Zhejiang Glass Company announced the news of bankruptcy, and through the auction of the assets of the Company and its subsidiaries to creditors in the property during the auction, Zhejiang Glass will also continue to operate. Zhejiang Glass This auction the practice Kibing Group cleared the acquisition of its biggest obstacle. March 16 flag foreshore Group will be headed with liquidity Zhejiang glass production line, and has taken over Zhejiang Glass, rearranged senior backbone, most high-level backbone are deployed from headquarters of the Kibing Group and over. This means that Kibing Group has acquired Zhejiang Glass.
The flag Sea acquisition of Zhejiang glass after glass production line increased to 20, the daily output will reach more than eleven thousand tons, an amount that is quite amazing. This also behalf of the Kibing Group Wall Run and Shahe glass flat shoulder as China's Big Three.