Concrete Video: Only 0.25 yuan on Account? A concrete enterprise in Guangdong officially declared bankruptcy.

2026-06-29 09:13:10

Recently, the Guangdong Huizhou Intermediate Court ruled that Huizhou Jiuhua Concrete Company was declared bankrupt.

Recently, the Guangdong Huizhou Intermediate Court ruled that Huizhou Jiuhua Concrete Company was declared bankrupt. It has been confirmed that the total amount of creditor's rights of enterprises is about 4.197 million yuan. The administrator failed to take over the company's property, finance, seal and other information, and there were no valid assets such as real estate, vehicles and equipment under the name of the enterprise, and only 0.25 yuan was retained in the account without deduction value.

The administrator sued to recover the shareholder's withdrawal of capital contribution: the case of recovering the principal and interest of 200,000 yuan from the shareholder Jiuxing Building Materials was fruitless and ended; the case of recovering the principal and interest of 3 million yuan from the shareholders Jinjinlong Industry and Lan Zhinong was settled, only 1.5 million yuan was recovered, and the rest was exempted by the settlement.

In addition, the enterprise has no other repayable assets, is unable to pay off the debts due, and has no possibility of reorganization and reconciliation, so it declares bankruptcy according to law.

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Correlation

Recently, the Guangdong Huizhou Intermediate Court ruled that Huizhou Jiuhua Concrete Company was declared bankrupt.

2026-06-29 09:13:10

Recently, the People's Court of Shancheng District, Hebi City, Henan Province, issued a civil ruling showing that the property of Sanxin Cement Co., Ltd. in Hebi City was insufficient to pay the bankruptcy expenses, ending its bankruptcy proceedings and declaring bankruptcy.