Is Yongwei going bankrupt soon?

No.

On April 26, 2022, Yongwei’s official public account finally refuted the rumors. The news that Yongwei was insolvent and had filed for bankruptcy was purely a rumor. The rumor maker had deleted the false information and apologized, and had hired a lawyer. The team safeguards corporate interests.

Zhengzhou Yongwei Real Estate Co., Ltd. was established in 2005 and has national first-class real estate development qualifications. Yongwei Real Estate is famous for its refinement and focuses on the development of high-end projects. It has developed into a group real estate development enterprise integrating real estate development, building materials, properties, doors and windows, gardens, and commerce, with an output value of over 10 billion yuan in diversified industrial development.