Did Guozhen Group declare bankruptcy?

No, according to the website of Guozhen Group, as of September 25, 2023, Guozhen Group has not issued any bankruptcy announcement, and its business status is continuing. Guozhen Group is a large-scale standardized enterprise group approved by Anhui Provincial People's Government. The company adheres to the enterprise tenet of "industry serving the country and contributing to the society" advocated by its founder, Mr. Well Lee, and promotes the enterprise spirit of "honesty, diligence, competition and innovation".