Is Yunyang Yixian really closed down?

Chongqing Yikouxian Industrial Co., Ltd. closed down from 20 15 for various reasons. The company dissolved the labor contracts with more than 400 people through negotiation on 20 15, and paid the salaries of more than 400 people, including petitioners. Due to lack of funds, Chongqing Yikouxian Industrial Co., Ltd. reached an agreement with employees to postpone the payment of economic compensation and issued a letter of commitment. The Human Resources and Social Security Bureau has repeatedly urged the company to fulfill its promise. Due to lack of funds, the company has not paid economic compensation to more than 400 people, including petitioners, and has visited Yunyang County Letters and Calls Office several times. The county petition office has also convened the county people's social security bureau, the county economic and information Committee, the county industrial park and other relevant departments to hold a coordination meeting and finally reach an agreement. Relevant departments guided more than 400 petitioners to apply in accordance with the relevant provisions of the Law of People's Republic of China (PRC) on Mediation and Arbitration of Labor Disputes. Closed down