After years of cessation of operations and inability to repay debts, a cement plant went bankrupt and liquidated.

2026-04-13 13:38:40

The court held that Sanchuan Building Materials Company, as a debtor, applied for bankruptcy liquidation on its own, which conformed to the relevant provisions of the Bankruptcy Law. According to the facts ascertained, the applicant has stopped operating for many years, is unable to pay off the debts due, and has met the conditions for bankruptcy. To sum up, the bankruptcy liquidation application of Toksun Sanchuan Building Materials Co., Ltd. was accepted.

Recently, according to the civil ruling issued by the People's Court of Toksun County, Xinjiang Uygur Autonomous Region, the applicant, Toksun Sanchuan Building Materials Co., Ltd., applied to the court for bankruptcy liquidation on the grounds that the company had no effective operating assets and had completely lost its ability to liquidate and operate.

The court found that Sanchuan Building Materials Company was established on December 6, 2010 with a registered capital of 30 million yuan. Its business scope mainly includes the production and sale of cement and the sale of building materials. As of February 28, 2026, the Company has total assets of RMB 0 million yuan, total liabilities of 13427 of RMB 0.11 million yuan, and owner's equity-13427 of RMB 0.11 million yuan (including undistributed profit-16427 of RMB 0.11 million yuan). The Company is insolvent. In June

2017, the People's Court of Jimsar County decided to auction all the land, fixed assets and raw materials under the name of Sanchuan Building Materials Company as a whole, and delivered them to the buyer, Xinjiang Zhongtai Chemical Toksun Energy Chemical Co., Ltd., and all the proceeds were used to pay off debts.

The court held that Sanchuan Building Materials Company, as a debtor, applied for bankruptcy liquidation on its own, which conformed to the relevant provisions of the Bankruptcy Law. According to the facts ascertained, the applicant has stopped operating for many years, is unable to pay off the debts due, and has met the conditions for bankruptcy. To sum up, the bankruptcy liquidation application of Toksun Sanchuan Building Materials Co., Ltd. was accepted.

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Correlation

After years of cessation of operations and inability to repay debts, a cement plant went bankrupt and liquidated.

The court held that Sanchuan Building Materials Company, as a debtor, applied for bankruptcy liquidation on its own, which conformed to the relevant provisions of the Bankruptcy Law. According to the facts ascertained, the applicant has stopped operating for many years, is unable to pay off the debts due, and has met the conditions for bankruptcy. To sum up, the bankruptcy liquidation application of Toksun Sanchuan Building Materials Co., Ltd. was accepted.

2026-04-13 13:38:40

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Ningxia: Strictly implement the ultra-low emission transformation of cement and other industries

In order to further study and implement Xi Jinping's thought of ecological civilization, resolutely implement the deployment requirements of the State Council's Action Plan for Continuous Improvement of Air Quality, conscientiously implement the work arrangements of the Party Committee and the government of the autonomous region, and continuously consolidate the achievements of the year of tackling key problems in the protection and control of the ecological environment, on October 15, 2026, the State Council of the People's Republic of China decided to implement the plan. The People's Government of the Autonomous Region held a kick-off meeting on air pollution prevention and control in the winter and spring of 2026-2027. Vice Chairman Liu Jun presided over and delivered a speech. Members of the leading group of the construction of ecological civilization of the Party Committee of the Autonomous Region are responsible for comrades, members of the team of the Department of Ecological Environment and relevant departments and institutions.