Will the subsidiary of Shangrao Chengtou go bankrupt?

No, according to the information of Shangrao Chengtou official website, the subsidiary of Shangrao Chengtou will not go bankrupt. Shangrao City Construction Investment and Development Group Co., Ltd. (formerly Shangrao City Construction Investment and Development Co., Ltd.) was established in 2002. It is a road transport enterprise with a registered capital of 3 million yuan and paid-in capital of 654.38 million yuan.