Is it possible for Qinghai Huading to reorganize?

Yes

Because in the past, some listed companies were declared bankrupt by creditors and finally reorganized successfully.

Qinghai Huading Industrial Co., Ltd. was established in August 2008 1998+08, with its registered place at No.24, North Section of Jinger Road, Chengbei District, Xining City, Qinghai Province, and its legal representative is Yu.