On January 10, the People's Court of Duchang County, Jiangxi Province, declared the bankruptcy of Duchang Shengda Cement Co., Ltd. on December 13, 2025 and terminated the bankruptcy liquidation procedure of Duchang Shengda Cement Co., Ltd., according to the announcement of the National Enterprise Bankruptcy Reorganization Case Information Network.
The announcement shows that the People's Court of Duchang County, on the basis of the application of Jiangxi Mining Daga Trading Co., Ltd., decided on September 25, 2025 to accept the bankruptcy liquidation case of Duchang Shengda Cement Co., Ltd., and found that the case was investigated by the administrator and considered by the first creditors'meeting of Duchang Shengda Cement Co., Ltd. Duchang Shengda Cement Co., Ltd. has no bankruptcy property available for distribution. According to the first paragraph of Article 120 of the Enterprise Bankruptcy Law of the People's Republic of China, the administrator requests the court to declare the bankruptcy of Duchang Shengda Cement Co., Ltd. and terminate the bankruptcy proceedings of this case. The People's Court
of Duchang County held that according to the administrator's report, the unopposed creditor's rights verified by the creditors' meeting and confirmed by the court's ruling are 1408724.31 yuan, which is clearly stated in the execution ruling (2024) Gan 0428 Zhi No.774. The Court inquired the bank deposit, real estate, vehicle, industry and commerce, housing accumulation fund, negotiable securities, insurance, financial management and other property information under the name of Duchang Shengda Cement Co., Ltd. through the network execution investigation and control system. The details are as follows: The account under the name of Duchang Shengda Cement Co., Ltd. has no deposit to be deducted. Our hospital has not found any other property available for execution in Shengda Cement Co., Ltd. of Duchang County.
According to the administrator's report, as of December 10, 2025, the bankruptcy expenses incurred in this case totaled RMB 1913.39 yuan, the actual liquidation was 0 yuan, the remaining 1913.39 yuan was not paid, and the total property available for liquidation of Duchang Shengda Cement Co., Ltd. was 0 yuan. Insufficient to cover the costs of bankruptcy. In accordance with the provisions of Article 43 and Article 107 of the Enterprise Bankruptcy Law of the People's Republic of China, the Court declared the bankruptcy of Duchang Shengda Cement Co., Ltd. and terminated the bankruptcy liquidation procedure of Duchang Shengda Cement Co., Ltd. on December 13, 2025.
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