On January 8, the administrator of Pengchao Cement in Hefei issued a statement saying that the court had accepted the bankruptcy liquidation of Pengchao Cement in Hefei on November 20, 2025. Because the company had not handed over its official seal, contract seal, financial seal, legal person seal and business license, the administrator announced that the above-mentioned seals and certificates would be invalid from November 20, 2025. Unauthorized users will be held accountable.
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