Is Pinggu Yajishan Hotel bankrupt?

Bankrupt. Pinggu District, which belongs to Beijing, is located in the northeast of Beijing with a total area of 948.24 square kilometers. The terrain is high in the northeast and low in the southwest, belonging to the North Sanjiang River system of Haihe River Basin. Yajishan Hotel was declared bankrupt on August 5, 2022. The Pinggu Yajishan Forest Hotel, invested and built by Luowa Science and Technology Industry Group, is located near the scenic Pinggu Yajishan Scenic Area, attracting everyone's attention and hidden in the mountains. It was all the rage before bankruptcy.