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

On June 30, the Economic and Credit Department of Hubei Province announced four capacity replacement schemes for phosphogypsum acid co-production cement clinker projects, with a total annual clinker production capacity of 2.35 million tons, all of which are equivalent replacement projects, all of which come from Huaxin Building Materials, and all of which started construction within the year.