Cangxing Group’s current situation in 2022

The current situation of Cangxing Group in 2022 is bankruptcy. According to relevant public information inquiries, in 2018, Cangzhou Cangxing invested in shares to raise funds, but it was difficult to repay the funds raised. An employee of Cangzhou Cangxing invested 500,000 yuan in shares. At that time, it was said that the annual interest on the capital raised would be 30%. Later, it was written on the back of the ticket that it was shares. The headquarters of Cangxing Group did not agree and has been in arrears to this day and has filed for bankruptcy.