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Will Beijing Express go bankrupt? The latest news
No, according to Beijing Express official website, as of June 4, 2023, Beijing Express has released the latest news that it will save 225 million US dollars in operating costs through layoffs, and the company will not consider filing for bankruptcy. Beijing Jingyuntong Technology Co., Ltd. was established on August 8, 2002 with a registered capital of 859,770,272 yuan. It is a high-tech enterprise with photovoltaic equipment manufacturing business as its core, and photovoltaic equipment, crystal silicon growth and wafer business complement each other.
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