Core Viewpoint - Xunbang Intelligent (301112.SZ) announced that Guangzhou Xinde has been accepted for bankruptcy liquidation by the Guangzhou Intermediate People's Court due to its inability to repay due debts and insufficient assets to cover all liabilities [1] Summary by Relevant Sections - Bankruptcy Filing - The Guangzhou Intermediate People's Court has accepted the bankruptcy liquidation application of Guangzhou Xinde New Energy Components Co., Ltd. based on evidence submitted by the company [1] - The court's decision is in accordance with several provisions of the Enterprise Bankruptcy Law of the People's Republic of China [1] - Financial Condition - Guangzhou Xinde is unable to repay its due debts and lacks sufficient assets to settle all liabilities, meeting the criteria for bankruptcy liquidation [1]
信邦智能:法院裁定受理控股子公司破产清算申请