Traditional Culture Encyclopedia - Traditional culture - Can you get your money back from the China-Korea Northern Medicine Trading Center?

Can you get your money back from the China-Korea Northern Medicine Trading Center?

No. China-Korea North Medicine Trading Center has been in debt crisis due to poor management and broken capital chain, and has been ruled by the court to bankruptcy and liquidation. In this case, the creditors of China-Korea North Medicine Trading Center can recover their claims through legal channels. However, the creditors cannot fully recover their claims because the company's financial chain has broken and its assets cannot cover its debts. China-Korea North Pharmaceutical Trading Center is a Sino-Korean joint venture founded in 2015, which is mainly engaged in the import and export trade of pharmaceutical products and investment in the pharmaceutical industry.