Xin Sai Trade declared bankrupt by court ruling.
Gelonghui, October 16th ─ Xinsai Co., Ltd. (600540.SH) announced that recently, Xinsai Trade received the ‘Civil Ruling’ [(2025) Xin 0106 Po 1 No. 1] from the Toutunhe District People’s Court, with the main content as follows: This court holds that the assets of Xinjiang Xinsai Trade Co., Ltd. are insufficient to repay its due debts,…

