Concrete Video: Insolvent! A concrete company in Beijing declared bankruptcy

2026-02-25 14:04:28

The First Intermediate People's Court of Beijing declared the bankruptcy of Beijing Xinyuan Concrete Company on January 27, 2026.

Recently, the First Intermediate People's Court of Beijing announced that Beijing Xinyuan Concrete Company could not pay off its debts due, and its assets were insufficient to pay off all its debts. At the same time, there was no reorganization or reconciliation, and it had the legal conditions to declare bankruptcy. The company was declared bankrupt on January 27, 2026. 

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The First Intermediate People's Court of Beijing declared the bankruptcy of Beijing Xinyuan Concrete Company on January 27, 2026.

2026-02-25 14:04:28

From May 4, 2026 to May 10, 2026, the highest opening rate of cement kilns in all provinces in China is Tianjin, with the opening rate of 100.00%. The kiln opening rate of 50% and above is 83.33% in Hainan Province, 75.19% in Anhui Province, 71.19% in Hebei Province, 71.11% in Hubei Province, 69.95% in Shandong Province, 62.76% in Jiangsu Province, 61.64% in Henan Province, 60.32% in Zhejiang Province and 52.56% in Yunnan Province.