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Is Zhongshan Kaida bankrupt?

No. As of May 31, 2023, the company's assets, including Keda's production equipment, office equipment and a batch of vehicles, as well as all trademark rights and all patent rights held by Keda have been auctioned. Keda is not bankrupt, but the ownership has changed. Zhongshan Keda Fine Chemical Co., Ltd. was established in 1965. It is a multi-functional, multi-level national large-scale first-class enterprise that combines science, industry and trade.