Will Sinosteel Refractory Co., Ltd. go bankrupt?

It should be relocated on the grounds that it pollutes the enterprise and has already done so. Luoyang municipal government is not stupid to ask Luoyang for more than 400 million relocation expenses. If the business is not good, it can go bankrupt. Why did you give a bankrupt enterprise so much relocation expenses to Sinosteel for nothing? Therefore, the city basically ignored it and asked the environmental protection department to be stricter about the environmental pollution of enterprises. The implication is that the relocation cost of state-owned enterprise reform exceeds the local affordability and should be allocated by the central government.