China Zhixing Technology Co., Ltd. faces bankruptcy liquidation

The Qixia District People's Court in Nanjing, Jiangsu Province, recently accepted the bankruptcy liquidation application for Zhongzhixing Technology Co., Ltd. The company failed to pay a 15,000 yuan labor arbitration award and was involved in multiple cases where enforcement was unsuccessful, resulting in insolvency and meeting bankruptcy requirements. Furthermore, Zhongzhixing's official website is no longer accessible, and the legal representative has been restricted from high-end consumption.