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 4, the delegation of Hebei Building Materials Industry Association went to Shandong Cement Industry Association to hold a symposium. The two sides conducted in-depth exchanges and practical discussions on common issues such as the current operation characteristics of the building materials industry, changes in the market environment and industrial transformation and upgrading. This visit is a concrete practice of Hebei Association to actively innovate its working methods and serve the healthy development of the industry, aiming at learning from the advanced experience of other provinces and jointly exploring a new path for the high-quality development of the cement industry.