According to the announcement of the People's Court of Sanshui District, Foshan City, Guangdong Province, on March 17, 2025, the Court decided to accept the bankruptcy liquidation case of Hekou Cement Plant in Sanshui District, Foshan City, on the basis of Wu Guoan's application.
It was found that Hekou Cement Plant in Sanshui District of Foshan City was a collective ownership enterprise registered on December 27, 1982, and the registration authority was the Sanshui District Market Supervision and Administration Bureau of Foshan City. According to the asset verification and creditor's rights review conducted by the administrator on Hekou Cement Plant in Sanshui District, Foshan City, it has been confirmed that the total 589330493.15 of 8 creditor's rights is RMB. Hekou Cement Plant in Sanshui District of Foshan City is now unable to pay off the above debts, and obviously lacks the ability to pay off. No creditor has proposed reorganization, and the debtor has not proposed reorganization or reconciliation.
The Court holds that, according to the Supreme People's Court on the Application of the Enterprise Bankruptcy Law of the People's Republic of China According to the first paragraph of Article 1 of the Provisions on Several Issues (I), Hekou Cement Plant in Sanshui District of Foshan City is unable to pay off its debts due and obviously lacks the ability to pay off. Hekou Cement Plant in Sanshui District of Foshan City has the reasons for bankruptcy, and there is no possibility of reorganization and reconciliation. It meets the conditions for declaring bankruptcy and should be allowed to go bankrupt according to law. In accordance with the provisions of Article 107 of the Enterprise Bankruptcy Law of the People's Republic of China, the Court declared the bankruptcy of Hekou Cement Plant in Sanshui District of Foshan City on July 27, 2026.
About Hekou Cement Plant in Sanshui District of Foshan City, according to the data, in June 1984, Hekou Cement Plant succeeded in trial production, with an annual production capacity of nearly 300,000 tons, which opened up the situation of township enterprises in Sanshui County investing in cement plants. The development of cement has promoted the historic transformation of Sanshui from an agricultural county to an industrial county, and has made indelible contributions to the exploration and accumulation of Sanshui's industrial economy.
According to the industrial and commercial information, the business term of the enterprise has expired on December 30, 2018, and its business scope has been changed to "only for the purpose of clearing up the creditor's rights and debts of the enterprise". The number of social security personnel is 0, and it does not have the actual production capacity.
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