A few days ago, the first large/rock slab production line of Guangdong Shengshi Kunpeng Ceramics Co., Ltd. has officially fired up the kiln and will produce bricks at the end of June or early July. It mainly produces large rock slabs of 900×1800mm, 1800×2600mm and other specifications. The daily output exceeds 18,000 square meters.
According to "Ceramic Information", Guangdong Shengshi Kunpeng Ceramics Co., Ltd. (hereinafter referred to as "Shengshi Kunpeng Ceramics") was formerly Enping Fengze Ceramics Co., Ltd. (hereinafter referred to as "Fengze Ceramics"). Bad and insolvent, it has ceased production since June 3, 2019, and applied to the court for bankruptcy liquidation.
Two years later, after completing the relevant procedures, on February 3, 2021, the People’s Court of Enping City, Guangdong Province ruled to approve the enterprise reorganization plan; on February 7, 2021, organized by the Enping City Court of Guangdong Province, The manager of Enping Fengze Ceramics and the restructuring investor Foshan Taosheng Building Materials Co., Ltd. conducted an asset handover.
▲ In March 2021, "Jiangmen Daily" reported on the bankruptcy and reorganization of Fengze Ceramics.
According to reports, Foshan Kunpeng Building Materials Co., Ltd. is also an investor, and now the actual operator is Foshan Kunpeng Building Materials Co., Ltd., while Guangdong Shengshi Kunpeng Ceramics Co., Ltd. is one of the company's production bases, and the current investment in new production lines All completed by Foshan Kunpeng Building Materials Co., Ltd.
Four months after being officially acquired
The first large-scale rock slab line was ignited and put into operation
It has only been more than 4 months since Fengze Ceramics was officially acquired. The first large/slate slab production line of Guangdong Shengshi Kunpeng Ceramics Co., Ltd. has officially fired up the kiln and will produce bricks at the end of June or early July. It will mainly produce 900 ×1800mm, 1800×2600mm and other specifications of large rock slabs, the daily output exceeds 10,000 square meters.
According to "Ceramic Information", Shengshi Kunpeng Ceramics plans to build three large rock slab production lines. While eradicating the old production lines, Shengshi Kunpeng Ceramics will build three new large rock slab production lines with high specifications, using advanced production equipment at home and abroad, including Zhongpeng kiln, Henlitai press, ceramic inkjet machine...
It is also reported that Shengshi Kunpeng Ceramics' second large slate production line is scheduled to be officially launched at the end of August or mid-September, with a daily output of approximately 28,000 square meters. By then, the Shengshi Kunpeng Ceramics large slate products willSpecifications, designs and colors will be improved and enriched, further strengthening the product competitiveness of Shengshi Kunpeng Ceramics.
It is worth mentioning that with the ignition and commissioning of the first and second large rock slab production lines, two polishing lines of Shengshi Kunpeng Ceramics were also completed simultaneously, seamlessly matching the production of its large rock slabs.
Shengshi Kunpeng Ceramics is one of the production bases of Foshan Kunpeng Building Materials Co., Ltd. "Ceramic Information" found in "Tianyancha" that Foshan Kunpeng Building Materials Co., Ltd. has a registered capital of 30 million yuan and was established on September 23, 2003. Its subsidiaries include Feiyue Ceramics, Delais Ceramics, Macro Ceramics, and Ming. There are 6 brands in total: Pearl Ceramics, Lycra Fashion Ceramics, and Taojin Ceramics.
Liabilities of 260 million yuan!
Enping Fengze Ceramics Bankruptcy and Reorganization Review
Fengze Ceramics was established in 2008 with a registered capital of 500,000 yuan and is located in Puqiao New Building Materials Industrial Park, Shahu Town, Enping City. According to the "2017 Ceramics Industry Long March - National Ceramic Tile Production Capacity Survey Data", Fengze Ceramics has 4 production lines (2 polished tile production lines, 2 glazed tile production lines).
Since 2019, Fengze Ceramics has been involved in many disputes, including 17 sales contract disputes, 3 loan contract disputes, and 2 labor disputes. In 2020, he was listed as a dishonest person subject to execution for defaulting on private loans of approximately 16.47 million yuan.
On June 2, 2019, Enping Fengze Ceramics Co., Ltd. issued a production suspension and liquidation notice indicating that it would cease production and operations from June 3, 2019, and apply to the court for bankruptcy liquidation.
On November 28, 2019, the People's Court of Enping City, Guangdong Province issued an announcement, ruling on July 12, 2019 to accept the bankruptcy liquidation case of Enping Fengze Ceramics Co., Ltd., and on November 19, 2019, designated Guangdong Jinzhen Law Firm is the manager of Enping Fengze Ceramics.
After investigation by the administrator, as of January 18, 2021, it was confirmed that Fengze Ceramics has 354 employee creditors, and the total employee claims are 9.204 million yuan.
On November 12, 2020, in order to increase the repayment ratio of creditors and promote the smooth progress of the reorganization procedure, the administrator publicly recruited reorganization investors nationwide.
According to the investor recruitment announcement for the reorganization of Enping Fengze Ceramics Co., Ltd., Fengze Ceramics’ external liabilities totaled approximately 260 million yuan after creditors declared their claims and were initially reviewed and confirmed by the administrator.
Enping City Court is accepting the bankruptcy application of Fengze CeramicsAfter applying, we quickly sorted out the company's employee list, debt situation, etc., and found that Fengze Ceramics owns multiple trademark rights and has well-maintained assets. After recruiting investors, formulating a draft reorganization plan, and reviewing creditor's rights, in February 2021, On March 3, the Municipal Court ruled to approve the company’s reorganization plan.
On February 7, 2021, under the organization of the Enping City Court of Guangdong Province, the managers of Enping Fengze Ceramics and the reorganization investor Foshan Taosheng Building Materials Co., Ltd. conducted an asset handover. At this point, Enping Fengze Ceramics was officially acquired by Foshan Taosheng Building Materials and Foshan Kunpeng Building Materials Co., Ltd.
(This article is reproduced from Ceramic Information)
