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What is the situation of Bikang in Xinyi, Jiangsu?
Bankruptcy reorganization. According to official website news, the Intermediate People's Court of Yan 'an City, Shaanxi Province ruled that Jiangsu Xinyi Bi Kang Xin Pharmaceutical Comprehensive Investment Co., Ltd. has entered the bankruptcy reorganization procedure. After accepting the bankruptcy application, the people's court shall lift the preservation measures related to the debtor's property and suspend the execution procedure. The Intermediate People's Court of Yan 'an City, Shaanxi Province has taken property preservation measures for all the shares held by Xinyi Bikang, Shaanxi Beidu New Materials Technology Co., Ltd. and Li Zongsong, and frozen all the shares under their names and the corresponding bad interest.
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