April 3, 2025

Inability to pay off debts! Another batch of concrete companies have collapsed

According to the Intermediate People’s Court of Taiyuan City, Taiyuan Gaoyuanteng Concrete Co.

, Ltd.

is unable to repay its due debts and its assets are insufficient to pay off all debts.

flat steel lifting socket

According to Article 107 of the Enterprise Bankruptcy Law of the People’s Republic of China, Taiyuan Intermediate People’s Court declared Taiyuan Gaoyuanteng Concrete Co.

, Ltd.

bankrupt on March 13, 2025.

.