According to official website of Jiangquan Group, Jiangquan Group officially declared bankruptcy on 20171kloc-0/0, with only one bankruptcy announcement.
Huasheng Jiangquan Group is a collective enterprise run by Shenquanzhuang Village, Luo Zhuang, Linyi City. Its predecessor was Luo Zhuang Town White Porcelain Factory founded by farmer entrepreneur Wang Tingjiang on 1987.