Recently, according to a property rights trading platform, 100% of the shares of Anhui Ruida Concrete Company will be auctioned, with a starting price of 17.8972 million yuan. It is reported that the assets have been seized by the Fengtai County Court of Anhui Province. Established in 2005 with a paid-in capital of 20 million yuan, the company is the first professional concrete enterprise in Fengtai County. In 2023, the company also plans to build an expansion project with an annual output of 300,000 tons of dry-mixed mortar, with an investment of 76.64 million yuan.
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