echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Over 50 billion debts, leading enterprises are blocked if they owe money! Do you want to close down?

    Over 50 billion debts, leading enterprises are blocked if they owe money! Do you want to close down?

    • Last Update: 2021-04-29
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    75em;">On October 12th, the No.
    10 people gathered at the door of Hebei Chenyang Industry and Trade Group Co.
    , Ltd.
    , and the industry was suddenly upset about Chenyang's debt has been postponed and not repaid.
    Some people even question that Chenyang's capital chain is broken? Is it going to go bankrupt?

    75em;">On October 12th, the No.
    10 people gathered at the door of Hebei Chenyang Industry and Trade Group Co.
    , Ltd.
    , and the industry was suddenly upset about Chenyang's debt has been postponed and not repaid.
    Some people even question that Chenyang's capital chain is broken? Is it going to go bankrupt?

    75em;">On October 12th, the No.
    10 people gathered at the door of Hebei Chenyang Industry and Trade Group Co.
    , Ltd.
    , and the industry was suddenly upset about Chenyang's debt has been postponed and not repaid.
    Some people even question that Chenyang's capital chain is broken? Is it going to go bankrupt?

    75em;">On October 12th, the No.
    10 people gathered at the door of Hebei Chenyang Industry and Trade Group Co.
    , Ltd.
    , and the industry was suddenly upset about Chenyang's debt has been postponed and not repaid.
    Some people even question that Chenyang's capital chain is broken? Is it going to go bankrupt?

    On October 12th, the No.
    10 people gathered at the door of Hebei Chenyang Industry and Trade Group Co.
    , Ltd.
    , and the industry was suddenly upset about Chenyang's debt has been postponed and not repaid.
    Some people even question that Chenyang's capital chain is broken? Is it going to go bankrupt?
    According to people familiar with the matter, Chenyang Shuiqi did not pay back the money it owed.


    Thousands of local people invested money (approximately 2 billion yuan), but did not get a penny back.


    75em;">Overdue debts are sweeping! The corporate capital chain is tight!

    75em;">Overdue debts are sweeping! The corporate capital chain is tight!

    75em;">Overdue debts are sweeping! The corporate capital chain is tight!

    75em;">Overdue debts are sweeping! The corporate capital chain is tight!

    75em;">Overdue debts are sweeping! The corporate capital chain is tight!

    Overdue debts are sweeping! The corporate capital chain is tight! The impact of the new crown pneumonia epidemic on the global economy is huge.


    It has reduced the originally rich and oily companies to "beggars", has let dying companies go bankrupt, and has also allowed companies that seized opportunities to catch the express train.
    The most obvious is that the epidemic has aggravated the industry's debt crisis.
    According to incomplete statistics, the two giants Valaris and Guangzhou Langqi alone have overdue debts of more than 50 billion.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.