Summary | The court decided to end the restructuring procedure
and declared the firm bankrupt.It had 18,000 employees on its
books.The pany had filed for bankruptcy with the court in
December 2015.Sources with the court revealed in March that the
pany had over 14 billion yuan in liabilities.| People's Daily
Online | China.org.cn| CNTV | China.| Global Times | Ecns.cn | ...
and declared the firm bankrupt.It had 18,000 employees on its
books.The pany had filed for bankruptcy with the court in
December 2015.Sources with the court revealed in March that the
pany had over 14 billion yuan in liabilities.| People's Daily
Online | China.org.cn| CNTV | China.| Global Times | Ecns.cn | ...
en.ce.cn | 04 August 2017