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Ten bankrupt enterprises in Liaoning
Musical instrument factory, washing machine factory, food factory, etc. According to Netease official website, the top ten bankrupt enterprises are Northeast Musical Instrument Factory, Yingkou Washing Machine Factory, Liaoning Yingkou Refrigerator Factory, Yingkou Match Factory, Yingkou Knitting Factory No.2, Dalian Machine Tool Factory, Yingkou Brewery, Yingkou Knitting Factory No.1, Scenery Machinery Factory and Yingkou Automobile Factory. Bankruptcy means that when an enterprise is unable to pay off its due debts, is insolvent and obviously lacks solvency, it can apply to the people's court where the debtor resides for bankruptcy.
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