Is Beijing Deyang CRRC going out of business?

Beijing Deyang CRRC will not go bankrupt. After the merger of Beijing Deyang CRRC, there will be no domestic competitors, and state-owned enterprises will soon become zombie enterprises. Zombie enterprises refer to enterprises that stop production, semi-stop production, lose money year after year and are insolvent, and mainly rely on government subsidies and bank loans to survive and operate. Zombie enterprises are different from problem enterprises that are in trouble because of problem assets. They can come back to life soon, and it seems that they will not go bankrupt at present.