Shanghai Jiufeng Cement issued a notice of pre-recruitment of intentional investors. The case is still in the stage of bankruptcy liquidation, and the purpose of this recruitment is to explore the value and feasibility of enterprise reorganization, maximize the value of assets, and prepare for the subsequent procedure conversion. In June
2024, the Third Intermediate Court of Shanghai has decided to accept the bankruptcy liquidation of the company and appoint the administrator. Established in 1995 with a registered capital of 8 million yuan, the company is mainly engaged in the production and marketing of cement, mortar, slag powder and the distribution of building materials products.
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