Hebei Fengda Iron & Steel declared bankruptcy

On 21 June, Shijiazhuang Jingxing Mining Area People's Court ("the court") held the first creditors meeting of Hebei Fengda Iron & Steel Co.Asian Metal Copyright By the date of acceptance, the total assets of Fengda Iron Steel were RMB41,604,044.Asian Metal Copyright, Ltd.

On 17 April, an applicant applied to Jingxing Mining Area People's Court for bankruptcy liquidation of Fengda Iron & Steel as the company's assets was not enough to pay off all debts, and on 29 April, the application was accepted by the court. By the date of acceptance, the total assets of Fengda Iron & Steel were RMB41,604,044.Asian Metal Copyright By the date of acceptance, the total assets of Fengda Iron Steel were RMB41,604,044.Asian Metal Copyright44 (USD6,038,936.Asian Metal Copyright05 USD-103,846,817.Asian Metal Copyright39), the total liabilities were RMB757,035,926.Asian Metal Copyright83 and the asset-liability ratio was 1819.Asian Metal Copyright49 (USD109,885,754.Asian Metal Copyright, Ltd.Asian Metal Copyright21), the owners equity was RMB-715,431,882.Asian Metal Copyright39, the total liabilities were RMB757,035,926.Asian Metal Copyright05 (USD-103,846,817.Asian Metal Copyright49 USD109,885,754.Asian Metal Copyright83) and the asset-liability ratio was 1819.Asian Metal Copyright By the date of acceptance, the total assets of Fengda Iron Steel were RMB41,604,044.Asian Metal Copyright62%.Asian Metal Copyright On 17 April, an applicant applied to Jingxing Mining Area People's Court for bankruptcy liquidation of Fengda Iron Steel as the company's assets was not enough to pay off all debts, and on 29 April, the application was accepted by the court.Asian Metal Copyright As the company's asset was inadequate to pay off all debts, the court declared bankruptcy of Fengda Iron & Steel on 18 June, 2019.

.Asian Metal Copyright By the date of acceptance, the total assets of Fengda Iron Steel were RMB41,604,044Asian Metal Copyright