Qiantu Motors faces bankruptcy liquidation, with unpaid amount reaching 720 million yuan

Qiantu Motors (Suzhou) Co., Ltd. was recently filed for bankruptcy liquidation by two companies. According to the National Enterprise Bankruptcy and Reorganization Case Information Network, on January 20, the People's Court of Huqiu District, Suzhou City, Jiangsu Province, accepted the bankruptcy liquidation applications of Sentex Group Co., Ltd. and China Electronics System Engineering Second Construction Co., Ltd., involving an unfulfilled amount of up to 720 million yuan.