Who bought Jin Wang Bismuth Industry?

Jin Wang Bismuth Industry was not acquired, but reorganized. Chenzhou Intermediate People's Court made a civil ruling on July 3, 2020, ruling that Hunan Jin Wang Bismuth Industry Co., Ltd., Hunan Xiangyun Fine Chemical Manufacturing Co., Ltd. and Hunan Wangjin Xigui Pharmaceutical Co., Ltd. merged and reorganized, and appointed Deheng Law Firm as the administrator.

1. Jin Wang Bismuth Company filed for bankruptcy.

Jin Wang Biye Xianxi General Factory is located in Xianxichong Village, Bailutang Town. With a total floor area of 262,769.7 and a building area of 69,523.7, it has 12 workshops, such as smelting workshop, lead electrolysis workshop and bismuth electrolysis workshop, with complete facilities for production, office, canteen and dormitory. Xiangyun Chemical Plant: Located in Bailutang Export Processing Zone, Chenzhou City, with a total area of 1 58 10, an office building area of 2,942.54 and a workshop area of 5,044.25. Has 3500 tons of bismuth oxide production line, office building, workshop and so on. 3. Xigui Pharmaceutical Production Base: Located in Bailutang Nonferrous Metals Industrial Park, Suxian District, with a total area of 57,840.5 and a workshop area of 6,763.02, including bismuth oxide workshop, pharmaceutical intermediate workshop and API workshop.

Second, corporate mergers and acquisitions.

M&A includes two meanings and two M&A methods. M&A is usually called M&A internationally, but it is called M&A in China. That is to say, inter-enterprise M&A is an act that an enterprise legal person obtains the property rights of other legal persons in a certain economic way on the basis of equality and voluntariness, and it is a main form of enterprise capital management. 5. The warehousing and logistics center is located in Group 6, Xianxichong Village, Bailutang Town, a non-ferrous metal industrial park with a total area of 33,440.8 and a construction area of 20,205.5, including warehouses and comprehensive buildings.

To sum up, Jin Wang Bismuth Industry became the first bismuth producer in China to enter the European market, and extended its deep processing production base and industrial chain to the European and American markets. Enterprise acquisition is a normal thing and should be treated with normality.