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17 Aug
08:49

Yongchang Steel advances bankruptcy process

Anning Yongchang Iron & Steel (Yongchang Steel) in Yunnan province is making progress with its bankruptcy reorganisation, Kallanish notes. The first creditors meeting will be held online on 15 October. Yunnan Anning Court accepted the application submitted by Yunnan Xieli Investment and Development on 30 July, and appointed the liquidation team of Yongchang Steel as the bankruptcy administrator on 7 August. In April this year, Hebei Jingye Group establis…
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