On March 25, the People's Court of Yizhou District, Hechi City, Guangxi, issued a notice on the competitive selection of the bankruptcy administrator in the bankruptcy liquidation case of Yizhou Guangchi Cement Co., Ltd., saying that on November 18, 2025, the Court decided to accept the bankruptcy liquidation case of Yizhou Guangchi Cement Co., Ltd., and now decided to publicly select the bankruptcy administrator by means of competition.

According to reports, Yizhou Guangchi Cement Co., Ltd. was established on March 20 , 2014, and its business scope is cement production and sales. After preliminary examination, Yizhou Court accepted 11 civil cases with Guangchi Cement Company as the defendant, 17 execution cases with Guangchi Cement Company as the executed person, and executed more than 28.04 million yuan of the subject matter involved. All the above cases ended the execution procedure because Guangchi Cement Company had no executable property. According to
public information, the registered capital of the company is 100 million yuan, the legal representative is Dong Ming, and the company's main business is cement production and sales. The main shareholder of the company, Shandong Shengheng Cement Co., Ltd., holds 51% and Shandong Yuteng Cement Group Co., Ltd., holds 39%. The core production facility
of Yizhou Guangchi Cement Co., Ltd. is a 2500t/d new dry process cement clinker production line, which is a technical transformation project and will be completed for trial production in May 2020. The production line is equipped with a 4.5MW pure low-temperature waste heat power generation system project, with a total investment of 340 million yuan. The projects invested by the company also include a cement grinding station with an annual output of 600000 tons and a ready-mixed commercial concrete mixing station with an annual output of 600000 cubic meters.
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