
JINGCHENG MAC's subsidiary Tianhai Low Temperature has been applied for bankruptcy liquidation by creditors

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JINGCHENG MAC's subsidiary Tianhai Low Temperature has been applied for bankruptcy liquidation by creditor Langhui Technology. The application reason is that Tianhai Low Temperature is unable to repay due debts and lacks repayment capability. The company's board of directors is in communication with creditors and the court to verify the situation. As of now, no court ruling has been received, and it is still uncertain whether Tianhai Low Temperature will enter bankruptcy proceedings
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