Did Anhui Zhong Yi Group go bankrupt?

Anhui Zhong Yi Group went bankrupt. Anhui Zhong Yi Science and Technology Development (Group) Co., Ltd. (hereinafter referred to as Zhong Yi Group) and Sanya Mingyuan Real Estate Development Co., Ltd. (Mingyuan Company) applied to our hospital for merger, bankruptcy and reorganization on February 4, 20 19 due to long-term losses, difficulties in turning losses into profits, inability to pay off debts and insufficient assets to pay off all debts. It was found that Zhong Yi Group was incorporated in Anqing Administration for Industry and Commerce on April 1 2006. Nature of enterprise: joint-stock limited liability company (unlisted, invested or controlled by natural persons). Scope: production and sales of high-tech products; Investment in bioengineering and information industry; High-tech development, introduction and transfer; Development of high-tech agriculture; Real estate development, sales, etc. The registered capital is 88 million yuan. Mingyuan Company was established on Jun. 5438+065438+1Oct. 9, 2007 and registered in Sanya Municipal Market Supervision Administration. Nature of enterprise: limited liability company; Business scope: real estate investment and development, shopping mall investment, tourism project development, hotel management, indoor and outdoor decoration engineering design, agricultural development, sales of building materials and decoration materials, and earthwork. The registered capital is 20 million yuan. As a wholly-owned subsidiary of Zhong Yi Group, Mingyuan Company is confused with the employees of the parent company. At present, the main assets of Zhong Yi Group and Mingyuan Company have been sealed up by the people's court due to debt disputes, and they have been unable to operate normally, and the capital chain has been broken, making it impossible to pay off due foreign debts. 20 19165438+1On October 4th, the audit report of Anhui Zhongcheng Certified Public Accountants (2019) No.341stated that as of 2019 65438+. Companies included in the consolidated statements of Zhong Yi Group include the company headquarters, its subsidiaries and its wholly-owned subsidiaries (including two subsidiaries: Zhong Yi Group Bridge Branch, five households included in the consolidated statements of Zhong Yi Group, with total assets of 6,449,94613.21day and total liabilities of 84/kloc. We believe that Zhong Yi Group and Mingyuan Company, as enterprise legal persons, have the main qualifications to apply for bankruptcy reorganization. Because it can't pay off due debts and its assets are not enough to pay off all debts, it has bankruptcy reasons; Mingyuan Company, as a wholly-owned subsidiary of Zhong Yi Group, is in financial and personnel confusion with its parent company, Zhong Yi Group.