100000 square meters (about 150 mu) and has complete supporting facilities. It is one of the concrete production bases with the largest scale and the most complete supporting facilities in the South China Sea, including the thousand-ton wharf berth (with the advantages of amphibious transportation), closed aggregate conveyor belt, standardized laboratory, weighbridge metering system, ERP central control dispatching system, etc.
(4) There are 24 vehicles registered under the name of the vehicle and real estate
company, some of which are special vehicles for concrete production. In addition, the company owns about 300 properties, distributed in Foshan, Zhongshan, Guangzhou, Yangjiang and other places, some of which are rented out and generate rental income.
(5) Intellectual property rights
company has 18 valid patents, covering concrete production equipment, aggregate screening device, concrete compression testing device, environmental protection dust technology and other fields. "Huijiang" brand has a high reputation and reputation in the concrete industry of the Pearl River Delta.
(6) Foreign investment
companies have 36 foreign investment enterprises, of which 25 are still in existence, distributed in Foshan, Guangzhou, Zhongshan, Zhaoqing and Wuzhou, Guangxi, covering concrete production and sales, building materials trade, mining development, machinery and equipment leasing and other fields.
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