It is reported that in August, 75 construction enterprises nationwide went bankrupt and reorganized, including 45 in Jiangsu, 12 in Guangdong, 6 in Zhejiang, 5 in Fujian, and 1 in Hebei, Henan, Heilongjiang, Hubei, Jiangxi, Liaoning, and Sichuan.
Source: concrete mesh.
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In April, 83 construction enterprises nationwide went bankrupt and reorganized.
After the completion of some projects, they may also face the default of Party A in paying project funds.
In recent years, great changes have taken place in the external environment, especially the financing environment.
WeChat name: Wuhan Concrete Association WeChat ID: whhntxh,.
In June, 20 construction enterprises nationwide went bankrupt and reorganized, including 9 in Jiangsu, 5 in Guangdong, 2 in Hubei, 2 in Anhui, 1 in Hainan and 1 in Zhejiang.
In addition, due to the limited profitability of the project, construction enterprises are prone to break the capital chain in the context of increasingly difficult financing.
In May, 78 construction enterprises nationwide went bankrupt and reorganized, including 33 in Jiangsu, 8 in Guangdong, 7 in Zhejiang, 4 in Chongqing, 4 in Fujian, 4 in Hunan, 3 in Sichuan, 3 in Henan, 2 in Anhui, Guangxi, Hubei and Liaoning, and 1 in Jiangxi, Shandong, Shanxi and Shanghai.
For a long time, due to the fierce competition in the construction industry, construction enterprises, with limited funds, would not hesitate to adopt the way of advance construction and low price bid winning to compete in order to undertake projects.
In July, 80 construction enterprises nationwide went bankrupt and reorganized, including 30 in Jiangsu, 10 in Guangdong, 7 in Fujian, 7 in Zhejiang, 6 in Chongqing, 5 in Hunan, 2 in Guangxi, 2 in Henan, 2 in Yunnan, and 1 in Anhui, Heilongjiang, Hubei, Jiangxi, Ningxia, Shandong, Shaanxi, Sichuan, and Tianjin.
According to the survey, there have been 336 construction enterprises that have gone bankrupt and reorganized in recent months.