Bohai Steel Group initiates bankruptcy reorganization

The Higher People's Court of Tianjin ruled on August 24 to accept the application for bankruptcy reorganization of Bohai Steel Group from creditor Tianjin Seri Machinery Equipment Corporation Limited, and Bohai Steel Group formally initiated bankruptcy reorganization, which means that its reorganization and restructuring took a key step, and the disposal of equity and creditor's rights went on the road of marketization and rule of law.

Bohai Steel Group, as a large state-owned steel enterprise, was founded in 2010 and was integrated by Tianjin Iron and Steel Group Co., Ltd.Asian Metal CopyrightThe Higher People's Court of Tianjin ruled on August 24 to accept the application for bankruptcy reorganization of Bohai Steel Group from creditor Tianjin Seri Machinery Equipment Corporation Limited, and Bohai Steel Group formally initiated bankruptcy reorganization, which means that its reorganization and restructuring took a key step, and the disposal of equity and creditor's rights went on the road of marketization and rule of law.Asian Metal Copyright Tianjin Metallurgical Group Co.Asian Metal Copyright, and etc.Asian Metal Copyright, Ltd.Asian Metal CopyrightThe Higher People's Court of Tianjin ruled on August 24 to accept the application for bankruptcy reorganization of Bohai Steel Group from creditor Tianjin Seri Machinery Equipment Corporation Limited, and Bohai Steel Group formally initiated bankruptcy reorganization, which means that its reorganization and restructuring took a key step, and the disposal of equity and creditor's rights went on the road of marketization and rule of law.Asian Metal Copyright, and Tianjin Tiantie Metallurgical Group Co.Asian Metal CopyrightThe Higher People's Court of Tianjin ruled on August 24 to accept the application for bankruptcy reorganization of Bohai Steel Group from creditor Tianjin Seri Machinery Equipment Corporation Limited, and Bohai Steel Group formally initiated bankruptcy reorganization, which means that its reorganization and restructuring took a key step, and the disposal of equity and creditor's rights went on the road of marketization and rule of law.Asian Metal Copyright, Ltd.Asian Metal CopyrightThe Higher People's Court of Tianjin ruled on August 24 to accept the application for bankruptcy reorganization of Bohai Steel Group from creditor Tianjin Seri Machinery Equipment Corporation Limited, and Bohai Steel Group formally initiated bankruptcy reorganization, which means that its reorganization and restructuring took a key step, and the disposal of equity and creditor's rights went on the road of marketization and rule of law.Asian Metal Copyright, and etc.Asian Metal Copyright Tianjin Metallurgical Group Co.Asian Metal Copyright Influenced by many factors, the company fell into trouble in production and business operation in recent years and its bankruptcy reorganization involves 48 enterprises distributed in Tianjin and Hebei.

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