Did Guangxi Luqiao Group go bankrupt?

Guangxi Luqiao Group did not close down.

Guangxi Luqiao Group is a national highway engineering construction general contracting enterprise with special qualification, and has the first-class qualification of municipal public engineering construction general contracting, bridge engineering, subgrade engineering and pavement engineering.

Tunnel engineering professional contracting level 1 and housing construction general contracting level 2, and passed the quality, environment, occupational health and safety management system certification.

According to recent news reports, Guangxi Luqiao Group is implementing several major projects, including the Tiane Longtan Bridge in Guangxi under construction.