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Who took over the Zhuo Da Group?

Local government.

Hebei Zhuo Da Group declared bankruptcy in June 2020, and was taken over by the local government of Hebei on June 1 1, 2022, mainly engaged in the local real estate industry in Hebei.

Zhuo Da Real Estate Group Co., Ltd., referred to as Zhuo Da Group for short, was established in July 1993, and its current net assets exceed 1000 billion yuan.