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Beijing Jingcheng Machinery Electric Co Ltd Class H ( (HK:0187) ) just unveiled an announcement.
Beijing Jingcheng Machinery Electric Co Ltd announced that its subsidiary, Tianhai Cryogenic, is undergoing liquidation proceedings following a petition by creditor Beijing Langhui Technology. The Beijing No. 1 Intermediate People’s Court has accepted the petition, citing Tianhai Cryogenic’s inability to settle its debts and apparent lack of solvency, which could impact the company’s financial stability and stakeholder interests.
More about Beijing Jingcheng Machinery Electric Co Ltd Class H
Beijing Jingcheng Machinery Electric Co Ltd is a joint stock company incorporated in China, focusing on machinery and electric products. It operates in the industrial sector, providing various machinery and electric solutions.
Average Trading Volume: 5,681,654
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.73B
Learn more about 0187 stock on TipRanks’ Stock Analysis page.