GAC Fick, on June 365438+1October 365438+1October, GAC Fick declared losses and filed for bankruptcy liquidation. Yuheng Pharmaceutical Co., Ltd., June, 2022 1 65438+1October1day, Yuheng Pharmaceutical announced that Harbin Intermediate People's Court announced in June165438+1October. Fukuda Baowo officially declared bankruptcy. 165438+1On October 29th, Beiqi Foton Motor Co., Ltd. issued an announcement about the court declaring Beijing Baowo Automobile Co., Ltd. bankrupt.
Bankruptcy refers to a legal system in which the creditor or debtor requests the court to declare bankruptcy and repay the debt according to the bankruptcy procedure when the debtor is unable to repay the debt or insolvent.