According to the contents of the announcement, due to the creditor's rights advocated by the third party, the operation of Hongda Industrial Group has changed and it is unable to pay off the debts due. Assets are not enough to pay off all debts, and there is a lack of solvency. Hongda Industrial Group applied for bankruptcy liquidation, but Guangzhou Intermediate People's Court has not formally accepted it; If it is accepted by Guangzhou Intermediate People's Court, it is still uncertain to enter liquidation, reconciliation or reorganization procedures.
In terms of impact, Hongda Xingye said that the company has independent and complete business and independent operation ability, and is independent from the controlling shareholder in business, personnel, assets, institutions and finance. Hongda Industrial Group's application for bankruptcy liquidation this time will not have a significant impact on the company's daily production and operation. At present, the company's production and operation are normal.
Introduction to the business scope of Hongda Xingye:
1. In architectural decoration engineering, Hongda Xingye has rich experience and professional technical team, which can provide customers with high-quality design and construction services.
2. In electromechanical engineering, Hongda Xingye has a professional technical team, which can provide customers with comprehensive electromechanical engineering design and implementation services.
3. In terms of municipal public works, Hongda Xingye can provide customers with design and construction services for municipal public works such as roads, bridges and tunnels.
4. In terms of environmental protection projects, Hongda Xingye can provide customers with design and implementation services for environmental protection projects such as sewage treatment and garbage disposal.
5. In terms of water conservancy and hydropower projects, Hongda Xingye can provide customers with design and construction services of water conservancy and hydropower projects.