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.

All can be viewed after purchase

Correlation

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

2026-01-06 10:59:24

CEMPI

102.01

+1.6 +1.59%

CONCPI

86.65

-0.03 -0.03%

CLKPI

105.00

+2.12 +2.06%

SPPI

41.98

+0.35 +0.84%

MORPI

71.83

0.00 0.00%

Jiangxi Provincial Department of Industry and Information Technology: Implementation Rules for Abolishing Capacity Replacement of Cement and Glass Industry in Jiangxi Province

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.