Recently, the bankrupt assets of Xinxiang Ligu Cement Company and Henan Ligu Special Cement Company were auctioned for the fifth time, with a starting price of 15.5 million yuan, a 40% discount from the first 25.6277 million yuan. The target includes 88 sets of equipment, including one 300000 tons of white cement, two 500000 tons of general cement production lines and waste heat power generation, all of which are idle. It is reported that the two enterprises have been declared bankrupt by the court in December 2024.
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