Will Zunyi Yinglun International resume work in 2022?

Zunyi Yinglun International will resume work in 2022. Upon verification, the British International Project is located next to Yingbin Avenue of Nanguan Sub-district Office in Honghuagang District, with a total construction area of 330,000 ㎡, with buildings 10 and houses 1982. Due to the poor management of Fang Kai Company and the break of funds, the project has been stopped for many times, and it is impossible to deliver the house according to the contract. In 20 17, it was listed as a municipal problem building by the municipal party Committee and municipal government for adjustment and disposal. On April 22nd, 20021year, the office of the leading group for handling outstanding problems in the construction field of Honghuagang District (hereinafter referred to as the "District Three Houses Office") called the district court, the district public security bureau, the district judicial bureau, the district housing and construction bureau and the project working group to make a judgment, and decided to mobilize creditors or housing development companies to apply for bankruptcy and reorganization, urge the project to resume work through judicial means, and safeguard the interests of buyers. The project working group held several owners' meetings to inform the owners of the development of the interpretation work, and won the support of the vast majority of owners for bankruptcy and reorganization. Zunyi Zhi Heng Real Estate Development Co., Ltd. (hereinafter referred to as "Zhi Heng Company") agreed to start pre-restructuring and carry out related work. Under the coordination of the project working group, the shareholders' meeting of Zhi Heng Company decided to submit the application and scheme before reorganization to the court. The project working group, the temporary manager (Guiyang Yin Qian Law Firm) and the new employer (Shanghai Yinrui Shengjia Asset Management Co., Ltd.) completed the negotiations with the representatives of all parties, and the representatives of all parties issued letters of recommendation to the Honghuagang District Court. On September 2nd, 20021year, the Honghuagang District Court made a decision (Qian 0302 Poshen No.6) to pre-reorganize Zhi Heng Company. On February 28th, 2002112, the Honghuagang District Court accepted the reorganization application of Zhi Heng Company and made a ruling (Qian 0302 Po Shen No.6). On June 6, 2022, 65438, the Honghuagang District Court made a decision (Qian 0302 PoNo. 1) and appointed Guizhou Qian Ying Law Firm as the administrator during the reorganization of Zhi Heng Company. However, due to the failure of Shanghai Yinrui Shengjia Asset Management Co., Ltd. to inject funds in time as promised in the previous period and its refusal to provide fund guarantee, the project disposal could not be promoted. In order to speed up the disposal of project problems, Zhi Heng Company publicly recruited investors again on April 2, 2022, and the work is currently in progress. In the next step, Honghuagang District will continue to urge Zhi Heng Company to earnestly fulfill its main responsibilities, accelerate investment attraction under the leadership of management personnel, and introduce new investors to resume construction as soon as possible.