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Is Shandong Dihua bankrupt?

No, according to the query of Shandong Dihua official website, due to the Waterloo project, the company had frequent personnel changes as of April 12, 2023, but it did not go bankrupt, only temporarily stopped working, and the follow-up work will continue. Bankruptcy refers to a legal system in which the creditor or debtor requests the court to declare bankruptcy and repay the debt according to the bankruptcy procedure when the debtor is unable to repay the debt or insolvent.