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Jiangsu Jiumao Initiates Bankruptcy Examination Proceedings
2025-08-25 /
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Author：小编
On August 21, Jiangsu Jiumao Precision Electronic Technology Co., Ltd. filed for voluntary bankruptcy examination. Prior to this move, the company had been entangled in as many as 61 judicial cases, with 52 of them serving as the defendant. The cumulative value of these cases amounted to 14.894 million yuan. Additionally, Jiangsu Jiumao was listed among the executors in these proceedings. Notably, the company boasts a significant clientele, including renowned brands like Samsung, ASUS, Lenovo, and Barco Medical. Despite serving such prestigious clients, the company has encountered severe financial challenges.
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