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Will Longjitai and the bankrupt government take over?

Yes Since the end of 20021,the news that the enterprise was about to declare bankruptcy spread like wildfire. In the end, 95% of the equity of its property management company was sold to Baoding Urban Construction Investment Group State-owned Enterprise Co., Ltd., and Longji Taihe Industrial Co., Ltd. was established in 1995, rising at the beginning of the new century, with real estate development and construction as the leading enterprise.