233 million in debt! Seriously insolvent! Another Concrete Company Declares Bankruptcy

2026-01-06 10:59:24

On December 26, 2025, the First Intermediate People's Court of Beijing announced that the property value of Beijing Xiangjia Concrete Co., Ltd. was not more than 13314950.31 yuan, which was not enough to pay off the 233468976 of its external debt of 74 yuan. Therefore, Xiangjia Concrete Company is unable to pay off its debts due, and its assets are supplemented to pay off all its debts, and there is no reorganization or reconciliation, and it has met the legal conditions for declaring bankruptcy.

On December 26,

2025, the First Intermediate People's Court of Beijing announced that the property value of Beijing Xiangjia Concrete Co., Ltd. was not more than 13314950.31 yuan, which was not enough to pay off the 233468976 of its external debt of 74 yuan. Therefore, Xiangjia Concrete Company can not pay off its debts due, and its assets are supplemented to pay off all its debts, and there is no reorganization or reconciliation, which has met the legal conditions for declaring bankruptcy.

Therefore, according to the relevant laws and regulations, the First Intermediate People's Court of Beijing declared the bankruptcy of Beijing Xiangjia Concrete Co., Ltd. on December 1, 2025.

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Correlation

233 million in debt! Seriously insolvent! Another Concrete Company Declares Bankruptcy

2026-01-06 10:59:24

CEMPI

97.02

-0.02 -0.02%

CONCPI

89.91

-0.09 -0.10%

CLKPI

98.02

0.00 0.00%

SPPI

44.88

-0.22 -0.49%

MORPI

73.32

0.00 0.00%

The net profit of Sifang New Material in the first quarter was 6.6592 million, turning losses into profits.

On the evening of April 29, Sifang New Material (605122) announced the first quarterly report of 2026, which showed that the company realized an operating income of 188 million yuan, a decrease of 24.22% over the same period last year. Benefiting from the increase in the gross profit rate of products and the effective control of expenses, the company realized a net profit of 6.6592 million yuan, successfully turning losses into profits; The total profit was 5.9285 million yuan, an increase of 451.68% over the same period last year.