Is Tong Ming Hi-Tech bankrupt?

Bankrupt. On February 3, 2022, the contract dispute between Liu Daowan and Suzhou Hot Runner System Co., Ltd. and Jiangsu Lide Precision Mould Co., Ltd. was executed for the first time. The ruling shows that the bank deposits of Jiangsu Lide Precision Mould Co., Ltd. and Jiangsu Tong Ming Gaoke Automobile Electric Co., Ltd. were frozen and deducted, and the property of the executed person with corresponding value was sealed up and frozen according to law. Jiangsu Tong Ming Hi-Tech Automobile Electric Appliance Co., Ltd. went bankrupt. Jiangsu Tong Ming Group is a joint-stock enterprise, established in 199 1, located in Danyang, Jiangsu. It belongs to Jiangsu Tong Ming Automobile Lamp Co., Ltd., Jiangsu Tong Ming Hi-Tech Automobile Electric Appliance Co., Ltd., Jiangsu Sanming Aviation Electric Appliance Co., Ltd. and Jiangsu Tong Ming Automobile Electronics Co., Ltd.