Is Shanghai Jingwei Land going bankrupt?

Established in 1996 and headquartered in Shanghai, No Jingwei Land Co., Ltd. is a specialized agency of Jingwei Group and Hong Kong Jingwei International Investment Holding Co., Ltd. responsible for the development of commercial and residential industries in Chinese mainland, and has won many honorary titles. The developed projects have won many awards, such as the United Nations International Habitat Contribution Award and the China Special Market Gold Award. After more than ten years' development, Jingwei Land has grown to total assets of over 10 billion and will not go bankrupt.