Recently, the news of “China’s leading precast construction company, Yuanda Housing and Construction, applying for bankruptcy” has caused quite a stir in the construction industry.

Double Ended Ferrule

This industry benchmark enterprise, established in the 1990s and named by the Ministry of Housing and Urban Rural Development with an annual production capacity of over 10 million square meters, ultimately failed to survive the cold winter of 2025.

In fact, this is not an isolated case: its sister unit “Yuanda Kejian” decided to dissolve and cancel in early 2024; Zhongmin Zhuyou “has been repeatedly resold by its parent company due to business issues and is now in name only; Zhejiang Baoye Industrialization Company filed for bankruptcy in 2024 due to a broken capital chain; Shanghai Research Concrete Construction Company also entered bankruptcy reorganization proceedings in the same year due to profitability difficulties.

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